2070 Sahara WAY new Save Request In-Person Tour Request Virtual Tour
Santa Clara,CA 95050
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,264 sqft
Price per Sqft $537
MLS Listing ID ML82003482
Bedrooms 6
Full Baths 4
Year Built 1960
Lot Size 7,200 Sqft
Property Sub-Type Five or More Units
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
Area Santa Clara
Zoning R325
Interior
Heating Central Forced Air - Gas,Wall Furnace
Cooling Window / Wall Unit
Exterior
Parking Features Covered Parking
Utilities Available Individual Electric Meters,Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 224-30-011
Security Features None
Special Listing Condition Not Applicable