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$ 1,995,000
Est. payment | /mo
3,008 SqFt
$ 1,995,000
Est. payment | /mo
3,008 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,008 sqft
Price per Sqft $663
MLS Listing ID ML82062098
HOA Y/N No
Year Built 1962
Annual Tax Amount $23,771
Lot Size 6,599 Sqft
Property Sub-Type Quadruplex
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 699 - Not Defined
Zoning R325
Interior
Cooling None
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Accessibility None
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 22432025
Special Listing Condition Standard
Listed by Eymon Binesh Marcus & Millichap #02060059
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