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Listed by Jimmy Castellanos • Marcus & Millichap
$ 2,290,000
Est. payment | /mo
4,264 SqFt
$ 2,290,000
Est. payment | /mo
4,264 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,264 sqft
Price per Sqft $537
MLS Listing ID ML82003482
HOA Y/N No
Year Built 1960
Lot Size 7,200 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Strong in-place cap rate of 4.81% - $13,500 of gross monthly income! Marcus & Millichap is pleased to present 2070 Sahara Way, a well-maintained and recently upgraded five-unit multifamily community located in the heart of Santa Clara, one of Silicon Valleys most dynamic and rapidly growing cities. This asset presents a compelling investment opportunity, supported by the city's strong employment base anchored by Fortune 500 companies such as Intel, Google, and the rapidly expanding NVIDIA, whose global headquarters is located just minutes from the property. With no city-level rent control in place, Santa Clara provides a landlord-friendly environment that enables investors to achieve market rents within a favorable economic timeline.
Location
State CA
County Santa Clara
Interior
Heating Forced Air, Wall Furnace
Fireplace No
Building
Water Public
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