Listing Courtesy Of:
Marcus & Millichap, 650-269-6453, Michael Henshaw
Local Realty Services Provided By:
KW Santa Clara Valley
Overview
What It'll Cost
Neighborhood
Similar Homes
$2,700,000
930 Clyde Avenue, Santa Clara, CA 95054
5,060
sq ft
.18
ac
Log In to Reveal Price
$2,700,000
930 Clyde Avenue, Santa Clara, CA 95054
Estimation provided by Keller Williams Realty Inc.
5,060
sq ft
.18
ac
Active
For Sale
Property Description
Rare opportunity to purchase a Santa Clara 4 plex with Large Townhouse style units- Average unit size is 1265 square feet- Unit mix is Two (2) Three Bedroom/Two Bath Townhouses and Two ( 2) Four Bedroom/Two Bath units. The price per square foot is $573 which is significantly below the price per square of recent sales- $692. The price per unit is 25% below current replacement cost. 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 - The apartment rental market is getting ready to surge .
Assessed Value is a combination of the land and additions.
2023
$1,519
(+1.3%)
$115,856
Land 28,735 +
Additions 89,437
2021
$1,499
(+1.92%)
$113,585
Land 27,620 +
Additions 85,965
2020
$1,471
(-0.05%)
$111,359
Land 27,079 +
Additions 84,280
2019
$1,472
(+6.3%)
$110,218
Land 26,802 +
Additions 83,416
2018
$1,385
(-1.9%)
$108,058
Land 26,277 +
Additions 81,781
2016
$1,411
$103,863
Land 25,257 +
Additions 78,606
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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