2256 Deborah Drive, Santa Clara, CA 95050

$1,995,000
3,008
SqFt

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List Price
$1,995,000
Days on Market
20
MLS#
ML82062098
Living Sq. Ft
3,008
Lot Size
6,600
Type
Multifamily
Zip
95050
city
Santa Clara

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

Building Type
Quadruplex
School District
Santa Clara Unified
High School
Santa Clara Unified
Elementary School
Santa Clara Unified
Neighborhood
Ca
Heating
Natural Gas
Cooling
No Air Conditioning
Year Built
1962
Water Sewer
Public
Acres
0.15
Roof
Rolled/Hot Mop

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Calculator source: Real Geeks

Listing courtesy of Eymon Binesh from Marcus & Millichap. 650-546-1030

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