Home | Santa Clara County | Santa Clara | 95054 | 2070 3rd St
MLS: ML82013844 | Status: | Price: $2,680,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,632 | 0.287 | 1957 |
6.59% Cap Rate! 2070 3rd St presents a rare opportunity to acquire a well-maintained 10-unit multifamily property in the heart of Silicon Valley. The building consists of (10) 1BD/1BA units, attracting single professionals and couples in the area. It offers 4,632 square feet of rentable space on a 12,500 square foot lot, providing a low-density layout with potential for future development. Each unit includes A/C, forced-air heating, dual pane windows, and a separate water heater, offering comfort and energy efficiency. Additional features include on-site laundry and a brand new roof. The property generates strong cash flow with in-place rents and further upside. Located near major tech employers such as Intel, Nvidia, Oracle, and Levi's Stadium, the property benefits from strong rental demand, low vacancy rates, and long-term growth. Additionally, the property is just a few blocks from Related Santa Clara, the 240 Acre and 9.2M square foot planned mega development of mixed-use real estate. With close proximity to highways (101, 880, 237), public transportation, retail, and dining, the property is ideally positioned for tenant convenience and long-term investment performance. This asset offers a compelling mix of steady income and value-add potential in a prime location.
| Field | Value |
|---|---|
| MLS # | ML82013844 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Flooring | Hardwood, Laminate, Tile |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | On Street, Garage: 0 Car(s) |
| Elementary District | Santa Clara Unified |
| High School District | Santa Clara Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R3 |
Will Tharp
Magnify Real Estate
License #: 01984173
Phone: (650) 918-0742
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 10 | 10 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 463 | 1 | 1/0 | – | – | 10 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Kathryn Hughes Elementary School | public | K-5 | 0.58 mi | 6 |
| Don Callejon School | public | K-8 | 0.80 mi | 8 |
| Montague Elementary School | public | K-5 | 0.95 mi | 5 |
| Mission Early College High | public | 9-12 | 1.19 mi | 10 |
| Fairwood Elementary School | public | K-5 | 1.63 mi | 9 |
| Dolores Huerta Middle | public | 6-8 | 1.65 mi | 4 |
| Kathleen MacDonald High School | public | 9-12 | 1.70 mi | 8 |
| Abram Agnew Elementary | public | K-5 | 1.79 mi | 8 |
| George Mayne Elementary School | public | K-5 | 1.93 mi | 6 |
| Bracher Elementary School | public | K-5 | 2.17 mi | 6 |
| Lakewood Elementary School | public | K-5 | 2.30 mi | 6 |
| Adrian Wilcox High School | public | 9-12 | 2.50 mi | 8 |
| San Miguel Elementary School | public | K-5 | 2.64 mi | 5 |
| Scott Lane Elementary School | public | K-5 | 2.67 mi | 3 |
| Juan Cabrillo Middle School | public | 6-8 | 2.73 mi | 7 |
| Bowers Elementary School | public | K-5 | 2.76 mi | 7 |
| Briarwood Elementary School | public | K-5 | 3.03 mi | 6 |
| Pearl Zanker Elementary School | public | K-6 | 3.18 mi | 10 |
| Columbia Middle School | public | 6-8 | 3.23 mi | 6 |
| Orchard Elementary School | public | K-8 | 3.33 mi | 5 |
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Will Tharp, (650) 918-0742.