Great Opportunity on this premier 8-unit investment property only four blocks from Santa Clara University! The property features a charming Victorian triplex with a large basement built in the early 1900s, and a separate 5-unit apartment constructed in 1957. There are two APNs with potential to obtain a lot line adjustment and separate the property into a triplex and 5-unit, in addition to further upside by converting the three garages into an ADU (Buyer to verify). The property has excellent curb appeal and large frontage on Homestead Road, with a spacious lot size of 10,130 SF. This pride-of-ownership asset is well-maintained with significant upside in rents. The investment appeal of this asset is driven by a strong rental market with an option for student housing, and a prominent location that will benefit from nearby developments. The property is minutes away from local attractions such as Santa Clara University, Santana Row, Westfield Valley Fair, and downtown San Jose.
Marcus & Millichap is pleased to present 480 California Street, an exceptional fourplex opportunity located in the thriving city of Santa Clara, California. This asset features spacious four (4) two-bedroom/one-bathroom floor plans, at approximately 900 square feet each, situated on a massive 9,480 square foot lot. Select units have been renovated with high-end designer finishes including new LVT flooring, quartz countertops, LED lighting, and full kitchen/bathroom remodels. With a world-class location in the heart of Silicon Valley, 480 California Street is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Rare opportunity to purchase a Santa Clara 4 plex with Large Townhouse style units- Average unit size is 1265 square feet- Unit mix is Two (2) Three Bedroom/Two Bath Townhouses and Two ( 2) Four Bedroom/Two Bath units. The price per square foot is $573 which is significantly below the price per square of recent sales- $692. The price per unit is 25% below current replacement cost. The property has upgraded interiors , central AC and forced air heating. The windows have been upgraded. The property benefits from mature landscaping and has excellent curb appeal. The property is located in the center of Silicon Valley - Major employments hubs, transportation and national retailers are all minutes away. The City of Santa Clara does not have rent control but the property is governed by AB 1482- Under 1482, a new owner would be allowed to raise rents 5% plus CPI per year. The City of Santa Clara has their own utility company . The City of Santa Clara allows a landlord to recapture RUBS. The pipeline for new market rate MF housing is almost zero due to high construction costs. The demand for apartments is increasing - The apartment rental market is getting ready to surge .
Jimmy Castellanos is pleased to present 184 Roxbury Street in Santa Clara, CA. This investment presents a unique opportunity to capitalize on one of Silicon Valley's most desirable cities. This charming six-unit multifamily community, built in 1960, offers 4,484 square feet of rentable space and is situated on a 6,600 square foot lot. The property consists of four spacious one-bedroom and two two-bedroom units, providing a variety of living options for residents. Located just 0.7 miles from Santa Clara University, 184 Roxbury Street is positioned in the heart of Silicon Valley, surrounded by major tech companies and thriving institutions. The proximity to industry giants such as NVIDIA, Intel, Intuit Surgical, and the San Francisco 49ers, enhances the appeal of this property to potential renters. As of October 2024, the average median home price in Santa Clara is $1.8 million, underscoring the significant value proposition this multifamily property represents. At a listing price of $2,395,000, roughly $400,000 per unit, 184 Roxbury Street offers a compelling investment opportunity, well below the cost of single-family homes in the area.
Great investment opportunity with this well-maintained duplex, ideally situated in the heart of Santa Clara. This property boasts two spacious units, each featuring comfortable living spaces, updated kitchen, and ample natural light. Located just minutes from tech giants and major companies, this duplex is perfect for professionals seeking convenience and easy commutes. Enjoy a shared backyard, perfect for relaxing or entertaining guests. This duplex not only offers a fantastic living environment but also presents a valuable investment opportunity in a highly sought-after area. Dont miss your chance to own a piece of Santa Clara real estate.
Significant Price Reduction $450k -- Bring Offers -- Three adjoining triplexes (9 units) available to purchase individually or together located at 2464, 2468, & 2472 Karen Drive in Santa Clara, California. This is a rare investment opportunity, offering three single-story triplexes ideally situated on adjoining parcels. The properties are available for sale as a package or individually, catering to a range of investment and financing strategies. The portfolio offers (6) 2-bedroom units and (3) 3-bedroom units with private garages. Marketing Package for the portfolio and/ or individual addresses available upon request.
Highly desirable prime Silicon Valley location! Great opportunity to own an excellent property with great income. Building has 1 large 3 Bd 2 Ba unit with a private garage. There are 2 units which have 2Bds and 1Ba plus a carport, 3 units with 1 Bd, 1 Ba and a carport for each unit. A very solid and profitable investment in an exceptional location. You will never have to worry about vacancies in this area and rents are are always on the rise in this area. This is a great opportunity for an investor looking for an easy to manage, solid investment that can bring excellent lifetime income.
The median home value in Santa Clara, CA is $1,400,000. This is lower than the county median home value of $1,450,100. The national median home value is $338,100. The average price of homes sold in Santa Clara, CA is $1,400,000. Approximately 39.65% of Santa Clara homes are owned, compared to 53.77% rented, while 6.58% are vacant. Santa Clara real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Clara real estate agent to arrange a tour today!
Santa Clara, California has a population of 127,922. Santa Clara is less family-centric than the surrounding county with 38.68% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Santa Clara, California is $150,244. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Santa Clara is 34 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 15.4 inches per year, with 0 inches of snow per year.