Property Details
About this Property
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 .
MLS Listing Information
MLS #
ML81987135
MLS Source
MLSListings, Inc.
Days on Site
32
Interior Features
Appliances
Cooktop - Electric
Flooring
Carpet, Hardwood, Laminate, Other, Tile, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
Central Forced Air, Other
Heating
Forced Air
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Carport, On Street, Other, Garage: 0 Car(s)
Elementary District
Santa Clara Unified
High School District
Santa Clara Unified
Sewer
Public Sewer
Water
Public
Zoning
R3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,265 | 3 | 3/0 | $2,965 |
| 2 | 1,265 | 4 | 2/0 | $2,965 |
| 3 | 1,265 | 4 | 2/0 | $3,250 |
| 4 | 1,265 | 3 | 2/0 | $3,200 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
930 Clyde Ave is a Residential Income in Santa Clara, CA 95054. This 5,060 square foot property sits on a 7,920 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,700,000 and was built in 1963. This address can also be written as 930 Clyde Ave, Santa Clara, CA 95054.
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This listing information is up-to-date as of November 21, 2024. For the most current information, please contact Michael Henshaw, (650) 269-6453
