Bought with Angela Chen • Realty One Group Infinity
$1,928,000
$1,998,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
6 Baths
4,388 SqFt
SOLD DATE : 06/11/2025
Key Details
Sold Price $1,928,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,388 sqft
Price per Sqft $439
MLS Listing ID ML82001177
Sold Date 06/11/25
Bedrooms 10
Full Baths 6
Year Built 1963
Lot Size 7,920 Sqft
Property Sub-Type Fourplex
Property Description
WELL MAINTAINED Santa Clara 4PLEX with GREAT UNIT MIX provides the savvy or first time investor with TREMENDOUS UPSIDE POTENTIAL. Or, If you are a buyer who cant afford the high prices of a single family residence in the Bay Area, live in one unit and offset your mortgage with the rental income from the other 3 units. Two of the apartments were recently renovated and left vacant to allow a new buyer to move in or rent at market rental rates. Buyer may also immediately raise the rent on the two occupied units upon transfer to gain immediate upside. The building consists of 4,388 SqFt of living space on a 7,920 SqFt lot, 10'x12' storage unit + coin operated laundry room. (2) 3 bed/2 bath units + (2) 2 bed/1 bath units come with a private balcony or patio, double paned windows; Central Heat/AC in # 1,2, 3. Most units have updated kitchens, bathrooms and flooring. A recently rebuilt carport offers 4 parking spots + 4 storage units, 3 parking spots are on the side of the building. The units are individually metered for electricity and gas. Ideal location with easy access to commuter routes and major freeways. Close to RIVERMARK, shopping, restaurants and more. Don't forget low utility rates, NO city transfer fees AND... rental increase limits set at 5% PLUS CPI (2025 - 8.8%)
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R3
Rooms
Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
Interior
Heating Central Forced Air - Gas, Floor Furnace , Gas
Cooling Central AC
Flooring Hardwood, Tile
Laundry Coin Operated, Washer / Dryer
Exterior
Parking Features Carport , Common Parking Area, On Street
Utilities Available Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Roof Type Composition,Shingle
Building
Story 2
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 101-22-102
Security Features Other
Horse Property No
Special Listing Condition Not Applicable
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