Under Contract

Contingent

3280 Cabrillo AVE

SANTA CLARA CA, 95051

$2,525,000


$640.86 per sqft

Under Contract

Contingent

3,940 sqft

Multi-family

Built in 1977

Listed by Magnify Real Estate, Kyle De Mattei, Eric Katz Listing Contact: 4083343226

Magnify is pleased to exclusively present the opportunity to acquire 3280 Cabrillo Ave, a premium five (5) unit property with strong in-place rents and spacious units. Strategically located in Santa Clara, this property offers a compelling investment opportunity in a highly desirable rental market at the border of Sunnyvale. Constructed in 1977, this turnkey investment consists of (1) two-bedroom/one-and-half-bathroom townhome and (4) two-bedroom/one-bathroom units, offering a total building square footage of 3,940 on a 7,840 square foot lot. The building underwent key recent capital improvements including a new roof, freshly painted exterior, and remodeled units. It boasts beautiful architecture and pristine landscaping which reinforces its overall curb appeal. The property is close to top Silicon Valley tech employers, including Apple and NVIDIA, which further enhances its appreciation potential. It is also just a ten minute drive from Santa Clara University, Santa Clara High School, 49ers Levi's Stadium, and Paramount's Great America. Finally, it features easy access to San Tomas Expressway, El Camino Real, and Lawrence Expressway.

ML81963429

MLS ID

April 29, 2024

Listed

June 1, 2024

Updated

Map

3280 Cabrillo AVE
SANTA CLARA CA, 95051

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.18 Acres


Sewer

Public Sewer

School Information

School District

483

Other Property Details

Area Name

Santa Clara


Garage

No


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

R3


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/31/2024

Under Contract

Listed by Magnify Real Estate, Kyle De Mattei, Eric Katz
Listing Contact: 4083343226 

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Data last updated 12:09 AM UTC, 6/1/2024

 

 

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