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.
Sold for $2,300,000
$2,300,000
551 Washington St, Santa Clara, CA 95050
6beds
2,142sqft
Single Family Residence, Residential
Built in 1890
6,342 Square Feet Lot
$2,255,800 Zestimate®
$1,074/sqft
$7,719 Estimated rent
Home value
$2,255,800
$2.05M - $2.46M
$7,719/mo
Zestimate® history
Owner options
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$7,719/mo
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$7,719/mo
Rent Zestimate®
Refinance and save
$14,498/mo
Est. payment
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$14,498/mo
Est. payment
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List your homeWhat's special
Permitted studio adu
Zillow last checked:
Listing updated:
Listed by:
Michael Camarena 02086938 408-710-0381,
Intempus Realty 408-320-5509,
Eugene Korsunsky 01795317 408-391-1606,
Intempus Realty
Bought with:
Adam Dahdouh, 01970098
Yellowstone Investments
Source: MLSListings Inc,MLS#: ML82009134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Dining room
- Features: DiningFamilyCombo
Family room
- Features: SeparateFamilyRoom
Heating
- Central Forced Air
Cooling
- None
Features
- Fireplace features: Family Room
Interior area
- Total structure area: 2,142
- Total interior livable area: 2,142 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Off Street
- Garage spaces: 2
Lot
- Size: 6,342 sqft
Details
- Parcel number: 26938052
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Brick, Masonry Perimeter
- Roof: Composition, Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Santa Clara
Other
Other facts
- Listing agreement: ExclusiveAgency
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $2,300,000-4.1%$1,074/sqft |
Source:  MLSListings Inc #ML82009134 Report a problem | ||
| 7/25/2025 | Pending sale | $2,398,888$1,120/sqft |
Source: MLSListings Inc #ML82009134 Report a problem | ||
| 6/11/2025 | Contingent | $2,398,888$1,120/sqft |
Source: MLSListings Inc #ML82009134 Report a problem | ||
| 5/30/2025 | Listed for sale | $2,398,888$1,120/sqft |
Source: MLSListings Inc #ML82009134 Report a problem | ||
| 10/29/2024 | Listing removed | $20,000$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2024 | Listed for rent | $20,000+175.9%$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2012 | Listing removed | $7,250$3/sqft |
Source: RealSource Property Management Report a problem | ||
| 10/24/2012 | Listed for rent | $7,250$3/sqft |
Source: RealSource Property Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,082 +3.8% | $501,849 +2% |
| 2024 | $5,858 +1% | $492,010 +2% |
| 2023 | $5,799 +1.5% | $482,364 +2% |
| 2022 | $5,713 +0.4% | $472,907 +2% |
| 2021 | $5,690 +1.9% | $463,636 +1% |
| 2020 | $5,585 | $458,883 +2% |
| 2019 | $5,585 +25.4% | $449,887 +20.2% |
| 2018 | $4,456 | $374,223 +2.9% |
| 2017 | $4,456 +1.3% | $363,798 +2% |
| 2016 | $4,397 +1.6% | $356,666 +1.5% |
| 2015 | $4,327 +5.4% | $351,310 +2% |
| 2014 | $4,107 | $344,429 +0.5% |
| 2013 | -- | $342,873 +2% |
| 2012 | -- | $336,151 +2% |
| 2011 | -- | $329,561 +0.8% |
| 2010 | -- | $327,099 -0.2% |
| 2009 | -- | $327,877 +2% |
| 2008 | -- | $321,449 +3.7% |
| 2007 | -- | $310,055 +3% |
| 2006 | -- | $301,028 +2% |
| 2005 | -- | $295,127 +2% |
| 2004 | -- | $289,342 +1.9% |
| 2003 | -- | $284,040 +2% |
| 2002 | -- | $278,472 +2% |
| 2001 | -- | $273,012 |
Find assessor info on the county website
Neighborhood: 95050
Nearby schools
GreatSchools rating
- 6/10Westwood Elementary SchoolGrades: K-5Distance: 1.3 mi
- 8/10Buchser Middle SchoolGrades: 6-8Distance: 0.1 mi
- 8/10Santa Clara High SchoolGrades: 9-12Distance: 2.1 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.
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Estimated market value
$2,255,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,255,800
- California
- Santa Clara County
- Santa Clara
- 95050
- 551 Washington St
Nearby cities
Nearby zip codes
Other Santa Clara Topics
