1555 Washington St

Beds
Baths
2,585 Sq. Ft.
$812 / Sq. Ft.
2,585
Sq. Ft.
$812
per Sq. Ft.

Description

Marcus & Millichap is pleased to present 1555 Washington Street, a well-maintained six-unit single-story multifamily property in Santa Clara, California. Five of the units were constructed in 1953, complemented by a recently built 600-square-foot ADU added in 2023. Each unit offers a one-bedroom, one-bathroom floor plan, with a total estimated rentable area of approximately 2,690 square feet (buyer to verify). All units are equipped with in-unit washers and dryers, adding convenience and appeal for...Marcus & Millichap is pleased to present 1555 Washington Street, a well-maintained six-unit single-story multifamily property in Santa Clara, California. Five of the units were constructed in 1953, complemented by a recently built 600-square-foot ADU added in 2023. Each unit offers a one-bedroom, one-bathroom floor plan, with a total estimated rentable area of approximately 2,690 square feet (buyer to verify). All units are equipped with in-unit washers and dryers, adding convenience and appeal for tenants. The property sits on an 8,037-square-foot lot and currently delivers a strong in-place cap rate of 5.95%. Notably, the main electrical panel was updated in 2023, ensuring the property meets modern safety and efficiency standards.
  1. Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap • 408-483-5040

Property Details for 1555 Washington Street

MLS City Name
SANTA CLARA
Building Type
Other
Garage Spaces
0
Parking Spaces
3
LISTING UPDATED: 05/22/2026 09:01 AM

Property Details for 1555 Washington Street

StatusPending ( Do Not Show )
MLS #ML82034312
Days on Compass10
Taxes$24,529 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1953
Lot Size0.18 AC / 8,037 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152
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Building Information for 1555 Washington Street

Stories-Residences-Year Built1953Building Size-Lot Size0.18 AC / 8,037 SF

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$12,509 per month

30 year fixed, 6.36% Interest

Principal and Interest

$10,465

Property Taxes

$2,044

HOA Dues

$0

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Property Information for 1555 Washington Street

Features
Features
  • Fireplace: No
  • Laundry: Washer / Dryer
  • Living SqFt: 2585
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Santa Clara
  • Restrictions: None
  • Roof: Composition, Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1555
  • Street Name: Washington
  • Street Suffix: Street
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 2585
  • Structure SqFt Source: Assessor
  • Age: 73
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: CT
Location Information
  • Parcel Number: 224-28-050
  • 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, Concrete Slab
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $24,529
  • Capitalization Rate: 5.95
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: None
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $6,000
  • Expense Landscape: $600
  • Expense Maintenance: $6,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $2,400
  • Expenses Utility: $10,380
  • Expenses Total: $49,909
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Maintenance - Repair, Utilities - Water
  • Gross Rent Multiplier: 11.65
  • Income Annual Gross: $174,868
  • Income Annual Rental: $180,276
  • Income Gross Scheduled: $180,276
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,300
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,700

Property History for 1555 Washington Street

DateEvent & SourcePriceAppreciation
Feb 19, 2026

Pending

MLSListings #ML82034312

Feb 19, 2026

Pending

EBRD #ML82034312

Feb 19, 2026

Contingent - Show

MLSListings #ML82034312

DateEvent & SourcePrice
02/19/2026

Pending

MLSListings #ML82034312

02/19/2026

Pending

EBRD #ML82034312

02/19/2026

Contingent - Show

MLSListings #ML82034312

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

Public Records for 1555 Washington Street

Taxable ValueLand$1,758,276Additions$559,164Total$2,317,440
Tax Record2025$27,644 ($2,304 / month)
Home Facts
Total Finished SqFt2,090 SqFtAbove Grade Finished SqFt2,090 SqFtStories1Lot Size8,037 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningCTCountySANTA CLARAAPN224-28-050Fireplace TypeHas Fireplace

Schools near 1555 Washington Street

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
Scott Lane 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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Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152

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.