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$2,395,000
Est. payment /mo
6,599 Sqft Lot
UPDATED:
12/05/2024 03:39 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81986375
HOA Y/N No
Year Built 1960
Annual Tax Amount $27,713
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 699 - Not Defined
Zoning R325
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 6
Roof Type Shingle
Total Parking Spaces 6
Building
Water Public
Schools
Elementary Schools Westwood
Middle Schools Buchser
High Schools Santa Clara
School District Other
Others
Tax ID 26957009
Special Listing Condition Standard
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Listed by Jimmy Castellanos • Marcus & Millichap