$2,300,000
Est. payment /mo
14 Beds
5,060 SqFt
Active
930 Clyde Avenue Santa Clara, CA 95054
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,060 sqft
Price per Sqft $454
MLS Listing ID ML81987135
Bedrooms 14
HOA Y/N No
Year Built 1963
Lot Size 7,920 Sqft
Acres 0.18
Property Sub-Type Quadruplex
Property Description
Rare opportunity to purchase a Santa Clara 4 plex with ALL 4/2 Townhouse style units- Average unit size is 1265 square feet- Unit mix is Four Four Bedroom/Two Bath units. 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 .
Location
State CA
County Santa Clara
Zoning R3
Interior
Heating Forced Air
Cooling Other
Flooring Hardwood, Laminate, Tile
Fireplace No
Laundry Coin Operated
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Santa Clara Unified
Others
Tax ID 10120025
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Listed by Michael Henshaw • Marcus & Millichap
A FEW WORDS FROM PAST CLIENTS
NEARBY SCHOOL & BUSINESS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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