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$1,995,000
Est. payment /mo
8 Beds
3,556 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,556 sqft
Price per Sqft $561
MLS Listing ID ML82063660
Bedrooms 8
HOA Y/N No
Year Built 1958
Lot Size 10,014 Sqft
Property Sub-Type Quadruplex
Property Description
Excellent investment opportunity for a first-time investor or for an investor seeking to expand an existing portfolio. Property consists of a single-story, 3,556 sqft, situated on a 10,014 sqft parcel. The property is comprised of four 2BD/1BA units, each approximately 850 square feet in size. Amenities include air conditioning, dishwashers and washers & dryers in all units offering a level of convenience and functionality that supports tenant retention. Parking is accommodated by covered spaces for each unit, along with one additional on-site parking space per unit. Each unit also includes a dedicated storage closet. Two of the units benefit from private backyard areas, while all residents have access to a shared, landscaped courtyard, providing usable outdoor space that enhances livability. The asset is not subject to municipal rent control, allowing for flexibility in rent adjustments in accordance with California state regulations. Close proximity to many technology companies including ServiceNow, Applied Materials, Intel, NVIDIA, Advanced Micro Devices, Marvell Technology, Palo Alto Networks, and Agilent Technologies. A variety of retail, dining, and recreational amenities, as well as convenient access to major transportation corridors close by.
Location
State CA
County Santa Clara
Zoning R318
Interior
Heating Wall Furnace
Flooring Laminate, Tile
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Santa Clara Unified
Others
Tax ID 22418010
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Listed by Michael Shields • SiliconValley MultiFamilyGroup
NEARBY SCHOOL & BUSINESS
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Eric & Janelle Boyenga
Realtors DRE01254724 / 01254725
Realtors DRE01254724 / 01254725