2070 Sahara Way - Apartments FOR SALE


Santa Clara, CA 95050- Outer Santa Clara
$2,290,000 USD
408-483-5040
2070 Sahara Way, Santa Clara, CA for Sale
$2,290,000 USD
Apartments - FOR SALE
1/15
null | 4.81% Cap Rate

2070 Sahara Way
Santa Clara, CA 95050
Outer Santa Clara


HIGHLIGHTS

  • Proximity to NVIDIA: Minutes from NVIDIA HQ and other major Silicon Valley employers.
  • Recent Renovations: Two units fully renovated, all five sub-panels upgraded, new paint and fencing.
  • No Rent Control: Santa Clara allows for more flexible market rent adjustments with no city-level restrictions.
  • Desirable Unit Mix: Includes a spacious 3-Bed/2-Bath owner’s unit plus four additional rental units.

OVERVIEW

Contact for OM: jcastellanos@marcusmillichap.com Jimmy Castellanos is pleased to present 2070 Sahara Way, a well-maintained and recently upgraded five-unit multifamily community located in the heart of Santa Clara, one of Silicon Valley’s most dynamic and rapidly growing cities. This asset presents a compelling investment opportunity, supported by the city’s strong employment base anchored by Fortune 500 companies such as Intel, Google, and the rapidly expanding NVIDIA, whose global headquarters is located just minutes from the property. With no city-level rent control in place, Santa Clara provides a landlord-friendly environment that enables investors to achieve market rents within a favorable economic timeline.

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$537 USD /SF

# OF UNITS

5

PRICE/UNIT

$458,000

CAP RATE

4.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,200 SF

ZONING

R325

APN/PARCEL ID

224-30-011

ASK ABOUT THIS PROPERTY

Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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