Property Overview:
Well-maintained fourplex in the highly desirable city of Santa Clara, near Sunnyvale, Cupertino, and Silicon Valley tech industries. The property offers a gross building area of ~3,342 sq. ft. with bright and spacious floor plans. Updated roof and newer exterior paint. Three units recently updated with new carpet, paint, and window coverings. Top condition rents project at $1,075/unit.
Neighborhood Highlights:
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Prime Location:
- Close to Apple Park, Kaiser Hospital, schools, restaurants, Costco, and shopping/dining.
- Walk to El Camino Blvd.
- Easy access to San Tomas Expressway, El Camino Real, and Lawrence Expressway.
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Convenience:
- Near public transportation and major employers.
- Family-friendly area with schools and parks nearby.
Property Features:
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Units:
- 3 units: 2 bedrooms / 1 full bath
- 1 unit: 2 bedrooms / 1.5 baths
- All units: Dual-pane windows, granite countertops with backsplashes, updated cabinets, tile flooring in kitchen & bath
- Flooring: 3 units with laminated wood, 1 unit with carpet
- Wall furnaces and ceiling fans in all units
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Parking & Outdoor Space:
- Three units: 1 carport parking each
- One unit: 2 parking spaces plus private fenced patio
- Private covered parking for all units
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Amenities:
- On-site coin-operated laundry facility
- Bright, spacious layouts in all units
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Current Occupancy:
- One unit vacant, three units tenant-occupied
- Easy to rent; strong rental demand
Investment Highlights:
- Exceptional investment opportunity
- Price to sell
- Easy to rent due to location and condition
- Projected rents: $1,075/unit
- Low maintenance with recent updates (roof, paint, interiors)