Property Overview:
982-988 Di Giulio Ave is a 4-unit multifamily property in Santa Clara, CA, built in 1952. The property sits on a 6,448 sq. ft. lot with a gross building area of ~1,600 sq. ft. Each unit features a one-bedroom floor plan. The property offers positive cash flow with 20% down and is marketed as an excellent investment opportunity.
Property Features:
- New composition shingle roof & asphalt driveway
- 3 of 4 units have new dual-paned windows
- Several units updated
- On-site laundry
- Private parking
- Backyard space
- Private amenities for tenants
- Other nearby properties (942 & 962 Di Giulio) also for sale
Location Benefits:
- Prime Silicon Valley location in Santa Clara, the 8th most populous city in the Bay Area
- Close proximity to major employers:
- Intel, Google, Apple, LinkedIn, Microsoft, Yahoo
- Convenient access to major transportation corridors:
- U.S. Highway 101, CA State Route 82, Interstate 880
- Caltrain and Santa Clara Valley Transportation Agency (VTA)
- Nearby attractions:
- Downtown San Jose (4.2 mi)
- Santa Clara University (1.1 mi)
- PayPal Park (1.7 mi)
- Santana Row (3.6 mi)
Investment Highlights:
- Positive cash flow potential with 20% down
- Low vacancy rates in Santa Clara
- Strong employment fundamentals in the area
- High rental demand due to proximity to tech employers, shopping, dining, and entertainment
- Open House:
- Tuesday 8/13/24 & Thursday 8/15/24, 11AM-1PM
- Call to RSVP
Summary:
982-988 Di Giulio Ave offers a rare opportunity to own a well-maintained, income-producing multifamily asset in the heart of Silicon Valley, with modern updates, tenant-friendly amenities, and exceptional access to jobs, transit, and lifestyle conveniences. Ideal for investors seeking stable returns and long-term growth.