CA
Santa Clara
SANTA CLARA
95054
930 Clyde Avenue
930 Clyde Avenue, SANTA CLARA, CA 95054
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Listing Type
Multi Family
Listing Status
active
6
$2,500,000

Home Details for 930 Clyde Avenue

Price
$2,500,000
Type
Residential Income
Bedrooms
3
Bathrooms
0.0
Square feet
5060
Year built
1963
Lot size acres
0.1818
County
Santa Clara
Garage
Days on site
308
MLS Listing#
ML81987135
Listed By: Marcus & Millichap - 650-391-1700
Presented by: Michael Henshaw
Property Description

Rare opportunity to purchase a Santa Clara 4 plex with Large Townhouse style units- Average unit size is 1265 square feet- Unit mix is Two (2) Three Bedroom/Two Bath Townhouses and Two ( 2) Four Bedroom/Two Bath units. The price per square foot is $573 which is significantly below the price per square of recent sales- $692. The price per unit is 25% below current replacement cost. The property has upgraded interiors , central AC and forced air heating. The windows have been upgraded. The property benefits from mature landscaping and has excellent curb appeal. The property is located in the center of Silicon Valley - Major employments hubs, transportation and national retailers are all minutes away. The City of Santa Clara does not have rent control but the property is governed by AB 1482- Under 1482, a new owner would be allowed to raise rents 5% plus CPI per year. The City of Santa Clara has their own utility company . The City of Santa Clara allows a landlord to recapture RUBS. The pipeline for new market rate MF housing is almost zero due to high construction costs. The demand for apartments is increasing - The apartment rental market is getting ready to surge .

Property Features
  • Parking
    • Carport
    • On Street
    • Other
  • Cooling Information
    • Central Air
    • Other
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • House Interior
    • Walk-In Closet(s)
  • Utilities
    • Public Utilities
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-09-01 01:30:43
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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