2256 Deborah Drive, Santa Clara, CA 95050
- $1,995,000
- 3,008
- SqFt
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- ML82062098
- Year Built
- 1962
- Living Sq. Ft
- 3,008
- Lot Size
- 6,600
- Acres
- 0.15
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Fully Occupied 4-Unit Multifamily Investment in the Heart of Silicon Valley! This well-maintained 3,008 SF property sits on a 0.15-acre lot in Santa Clara and is comprised entirely of spacious 2-bedroom, 1-bath units averaging 752 SF each a rare, uniform unit mix that simplifies management and appeals to a consistent renter pool. 100% occupied with in-place rents running roughly 9% below market, the asset offers investors stable current income (4.01% cap) plus clear upside through future rental optimization (4.57% pro forma cap). Individually metered electric and gas, attached garage parking for each unit, and a prime location near major employment centers, top-performing school districts, and regional transit corridors make this an attractive hold in one of the Bay Area's most supply-constrained rental markets. Priced at $1,995,000 ($498,750/unit, $663/SF). A rare opportunity to own a fully leased, turnkey asset in the heart of Silicon Valley.
Additional Information
- Taxes
- $23,771
- Cooling
- Yes
- Cooling Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $127,404
Listing courtesy of Listing Agent: Eymon Binesh (ebinesh@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.