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.
For sale
$1,380,000
1487 Homestead Rd, Santa Clara, CA 95050
--beds
--baths
1,800sqft
Est.:
Triplex, Residential Income
Built in 1952
-- sqft lot
$-- Zestimate®
$767/sqft
$-- HOA
What's special
Efficient single-story layoutNewer roofUpdated kitchens throughoutShared laundry room
- 9 hours |
- 260 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: January 22, 2026 at 03:11am
Listed by:
Kristy Kessler 01898587 408-839-9518,
Intero Real Estate Services 408-357-5700
Source: MLSListings Inc,MLS#: ML82032112
Tour with a local agent
Facts & features
Interior
Kitchen
- Features: Countertop_Granite
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Oven/Range, Washer/Dryer
Features
- Flooring: Hardwood, Laminate, Tile
- Doors: Other
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Detached, On Street
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 1
Lot
- Size: 6,365 Square Feet
- Features: Mostly Level
Details
- Parcel number: 26920046
- Zoning: 0G
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1952
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Santa Clara
Financial & listing details
- Price per square foot: $767/sqft
- Tax assessed value: $76,406
- Annual tax amount: $1,072
- Date on market: 1/22/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: Other, OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$2,279/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/18/2021 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,072 +3.5% | $76,406 +2% |
| 2024 | $1,036 +1% | $74,909 +2% |
| 2023 | $1,025 +0.3% | $73,441 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,583/mo
Principal & interest
$6732
Property taxes
$1368
Home insurance
$483
Climate risks
Neighborhood: 95050
Nearby schools
GreatSchools rating
- 7/10C. W. Haman Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Buchser Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Santa Clara High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: SantaClaraUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





