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Listed by Mattie Baker • KW Silicon City
$1,998,000
Est. payment /mo
4,388 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,388 sqft
Price per Sqft $455
MLS Listing ID ML82001177
HOA Y/N No
Year Built 1963
Lot Size 7,920 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
WELL MAINTAINED Santa Clara 4PLEX with GREAT UNIT MIX provides the savvy or first time investor with TREMENDOUS UPSIDE POTENTIAL. Or, If you are a buyer who cant afford the high prices of a single family residence in the Bay Area, live in one unit and offset your mortgage with the rental income from the other 3 units. Two of the apartments were recently renovated and left vacant to allow a new buyer to move in or rent at market rental rates. Buyer may also immediately raise the rent on the two occupied units upon transfer to gain immediate upside. The building consists of 4,388 SqFt of living space on a 7,920 SqFt lot, 10'x12' storage unit + coin operated laundry room. (2) 3 bed/2 bath units + (2) 2 bed/1 bath units come with a private balcony or patio, double paned windows; Central Heat/AC in # 1,2, 3. Most units have updated kitchens, bathrooms and flooring. A recently rebuilt carport offers 4 parking spots + 4 storage units, 3 parking spots are on the side of the building. The units are individually metered for electricity and gas. Ideal location with easy access to commuter routes and major freeways. Close to RIVERMARK, shopping, restaurants and more. Don't forget low utility rates, NO city transfer fees AND... rental increase limits set at 5% PLUS CPI (2025 - 8.8%)
Location
State CA
County Santa Clara
Interior
Heating Forced Air, Natural Gas
Flooring Hardwood, Tile
Fireplace No
Laundry Coin Operated
Schools
School District Santa Clara Unified, Santa Clara Unified
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