1487 Homestead Rd

Beds
Baths
1,800 Sq. Ft.
$767 / Sq. Ft.
1,800
Sq. Ft.
$767
per Sq. Ft.

Description

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...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.
  1. Listed by Kristy Kessler • DRE #01898587 • Brokerage DRE #01354442 • Intero Real Estate Services • 408-839-9518

Property Details for 1487 Homestead Road

MLS City Name
SANTA CLARA
Building Type
TRIPLEX
Garage Spaces
3
Parking Spaces
3
Cross Street
Jefferson St
LISTING UPDATED: 01/24/2026 07:30 PM

Property Details for 1487 Homestead Road

StatusActive
MLS #ML82032112
Days on Compass4
Taxes$1,072 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1952
Lot Size0.15 AC / 6,365 SF
CountySanta Clara County

Location

Listing Courtesy of Intero Real Estate Services, Kristy Kessler, DRE #01898587
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Building Information for 1487 Homestead Road

Stories1Residences3Year Built1952Building Size-Lot Size0.15 AC / 6,365 SF

Payment Calculator

$6,815 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,726

Property Taxes

$89

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1487 Homestead Road

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Oven Range
Features
  • Energy Features: Double Pane Windows
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Tile
  • Laundry: Washer / Dryer
  • Living SqFt: 1800
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Detached Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Double Pane Windows
  • Area Text: Santa Clara
  • Roof: Composition
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 1487
  • Street Name: Homestead
  • Street Suffix: Road
  • Area ID: 8
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 3
  • Structure SqFt: 1800
  • Structure SqFt Source: Assessor
  • Age: 74
Development Information
  • Ownership Type: Trust
  • Zoning Detail: 0G
Location Information
  • Parcel Number: 269-20-046
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95050
  • Elementary School District: 483
  • High School District Text: Santa Clara Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Description: Grade - Mostly Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Fenced, Sprinklers - Lawn
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $1,072
  • Building Unit Total: 3
  • Capitalization Rate: 3.88
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,135
  • Expense Landscape: $960
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $1,414
  • Expenses Other: $146
  • Expenses Utility: $4,321
  • Expenses Total: $10,048
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water, Other
  • Gross Rent Multiplier: 21.70
  • Income Annual Gross: $63,600
  • Income Annual Rental: $63,600
  • Income Gross Scheduled: $63,600
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,800
Unit 2 Information
  • Unit 2 Approx Square Footage: 600
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,800
Unit 3 Information
  • Unit 3 Approx Square Footage: 600
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,700
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 1487 Homestead Road

DateEvent & SourcePriceAppreciation
Jan 22, 2026

Listed (Active)

EBRD #ML82032112

$1,380,000
Jan 22, 2026

Listed (Active)

MLSListings #ML82032112

$1,380,000
DateEvent & SourcePrice
01/22/2026

Listed (Active)

EBRD #ML82032112

$1,380,000
01/22/2026

Listed (Active)

MLSListings #ML82032112

$1,380,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1487 Homestead Road

Taxable ValueLand$24,454Additions$51,952Total$76,406
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size6,365 SqFtStyleTriplexYear Built1952Zoning0GCountySANTA CLARAAPN269-20-046Fireplace TypeHas Fireplace

Schools near 1487 Homestead Road

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
C. W. Haman Elementary School
PublicK to 5

Buchser Middle School
Public6 to 8

Santa Clara High School
Public9 to 12

Wilson Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1487 Homestead Road is a multi-family home for sale in Santa Clara, CA 95050. This property was listed for sale on January 22, 2026 by Intero Real Estate Services, it's currently listed at $1,380,000. This listing's school district is Santa Clara Unified School District. Nearby schools include C. W. Haman Elementary School, Buchser Middle School and Santa Clara High School. 1487 Homestead Road is a 0-bed, 0-bath, 1,800 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intero Real Estate Services, Kristy Kessler, DRE #01898587

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.