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.
For sale
$2,998,000
3rd Santaclara, Santa Clara, CA 95054
--beds
--baths
4,632sqft
Est.:
Five Or More Units,
Built in 1957
-- sqft lot
$2,876,900 Zestimate®
$647/sqft
$-- HOA
What's special
Brand new roofSeparate water heaterForced-air heatingDual pane windows
- 20 days
- on Zillow |
- 79 |
- 3 |
- Loading
- Loading