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Santa Clara 4plex; 4,388 SqFt On 7,920 SqFt Lot; Excellent Unit Mix (2) 3 Beds/2 Baths;
(2) 2 Beds/1 Bath; 5% CAPRATE
Santa Clara 4plex; 4,388 SqFt On 7,920 SqFt Lot; Excellent Unit Mix (2) 3 Beds/2 Baths; (2) 2 Beds/1 Bath; 5% CAPRATE
1090 Clyde Ave, Santa Clara, CA 95054
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Open Houses:
Saturdays Apr 19 & Apr 26 From 3pm To 5pm
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SEND YOUR BUYERS! OFFER DEADLINE MONDAY, APRIL 28TH at 6PM
WELL MAINTAINED Santa Clara 4PLEX with GREAT UNIT MIX provides your savvy or first time investor with TREMENDOUS UPSIDE POTENTIAL. Or, If your buyer can’t afford the outrageous prices of an SFR in the Bay Area, they could live in one unit and offset their mortgage with the rental income from the other 3 units.
Two of the apartments were recently renovated and left vacant to allow a new buyer to move in or rent at market rental rates. Buyer may also immediately raise the rent on the two occupied units upon transfer to gain immediate upside. 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 and Air Conditioners 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%)
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