$2,500,000
For Sale

920 Clyde Avenue

Santa Clara, CA 95054
4371 sqft | 0.25 acres | #ML81994390
Listing OfficeMarcus & Millichap
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Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

OWNER USERS!!!!!!! Welcome to this stunning 4,371 sq ft triplex/apartment home located in the vibrant city of Santa Clara. The owner's unit features modern flooring throughout, adding a touch of sophistication to every room. For your convenience, there is an onsite laundry area. The apartment homes are located within the Santa Clara Unified School District. Don't miss the opportunity to own this beautiful property in a prime location! 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 . 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.

  • Property Details
      • FoundationConcretePerimeter
      • Sewer InformationPublicSewer, Other
      • Property TypeMulti-Family
      • CountySanta Clara
      • Original List Price$2,500,000
      • MLS #ML81994390
      • MLS #ML81994390
      • Taxes Annual$29,213
      • Cost2500000
      • Property SubtypeTriplex
      • Acres0.2459
      • Utility SourcePublic
      • Utility FeaturesOther
      • School DistrictOther
      • Square Feet4371
      • Year Built1963
      • Stories2

Location

Annette CapranicaReal Estate Group

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