Bought with Jimmy Castellanos • M&MKW
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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,264 sqft
Price per Sqft $398
MLS Listing ID ML81897355
Sold Date 09/09/22
Bedrooms 6
Full Baths 4
Year Built 1960
Lot Size 6,912 Sqft
Property Sub-Type Five or More Units
Source MLSListings, Inc.
Property Description
2070 Sahara Way is an outstanding five-unit apartment complex situated in the highly desirable and rapidly growing city of Santa Clara. This asset is a desirable opportunity because Santa Claras robust employment market comprised of several fortune 500 companies resulting in a strong and consistent demand for housing. Moreover, the city of Santa Clara has no current city rent control ordinance in-place, allowing for investors to reach market rate rents in an appropriate economic timeline. This apartment complex is located between San Tomas Expressway and El Camino Real which are convenient thoroughfares providing access to critical retail, employment, education, and entertainment institutions in the South Bay Area.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R325
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Covered Parking, On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Tax ID 224-30-011
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033