2256 Deborah DR, Santa Clara, CA 95050

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

List Price
$1,995,000
Status
ACTIVE
MLS#
ML82062098
Subtype
mul
Year Built
1962
Living Area
3,008
Lot Size
6,600
Neighborhood
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

Zoning
R325
Roof
Rolled Composition
Foundation
Concrete Perimeter

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Calculator source: Real Geeks

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