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1487 Homestead RoadSanta Clara, CA 95050

For Sale

$1,380,000

Smart Buyer Rebate $13,800

This well-maintained 3-unit multifamily property presents an attractive investment opportunity in the heart of Santa Clara, CA. The charming triplex features three 1-bedroom, 1-bathroom units, each with a private 1-car garage, access to a shared laundry room, and a lush, comfortable backyard common area ideal for outdoor enjoyment. Spanning approx.1,800 sf of living space on a 0.16-acre (6,365 sf) lot, the property offers an efficient single-story layout. All units are currently leased to excellent tenants on a month-to-month basis, providing both stability and flexibility for future ownership. The property has seen thoughtful updates over the years, including remodeled bathrooms in two units, updated kitchens throughout, refinished hardwood flooring in select units, a newer roof, and double-pane windows across all units. Each unit is individually metered for gas & electricity, with a master water meter. Owned by the same family for decades, the property benefits from a history of stable tenancy and pride of ownership. Its central Santa Clara location offers convenient access to Silicon Valley's major employment centers, renowned universities, and established retail and dining corridors, making it an ideal opportunity for both rental upside and long-term investment value.

Listed by Kristy Kessler

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License #01898587

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Intero Real Estate Services

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408-839-9518

Last updated January 26, 2026

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Source: MLSListings #ML82032112

Listing Facts

  • TypeMulti-family
  • NeighborhoodThe Old Quad
  • Days on Prevu8
  • Taxes$1,072/year
  • Size1,800 sqft
  • Price per sqft$767

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/26/2026
Status changed to Active
$1,380,000
01/26/2026
Status changed to Removed from Feed
$1,380,000
01/25/2026
Status changed to Active
$1,380,000
01/23/2026
Status changed to Removed from Feed
$1,380,000
01/22/2026
Listed by Intero Real Estate Services
$1,380,000

Property Details for 1487 Homestead Road

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition
  • Stories: 1
  • Year Built: 1952
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,800
  • Lot Features: Grade - Mostly Level
  • Lot Size Area: 6,365
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,365
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.87
  • Gross Income: $63,600.00
  • Operating Expense Includes: Gardener, Insurance, Other, Trash, Water/Sewer

Taxes

  • Parcel Number: 269-20-046
  • Tax Annual Amount: $1,072.00

Interior

Features

  • Appliances: Cooktop - Electric, Oven Range, Washer/Dryer
  • Flooring: Hardwood, Laminate, Tile

Measurements

  • Living Area: 1,800

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached Garage, Detached, On Street
  • Parking Total: 3

Schools

Elementary School

  • Elementary School District: Santa Clara Unified

High School

  • High School District: Santa Clara Unified

Utilities

Equipment

  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1487 Homestead Road.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 1487 Homestead Road.

What are the annual taxes for 1487 Homestead Road?

Annual taxes for this multi-family home are estimated at $1,072.

How does 1487 Homestead Road compare to other multi-family homes in The Old Quad?

This multi-family home is listed 27% below the average price for multi-family homes in The Old Quad and has been on the market for 16 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,800 sqft.

1487 Homestead Road is a -bedroom multi-family home for sale in Santa Clara CA 95050. On Prevu for 8 days at $1,380,000. This residence features 1,800 square feet of living space, located in The Old Quad. The median listing price for multi-family homes in this area is $1,344,000. Additional amenities include pets allowed and parking. View other multi-family home listings in Santa Clara.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.