1610 Santa Clara St , Santa Clara

95050

PROPERTY SUMMARY

Price: $2,575,000

GRM: 16.6

6-Unit Multifamily

Cap Rate: 4.64%

Building: 3,850 SF 

Occupancy: 100%

INVESTMENT HIGHLIGHTS

 

Secure Income Streams

Extremely high demand and ideal unit mix 

with 100% occupancy and very low vacancies


Limited Responsibilities and Expenses

Professionally managed and very well maintained, 

with major infrastructure and systems replaced in
2014 with permits, leading to minimal expenses.


Ideally Located

Located in the heart of Silicon Valley:
Santa Clara University – 4 minutes drive
Nvidia HQ – 7 minutes drive
San Jose Airport – 9 minutes drive
Downtown San Jose – 12 minutes


Investment Upside

Experience improving returns. Rents are currently
~16% below market. Demand for 1 bedroom and 2
bedroom units in Santa Clara continue to soar as
Nvidia and other technology companies invest in
Santa Clara.


Highly Affluent Submarket

Avg household income within 1 mile: $147,253
Avg household income within 2 miles: $154,507
Avg household income within 3 miles: $157,100

Nearby Attractions

Floor Plan

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