$2,050,000
For Sale

1090 Clyde Avenue

Santa Clara, CA 95054
4388 sqft | 0.18 acres | #ML82001177
Listing OfficeKW Silicon City
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Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

WELL MAINTAINED Santa Clara 4PLEX with GREAT UNIT MIX provides the savvy or first time investor with TREMENDOUS UPSIDE POTENTIAL. Or, If you are a buyer who cant afford the outrageous prices of a single family residence in the Bay Area, live in one unit and offset your 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/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%)

  • Property Details
      • Utility FeaturesNaturalGasAvailable
      • FoundationConcretePerimeter
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountySanta Clara
      • Original List Price$2,050,000
      • MLS #ML82001177
      • Property SubtypeQuadruplex
      • MLS #ML82001177
      • Taxes Annual$11,468
      • Cost2050000
      • Acres0.1818
      • Utility SourcePublic
      • School DistrictOther
      • Square Feet4388
      • Year Built1963
      • Stories2

Location

Ann TrussellReal Estate Group
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