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$ 2,800,000
Est. payment | /mo
$ 2,800,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82028375
HOA Y/N No
Year Built 1958
Annual Tax Amount $33,256
Property Description
5% Cap Apartment Complex in Prime Santa Clara! 1350 Warburton Avenue is an exceptionally well maintained eight-unit apartment complex featuring a desirable unit mix of 2-bedroom and 1-bedroom units. With four fully renovated units, the property is ideally located just minutes from major tech employers including NVIDIA, Apple, Intel, and Applied Materials, as well as Santa Clara University. Offered at $2,800,000, the property delivers a strong 5.02% current cap rate with additional upside. OFFER WILL BE REVIEWED AS THEY ARE RECEIVED - MARKETING PACKAGE AVAILABLE UPON REQUEST.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R336D
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 7
Utilities Available Other
Roof Type Composition
Total Parking Spaces 1
Schools
School District Other
Others
Tax ID 22425005
Special Listing Condition Standard

Listed by Mitchell Zurich Marcus & Millichap

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