This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1/7
298 Madison St, Santa Clara, CA 95050
$2,700,000
298 Madison St, Santa Clara, CA 95050View this property at 298 Madison St, Santa Clara, CA 95050
298 Madison StSanta ClaraCA95050
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1/7
Property Description
Magnify is pleased to present the opportunity to acquire 298 Madison Street, a prime 6-unit building located in the highly desirable city of Santa Clara. Constructed in 1958, the property consists of (1) 3BD/1BA, (1) 2BD/1BA, and (4) 1BD/1BA amounting to 3,312 building square feet. Additional square footage was also converted to livable space in two units and this is not included in county records. The property has nice curb appeal and sits on a large 8,777 square foot lot with strong in-place rents. There is an opportunity to create a 7th unit by converting the large garage into an ADU with a private backyard. The building has dual-pane windows, coin operated laundry, and two units include private patios. The property is less than 1 mile from Santa Clara University and just a short drive from other top attractions including Santana Row and the Pruneyard. It is also located near top tech employers in the Silicon Valley including NVIDIA, AMD, and Applied Materials.
Full Property Details
Full Property Details for 298 Madison St
General
- Price: $2,700,000
- Status: Active
- Type: Commercial Residential Facility
- MLS ID: ML81883193
- Updated: 5/15/2022
- Added: 101 day(s) ago
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Detached Garage
Location
- Area: Santa Clara
- County: Santa Clara
Heating & Cooling
- Cooling Type: Ceiling Fan
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter, Post and Pier
- Roof: Composition, Shingle
- Disability Access: Parking
- Square Feet: 3,812
- Year Built: 1958
Unit Information
Unit 1
- Square Feet: 500
- Bedrooms: 1
Unit 2
- Square Feet: 600
- Bedrooms: 2
Unit 3
- Square Feet: 712
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.2015
- Minimum Lot Size: 8777
- Building Sites: 1
- Zoning: R3
Disclosures and Reports
- Restrictions: None
Listed by Katz Inc, Eric Katz
Get Pre-Approved Today
Schools
Schools serving 298 Madison St
School District:Santa Clara Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
435 Saratoga Ave, Santa Clara, CA 95050 | PK-5 | 1 mi | |
1111 Bellomy St, Santa Clara, CA 95050 | 6-8 | 0.2 mi | |
3000 Benton St, Santa Clara, CA 95051 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 298 Madison St
Date
Details
Price
Change
Source
5/15/2022
Price Reduced
$2,700,000
-3.57%
MLS
3/20/2022
Listed
$2,800,000
68.22%
MLS
11/16/2016
Sold
$1,664,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 298 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$21,564
2%
$1,784,678
1%
2020
$21,172
—
$1,766,379
2%
2019
$21,147
7%
$1,731,745
2%
2018
$19,786
—
$1,697,790
2%
2017
$19,690
122%
$1,664,500
125%
2016
$8,884
—
$741,054
2%
2015
$8,849
5%
$729,924
2%
2014
$8,417
—
$715,626
—
2013
$8,440
—
$712,392
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 298 Madison St
298 Madison St, Santa Clara, CA 95050 (MLS# ML81883193) is a Commercial Residential Facility property. 298 Madison St is currently listed for $2,700,000 and was received on March 20, 2022. Want to learn more about 298 Madison St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Santa Clara? You can browse all Santa Clara real estate or contact a Coldwell Banker agent to request more information.