930 Clyde Avenue, Santa Clara, CA 95054 - Berkshire Hathaway HomeServices California Properties
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930 Clyde Avenue, Santa Clara, CA 95054

$2,700,000 Approx. USD 0 beds, 0 baths
5,060 sqft
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Listing Agent


Michael Henshaw | mhenshaw@marcusmillichap.com
Lic#: 01134592
Broker: Courtesy of Marcus & Millichap

Agent Remarks

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 .

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# ML81987135
Price: $2,700,000
Beds: 0
Baths: 0
Built in 1963
5,060 sqft
0.18 acres
Lot size: 0.1818
County: Santa Clara
Zoning: R3
Appliances: Electric Cooktop
Parking description: Carport,Other,Uncovered
Heating/cooling: Central Air
Heating description: Forced Air
MLS area: 699 - Not Defined

Last Updated: 3/10/2025

 Days On Market (DOM): 121

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.390244, -121.950345.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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