Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Eymon Binesh, DRE #02060059 • Marcus & Millichap

$1,995,000

Est. payment - /mo

8 Beds

4 Baths

3,008 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,008 sqft

Price per Sqft $663

MLS Listing ID ML82062098

Bedrooms 8

Full Baths 4

Year Built 1962

Lot Size 6,600 Sqft

Property Sub-Type Fourplex

Source MLSListings, Inc.

Property Description

Fully Occupied 4-Unit Multifamily Investment in the Heart of Silicon Valley! This well-maintained 3,008 SF property sits on a 0.15-acre lot in Santa Clara and is comprised entirely of spacious 2-bedroom, 1-bath units averaging 752 SF each a rare, uniform unit mix that simplifies management and appeals to a consistent renter pool. 100% occupied with in-place rents running roughly 9% below market, the asset offers investors stable current income (4.01% cap) plus clear upside through future rental optimization (4.57% pro forma cap). Individually metered electric and gas, attached garage parking for each unit, and a prime location near major employment centers, top-performing school districts, and regional transit corridors make this an attractive hold in one of the Bay Area's most supply-constrained rental markets. Priced at $1,995,000 ($498,750/unit, $663/SF). A rare opportunity to own a fully leased, turnkey asset in the heart of Silicon Valley.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning R325

Interior

Heating Gas

Cooling None

Exterior

Parking Features Attached Garage

Utilities Available Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 224-32-025

Special Listing Condition Not Applicable

Read Less Info

Nearby School & Business

Get More Information

JLee Broker

+1(650) 857-1000

Broker License ID: 00851314

Quick Search

2256 Deborah DR Santa Clara, CA 95050

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information