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 .
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.
The median home value in Santa Clara, CA is $1,438,500. 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 $1,438,500. 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 95054 has a population of 127,922. Santa Clara 95054 is more family-centric than the surrounding county with 39.42% 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 95054 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 95054 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.