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$ 2,500,000
Est. payment | /mo
11 Beds
4,371 SqFt
$ 2,500,000
Est. payment | /mo
11 Beds
4,371 SqFt
OPEN HOUSE
Sat Feb 22, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,371 sqft
Price per Sqft $571
MLS Listing ID ML81994390
Bedrooms 11
HOA Y/N No
Year Built 1963
Lot Size 10,710 Sqft
Acres 0.25
Property Sub-Type Triplex
Property Description
OWNER USERS!!!!!!! Welcome to this stunning 4,371 sq ft triplex/apartment home located in the vibrant city of Santa Clara. The owner's unit features modern flooring throughout, adding a touch of sophistication to every room. For your convenience, there is an onsite laundry area. The apartment homes are located within the Santa Clara Unified School District. Don't miss the opportunity to own this beautiful property in a prime location! 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.
Location
State CA
County Santa Clara
Zoning R3
Interior
Heating Forced Air
Fireplace No
Building
New Construction No
Schools
School District Santa Clara Unified
Others
Tax ID 10120026
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Listed by Michael Henshaw • Marcus & Millichap