$2,050,000

1555 Washington Street, Santa Clara CA, 95050

Price per sqft$793.04

Built in1953

Property size2,585 sqft

Property typeCommercial

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Overview

Active

Listed May 29, 2025

Updated Apr 10

$250K PRICE ADJUSTMENT! Strong in-place cap rate of over 6%! Washers and Dryers in every unit! Marcus & Millichap is pleased to present 1555 Washington Street, a well-maintained six-unit single-story multifamily property in Santa Clara, California. Five of the units were constructed in 1953, complemented by a recently built 600-square-foot ADU added in 2023. Each unit offers a one-bedroom, one-bathroom floor plan, with a total estimated rentable area of approximately 2,690 square feet (buyer to verify). The property sits on an 8,037-square-foot lot and currently delivers a strong in-place cap rate of 5.39%. Notably, all electrical systems were fully upgraded in 2023, ensuring the property meets modern safety and efficiency standards. Located just minutes from Santa Clara University, NVIDIA, San Jose International Airport, and other major employment hubs, the property offers convenient access to El Camino Real, providing seamless connectivity throughout Santa Clara and neighboring San Mateo County.

Additional information

MLS^® ID: ML82008801

Interior Features

Bathrooms: 0

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

Taxes: $23,950
Tax Frequency: Annually
Maintenance Expense: $3,000

Broker Reciprocity Courtesy of Marcus & Millichap, Jimmy Castellanos

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

78108 - MLS License Number

Data last updated 7:35 AM UTC, 4/10/2026

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.