1487 Homestead Rd, Santa Clara, CA 95050

Off Market Feb 2026 for $1.6M

—

Est. refi paymentEst. refi $5,130/mo

•

1,800

sq ft

1487 Homestead Rd, Santa Clara, CA 95050

About this home

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.

Multi-familyProperty Type

1952Year Built

6,365 sq ftLot Size

$931Price/Sq.Ft.

3 car garageParking

Listed by Kristy Kessler •DRE #01898587 • Intero Real Estate Services

Contact: 408-839-9518

Bought with Brad Hung Le •DRE #01377345 • HLB Realty,Inc

Redfin checked: 2 minutes ago

•Source:MLSListings #ML82032112

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 95050, CA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.6%

2.0% MoM

Median sale price

$1.6M

$26K MoM

Avg. days on market

17d

5 days MoM

Recently sold homes

7 MoM

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Provided by Redfin

Sale history for 1487 Homestead Rd

Date

Event

Price

MLSListings #ML82032112

Feb 23, 2026

Sold

$1,675,000

$931/sq ft

Feb 23, 2026

Sold

$1,675,000

$931/sq ft

Feb 3, 2026

Pending

—

Jan 30, 2026

Pending

—

Jan 30, 2026

Contingent

—

Jan 22, 2026

Listed

$1,380,000

$767/sq ft

Jan 22, 2026

Listed

$1,380,000

$767/sq ft

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.

Public Records

May 1, 1972

Sold

$38,500

$21/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,072 (+3.5%)

$1,400,000 + $275,000

$1,675,000

2024

$1,036 (+1.0%)

$24,454 + $51,952

$76,406

2023

$1,025 (+0.3%)

$23,975 + $50,934

$74,909

2022

$1,022 (+0.6%)

$23,505 + $49,936

$73,441

2021

$1,016 (+2.0%)

$23,045 + $48,957

$72,002

2020

$996 (−0.1%)

$22,594 + $47,998

$70,592

2019

$998 (+6.0%)

$22,363 + $47,506

$69,869

2018

$942 (+0.6%)

$21,925 + $46,575

$68,500

2017

$936 (−4.8%)

$21,075 + $44,767

$65,842

2016

$983 (+0.5%)

$21,075 + $44,767

$65,842

2015

$978 (+6.3%)

$20,662 + $43,890

$64,552

2014

$920

$19,954 + $42,385

$62,339

2012

$920 (+13.3%)

$19,864 + $42,194

$62,058

2011

$812 (+2.8%)

$19,475 + $41,367

$60,842

2010

$790 (−1.6%)

$19,094 + $40,556

$59,650

2009

$803 (+3.4%)

$18,952 + $40,253

$59,205

2008

$777

$18,626 + $39,558

$58,184

Tax history for 1487 Homestead Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,072 (+3.5%)

$1,400,000 + $275,000

$1,675,000

2024

$1,036 (+1.0%)

$24,454 + $51,952

$76,406

2023

$1,025 (+0.3%)

$23,975 + $50,934

$74,909

2022

$1,022 (+0.6%)

$23,505 + $49,936

$73,441

2021

$1,016 (+2.0%)

$23,045 + $48,957

$72,002

2020

$996 (−0.1%)

$22,594 + $47,998

$70,592

2019

$998 (+6.0%)

$22,363 + $47,506

$69,869

2018

$942 (+0.6%)

$21,925 + $46,575

$68,500

2017

$936 (−4.8%)

$21,075 + $44,767

$65,842

2016

$983 (+0.5%)

$21,075 + $44,767

$65,842

2015

$978 (+6.3%)

$20,662 + $43,890

$64,552

2014

$920

$19,954 + $42,385

$62,339

2012

$920 (+13.3%)

$19,864 + $42,194

$62,058

2011

$812 (+2.8%)

$19,475 + $41,367

$60,842

2010

$790 (−1.6%)

$19,094 + $40,556

$59,650

2009

$803 (+3.4%)

$18,952 + $40,253

$59,205

2008

$777

$18,626 + $39,558

$58,184

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

6,365 Sq. Ft.

Year renovated

1952

Sq. Ft.

1,800

Year built

1952

Style

Multi-Family (2-4 Unit)

County

Santa Clara County

APN

26920046

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 22, 2026.

Medium-Density Residential Zone

The purpose of the R3 Medium-Low Residential Density Zone is to provide land areas for the construction, use, and occupancy of two-family dwellings, and multi-family dwellings (i.e., rowhouses, townhouses). It is the intent of this zone to ensure compatibility of duplex-type development with surrounding multi- and single-family dwellings and the local neighborhoods. The residential density range for this zone is 20-36 dwelling units per acre. This zone implements the Medium-Density land use designation in the General Plan.

