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$2,395,000
Est. payment /mo
3 Beds
2.5 Baths
4,484 SqFt
UPDATED:
11/12/2024 06:05 PM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,484 sqft
Price per Sqft $534
MLS Listing ID ML81986375
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 1960
Lot Size 6,599 Sqft
Property Description
Jimmy Castellanos is pleased to present 184 Roxbury Street in Santa Clara, CA. This investment presents a unique opportunity to capitalize on one of Silicon Valley's most desirable cities. This charming six-unit multifamily community, built in 1960, offers 4,484 square feet of rentable space and is situated on a 6,600 square foot lot. The property consists of four spacious one-bedroom and two two-bedroom units, providing a variety of living options for residents. Located just 0.7 miles from Santa Clara University, 184 Roxbury Street is positioned in the heart of Silicon Valley, surrounded by major tech companies and thriving institutions. The proximity to industry giants such as NVIDIA, Intel, Intuit Surgical, and the San Francisco 49ers, enhances the appeal of this property to potential renters. As of October 2024, the average median home price in Santa Clara is $1.8 million, underscoring the significant value proposition this multifamily property represents. At a listing price of $2,395,000, roughly $400,000 per unit, 184 Roxbury Street offers a compelling investment opportunity, well below the cost of single-family homes in the area.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R325
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Exterior
Garage Carport , Common Parking Area
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 269-57-009
Security Features None
Special Listing Condition Not Applicable
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Listed by Jimmy Castellanos • Marcus & Millichap
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Matt Cossell
Top 1% Realtor | License ID: 01382971
Top 1% Realtor License ID: 01382971