551 Washington St Santa Clara, CA 95050
Downtown Santa Clara NeighborhoodEstimated payment $13,775/month
Total Views
72,313
6
Beds
3
Baths
2,142
Sq Ft
$1,120
Price per Sq Ft
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- 4-minute walk to Washington Park
- Westwood Elementary School Rated A
- Family or Dining Combination
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,858
Year Built
- Built in 1890
Lot Details
- 6,342 Sq Ft Lot
- Zoning described as R1
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Masonry Perimeter Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,142 Sq Ft Home
- Family Room with Fireplace
- Family or Dining Combination
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 269-38-052
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,858 | $492,010 | $139,374 | $352,636 |
| 2023 | $5,799 | $482,364 | $136,642 | $345,722 |
| 2022 | $5,713 | $472,907 | $133,963 | $338,944 |
| 2021 | $5,690 | $463,636 | $131,337 | $332,299 |
| 2020 | $5,585 | $458,883 | $129,991 | $328,892 |
| 2019 | $5,580 | $449,887 | $127,443 | $322,444 |
| 2018 | $4,456 | $374,223 | $124,945 | $249,278 |
| 2017 | $4,397 | $363,798 | $122,496 | $241,302 |
| 2016 | $4,344 | $356,666 | $120,095 | $236,571 |
| 2015 | $4,327 | $351,310 | $118,292 | $233,018 |
| 2014 | $4,107 | $344,429 | $115,975 | $228,454 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $2,398,888 | -- | $1,120 / Sq Ft |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | -- |
Source: Public Records
Similar Homes in the area
Source: MLSListings
MLS Number: ML82009134
APN: 269-38-052
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