2831 Malabar Avenue
Santa Clara, CA 95051

  • 9 beds
  • – baths
  • 4,032 sqft
  • 7,150 sqft lot
  • $503 per sqft
  • 1962 build
  • on site

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Great investment opportunity in Santa Clara with Cupertino Schools. Unit number one is like a townhouse, ideal for great rental rates or owner occupied with 3 bedrooms, 2 baths, fireplace, enclosed private patio room, indoor laundry, and a 1 car private detached garage, THe rest are 2 bedroom 1 bath with private detached 1 car garages, shared laundry. rents may appear to be below market, however, the tenants in units #1 & 4 have given notice. Unit 2 rent is low because the tenant is managing the property, which is why the management cost is $9,000. This is the cost of the management fees of unit #2 in the form of reduced rent. Great opportunity to lease to new tenants at market rates and bring up the cap rate. Close to Santana Row, Valley Fair, the new Apple campus, 280, Stevens Creek, San Tomas Expressway, Lawrence Expressway. Please do not disturb the tenants.

bridgeMLS logo Listing courtesy of BRIDGE / Compass

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# ML81636013 —

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Sale history

Date Event Source Price % Change
11/1/17
BRIDGE $2,550,000 25.6%
3/2/17
Sold BRIDGE $2,030,000
1/31/17
Listed / Active MLSLISTINGS

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Multifamily Sold on 3/2/2017

$2,030,000

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Listing provided by broker:

Dave Tonna

Compass

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bridgeMLS logo Listing courtesy of Compass

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 18:50 on May 06.

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