Property Overview:
1390 Madison St is a single-family home in Santa Clara, CA, built in 1998. It features 6 bedrooms, 5 bathrooms (4 ensuite), and approximately 2,600 sq. ft. in the main house. There is also a second unit above the garage with 1 bedroom, 1 bath, office, living area, and a gourmet kitchen (approx. 660 sq. ft.). The property sits on a nearly 10,000 sq. ft. corner lot. The estimated home value is $2,001,000 (last sold for $1,100,000 in 2018).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 6.8% (lower than state average of 11.8%)
- Property crime risk: 8.7% (lower than state average of 10.8%)
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Schools:
Nearby schools include Wilson Alternative, Scott Lane Elementary, and Buchser Middle.- Average SAT score: 1,155 (higher than state average of 975)
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Job Market:
- 65.1% white-collar jobs, 34.9% blue-collar jobs
- Unemployment rate: 3.6% (lower than state average of 4.7%)
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Demographics:
- Community population: 35,657 (18% growth since 2000)
- 58% families with children
- Largest age group: 25-34 years (18.2%)
- Second largest: 35-44 years (14.77%)
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Natural Disaster Risk:
- Moderate flood risk
- Low tornado risk
- High earthquake risk
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Weather:
- Average temperature: 46.4°F (January), 80.6°F (July)
- Average rainfall: 15.0 inches/year
- Average snowfall: 0.1 inches/year
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Cost of Living:
- Median household income: $65,818
- Average annual spending: $51,815
Property Features:
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Main House:
- 6 bedrooms, 5 bathrooms (4 ensuite)
- Sitting areas/parlor and dining nook with natural light
- Fully permitted commercial kitchen
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Second Unit (Above Garage):
- 1 bedroom, 1 bath, office, living area
- Gourmet kitchen with granite countertops, stainless steel appliances, and island with breakfast bar
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Outdoor Amenities:
- Multiple lounge areas
- Fire pit and pizza oven
- Synthetic turf grass
- Sparkling pool/spa
- Landscaped grounds on a corner lot
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Parking:
- Garage with additional parking
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Potential Uses:
- Family home with rental income
- Income property
- Corporate/student housing
- Potential B&B
- MILLS ACT candidate (potential property tax reduction)
Location Benefits:
- Prime location near Santa Clara University (SCU), Levi’s/Avaya stadiums, major tech companies, freeways, and shopping
- Versatile property suitable for families, investors, or business use
- Strong community growth and family-friendly environment