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Open House! Residential Income Property, Santa Clara 4plex w/Great Unit Mix (2) 3 BR, 2 BA; (2) 2 BR, 1 BA, 4388 Sqft On 7,920 Sqft Lot
Open House! Residential Income Property, Santa Clara 4plex w/Great Unit Mix (2) 3 BR, 2 BA; (2) 2 BR, 1 BA, 4388 Sqft On 7,920 Sqft Lot
1090 Clyde Ave, Santa Clara, CA 95054
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Open House, Sat April 26 From 3pm 5pm
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SEND YOUR BUYERS! Don’t let them miss our Recent Price Enhancement.
This WELL MAINTAINED Santa Clara 4PLEX with GREAT UNIT MIX provides your investor clients with TREMENDOUS UPSIDE POTENTIAL. Two units are currently vacant, recently updated and easy to show! If your buyers prefer a fully occupied building at close of escrow, we can deliver that too! No problem! We have had a lot of interest!
If you have first time home buyers who cant afford the high prices of a single family residence in the Bay Area…send them to check out the property. It is a great option for them to get into the real estate market in the Bay Area to start building equity. They can live in one unit and offset their mortgage with the rental income from the other 3 units.
The building consists of 4,388 SqFt of living space on a 7,920 SqFt lot, 10'x12’ storage unit + coin operated laundry room. (2) 3 bed/2 bath units + (2) 2 bed/1 bath units come with a private balcony or patio, double paned windows; Central Heat/AC in # 1, 2, 3. Most units have updated kitchens, bathrooms and flooring. A recently rebuilt carport offers 4 parking spots + 4 storage units, 3 parking spots are on the side of the building. The units are individually metered for electricity and gas.
Ideal location with easy access to commuter routes and major freeways. Close to RIVERMARK, shopping, restaurants and more. Don’t forget low utility rates, NO city transfer fees AND… rental increase limits set at 5% PLUS CPI (2025 - 8.8%). Buyers may immediately raise the rent on the two occupied units upon transfer to gain immediate upside.
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