930 Clyde AVE
Santa Clara, CA 95054

  • 14 beds
  • – baths
  • 5,060 sqft
  • 7,841 sqft lot
  • $573 per sqft
  • 1963 build
  • on site

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 comparables 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 - Historically, the utility expenses have been lower than neighboring cities. 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 . Buy now!

MLSLISTINGS logo Listing courtesy of MLSLISTINGS / Michael Henshaw / Marcus & Millichap

Last checked: Checking… • Last updated May 1, 2024 •

MLS# 81960387 —

This property is listed in more than one place. See it here, and here.

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Sale history

Date Event Source Price % Change
4/5/24
Listed / Active MLSLISTINGS $2,900,000

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Listing provided by broker:

Michael Henshaw

Marcus & Millichap

650-269-6453

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This multifamily located in North 101, Santa Clara, CA 95054 is currently for sale for $2,900,000. 930 Clyde AVE is a 5,060 square foot multifamily with 14 beds and – baths that has been on Estately for 28 days. 930 Clyde AVE is in the North 101 neighborhood of Santa Clara and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Montague Elementary School, Buchser Middle School, and Santa Clara High School.

MLSLISTINGS logo Listing courtesy of Marcus & Millichap

MLSLISTINGS logo Listing Courtesy of: MLSLISTINGS, data current as of 16:51 on May 03.

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