184 Roxbury St - Apartments FOR SALE


Santa Clara, CA 95050
$2,395,000 USD
650-391-1777
184 Roxbury St, Santa Clara, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/19
null | 4.05% Cap Rate

184 Roxbury St
Santa Clara, CA 95050


HIGHLIGHTS

  • Prime Location: Just 0.7 miles from Santa Clara University and close to major employers like NVIDIA, Intel, and Levi's Stadium.
  • Solid Investment: Listed at $2,395,000, or approximately $400,000 per unit, offering exceptional value compared to the $1.8M median home value in SC.
  • Diverse Unit Mix: Features four spacious one-bedroom units and two two-bedroom units, catering to a variety of tenant needs.

OVERVIEW

Jimmy Castellanos is pleased to present 184 Roxbury Street in Santa Clara, CA. This investment presents a unique opportunity to capitalize on one of Silicon Valley's most desirable cities. This charming six-unit multifamily community, built in 1960, offers 4,484 square feet of rentable space and is situated on a 6,600 square foot lot. The property consists of four spacious one-bedroom and two two-bedroom units, providing a variety of living options for residents. Located just 0.7 miles from Santa Clara University, 184 Roxbury Street is positioned in the heart of Silicon Valley, surrounded by major tech companies and thriving institutions. The proximity to industry giants such as NVIDIA, Intel, Intuit Surgical, and the San Francisco 49ers, enhances the appeal of this property to potential renters. As of October 2024, the average median home price in Santa Clara is $1.8 million, underscoring the significant value proposition this multifamily property represents. At a listing price of $2,395,000—roughly $400,000 per unit—184 Roxbury Street offers a compelling investment opportunity, well below the cost of single-family homes in the area.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$534 USD /SF

# OF UNITS

6

PRICE/UNIT

$399,167

CAP RATE

4.05%

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R325

APN/PARCEL ID

269-57-009

ASK ABOUT THIS PROPERTY

Jimmy CastellanosMarcus & MillichapMore Info
650-391-1777

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Jimmy CastellanosMarcus & MillichapMore Info
650-391-1777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.