Permitted uses

Include but are not limited to:

Housing-Multiple units
Housing-Senior
Housing-Other
Educational/school
Fire house
Police station
Communications tower
Park & open space

Property details

Parking

Parking Information
Parking Description: Attached Garage, Detached, On Street
Garage Spaces: 3
Parking Spaces: 3

Interior

Virtual Tour

Room Information
Laundry Room
Kitchen Description: Cooktop (Electric), Countertop (Granite), Oven Range

Interior Features
Laundry: Washer/Dryer
Flooring: Hardwood, Laminate, Tile

Heating & Cooling Information
Cooling: Ceiling Fan
Heating: Wall Furnace

Multi-Unit Information
# of Stories: 1
# of Units in Building (Total): 3
Annual Rental Income: $63,600
Annual Gross Income: $63,600
Gross Rent Multiplier: 21.70
Gross Scheduled Income: $63,600
Other Expenses: $357
Total Expenses: $10,259

Unit Type 1 Information
# of Bedrooms: 1
# of Baths (Full): 1
Approx Sq. Ft.: 600
Rent: $1,800

Unit Type 2 Information
# of Bedrooms: 1
# of Baths (Full): 1
Approx Sq. Ft.: 600
Rent: $1,800

Unit Type 3 Information
# of Bedrooms: 1
# of Baths (Full): 1
Approx Sq. Ft.: 600
Rent: $1,700

Exterior

Exterior Features
Roof: Composition
Yard/Grounds: Backyard, Fenced, Sprinkler(s) (Lawn)

Building Information
# of Buildings: 3
Subclass: Triplex
Concrete Perimeter

Property Features
Living Sq. Ft.: 1,800
Security Features: Other (See Remarks)
Special Features: Other (See Remarks)

Property Information
Ownership Type: Trust
Property Primary ID: 739145
Tenant Expenses: Utilities (Electric), Utilities (Gas)

Land Information
Landscape Expense: $960

Lot Information
Lot Description: Grade (Mostly Level)
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: 0G

Financial

Tax/Assessment Information
Annual Tax Amount: $1,072

Utilities

Utility Information
Energy Features: Double Pane Windows
Meters: Primary Water, Separate Common Area, Separate Electric, Separate Gas
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Trash Expense: $1,414
Utility Expenses: $4,321

Water Information
Water: Public

Location

School Information
Elementary School District: Santa Clara Unified
High School District: Santa Clara Unified

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,800
Stories: 1.0
Lot Size: 6,365 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1952
Year Renovated: 1952
County: Santa Clara County
APN: 26920046

Home facts updated by county records on Aug 22, 2026

Around this home

Schools

C. W. Haman Elementary School

Public K-5 • Assigned • 0.8mi

6/10

Buchser Middle School

Public 6-8 • Assigned • 0.4mi

8/10

Santa Clara High School

Public 9-12 • Assigned • 1.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The Santa Clara housing market remains competitive, with homes receiving an average of four offers. Over the past three months, the median home price was $1.7M, down 3.5% year over year. Current market conditions may provide buyers with more...
3 weeks ago • Santa Clara
Fifi Li
Redfin Premier agent
121 deals
Was this helpful?
Santa Clara’s summer market is highly competitive. While a seasonal rise in inventory gives buyers a bit more leverage to negotiate on homes needing updates, pristine, turnkey properties still spark immediate bidding wars. Coming in with a strong,...
1 month ago • Santa Clara
Johnny Singh
Redfin Premier agent
146 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 93° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

17 unhealthy days expected this year, 17 days in 30 years

Provided by First Street

Historical weather

Santa Clara, CA • 95050

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.4 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

11.4 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

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Home values near 1487 Homestead Rd

Data from public records.

Address	Redfin Estimate
1527 Homestead Rd, Santa Clara, CA 6 Beds \| 4 Baths \| 3170 Sq. Ft.	$1,514,100
1445 Homestead Rd, Santa Clara, CA 3 Beds \| 1 Baths \| 1110 Sq. Ft.	$1,360,187

Address	Redfin Estimate
1469 Homestead Rd, Santa Clara, CA - Beds \| - Baths \| 4146 Sq. Ft.	—
1536 Homestead Rd, Santa Clara, CA 2 Beds \| 2 Baths \| 1246 Sq. Ft.	$1,222,842

Address	Redfin Estimate
1511 Homestead Rd, Santa Clara, CA 2 Beds \| 2 Baths \| 1976 Sq. Ft.	$1,277,690
1540 Homestead Rd, Santa Clara, CA 4 Beds \| 2 Baths \| 2016 Sq. Ft.	$1,990,388

Property information provided by MLSListings when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 95050, CA

Sale history for 1487 Homestead Rd

Tax history for 1487 Homestead Rd

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 95050

Home values near 1487 Homestead Rd

More real estate resources