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551 Washington St, Santa Clara, CA 95050

Sale Price: $2,300,000
May 30, 20251,790 sqft5 beds3 baths
Listed by: Michael Camarena
License #: 02086938
Phone #: 408-710-0381
Intempus Realty
Source:
CRMLS Logo
MLS #: ML82009134

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$43,679

TurboHome Estimated Value

$2,655,400

$1,483 sqft

High Valuation
$2,788,170
$1558/sqft
Normal Valuation
$2,655,400
$1483/sqft
Low Valuation
$2,522,630
$1409/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1483/sqft$2,655,400

Neighborhood

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Comparative Value

$1.77M

$1.90M

$2.30M

$2.39M

$2.40M

1559 Harrison St, Santa Clara, CA 95050

Sale Price: $1,775,000

Selected Comparable

1444 McKendrie St, San Jose, CA 95126

Sale Price: $1,901,000

Selected Comparable

551 Washington St, Santa Clara, CA 95050

Sale Price: $2,300,000

Selected Comparable

1737 Los Padres Blvd, Santa Clara, CA 95050

Sale Price: $2,300,000

Selected Comparable

2387 Bohannon Dr, Santa Clara, CA 95050

Sale Price: $2,388,000

Selected Comparable

551 Washington St, Santa Clara, CA 95050

List Price: $2,398,888

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
551 Washington St, Santa Clara, CA 95050

551 Washington St, Santa Clara, CA 95050

List: $2,398,888

Listed: 5/30/2025

Area:1,790 sqft
Price/sqft:$1,340
Beds:5
Baths:3
Year Built:
Lot Size:6,342

Comparable Properties

COMPARABLE
Choose comps
551 Washington St, Santa Clara, CA 95050

551 Washington St, Santa Clara, CA 95050

Sale: $2,300,000

8/15/20250.00 mi

Area:1,790 sqft
Price/sqft:$1,285
Beds:5
Baths:3
Year Built:
Weight:26.8%
1444 McKendrie St, San Jose, CA 95126

1444 McKendrie St, San Jose, CA 95126

Sale: $1,901,000

7/1/20250.89 mi

Area:1,771 sqft
Price/sqft:$1,073
Beds:4
Baths:3
Year Built:
Weight:19.8%
1737 Los Padres Blvd, Santa Clara, CA 95050

1737 Los Padres Blvd, Santa Clara, CA 95050

Sale: $2,300,000

4/11/20251.40 mi

Area:1,795 sqft
Price/sqft:$1,281
Beds:4
Baths:3
Year Built:
Weight:18.6%
1559 Harrison St, Santa Clara, CA 95050

1559 Harrison St, Santa Clara, CA 95050

Sale: $1,775,000

1/31/20250.70 mi

Area:1,691 sqft
Price/sqft:$1,050
Beds:4
Baths:3
Year Built:
Weight:18.3%
2387 Bohannon Dr, Santa Clara, CA 95050

2387 Bohannon Dr, Santa Clara, CA 95050

Sale: $2,388,000

11/12/20241.38 mi

Area:1,895 sqft
Price/sqft:$1,260
Beds:4
Baths:3
Year Built:
Weight:16.6%

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