Bought with Adam Dahdouh • Yellowstone Investments
$2,300,000
$2,398,888
4.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,142 SqFt
SOLD DATE : 08/15/2025
Key Details
Sold Price $2,300,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,142 sqft
Price per Sqft $1,073
MLS Listing ID ML82009134
Sold Date 08/15/25
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1890
Lot Size 6,342 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Strategically located just steps from Santa Clara University, 551 Washington St presents a rare opportunity to own a high-performing student rental in one of Silicon Valleys most competitive housing markets. This property features 5 bedrooms & 2 baths in the front house and a permitted studio ADU attached to the detached garage. This rare opportunity offers a layout that caters perfectly to student living and maximizes rental income. The property is already leased for the full 20252026 academic year (July 2025 through June 2026) at an impressive $17,500 per month, providing immediate, predictable cash flow and eliminating leasing uncertainty for the upcoming year. With strong historical occupancy, premium rental rates, and a location thats in constant demand among SCU students, this is a turnkey investment opportunity with excellent income stability and long-term upside. Dont miss your chance to acquire a cash-flowing asset in the heart of Santa Claras student housing market.
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Exterior
Garage Spaces 2.0
Private Pool false
Building
Water Public
Schools
School District Santa Clara Unified, Santa Clara Unified
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