2062 Main St, Santa Clara, CA

Others for Sale - $2,995,000 - 4,210 Sq. Ft. on 0.22 acres


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Agent Info

NameDima Khoury
CompanyBurlingame

Property Info

CIMLS #1025721
Location2062 Main St
Santa Clara CA 95050
Last UpdatedOctober 31st, 2018
TypeOthers
Price$2,995,000
Building4,210 Sq. Ft.
Land0.22 acres
DemographicsView data

Contact


Property Description

A RARE OPPORTUNITY! No rent control, with an upside potential and a 3.94% Cap Rate. With Santa Clara continuously growing and appreciating.. This kind of a property is rarely available for sale! 2062 Main Street is strategically positioned in Santa Clara City, which is the center of Silicon Valley and is home to the headquarters of several high-tech companies. The subject property has a great location, 4-minute walk to Santa Clara University (the oldest institution of higher learning in the state of California) and 10-minute drive to San Jose International Airport. Main Street property is a six-unit apartment building, situated on 9,541 square foot lot (per county assessor) with approximately 4,210 square foot of building area (per county assessor). It has a great unit mix, consisting of two spacious two-bedroom/one-bath units and four one-bedroom/one-bath units. The property interior has gone under significant renovation in the last 6 months, as well as the exterior..


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