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$ 3,488,000
Est. payment | /mo
7,901 Sqft Lot
$ 3,488,000
Est. payment | /mo
7,901 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82017166
HOA Y/N No
Year Built 1959
Annual Tax Amount $40,756
Lot Size 7,901 Sqft
Property Description
450 California Street presents a unique opportunity to acquire a rare asset with (8) 2 bedroom units in the thriving city of Santa Clara. Built in 1959 and extensively renovated in 2016, the property offers 5,838 square feet of building space on a 7,900 square foot lot. The recent renovations enhance the appeal of the asset, providing modernized interiors and updated building systems that reduce maintenance costs and attract quality tenants. With strong in-place fundamentals and further upside, this asset is ideal for investors seeking stable cash flow and long-term appreciation in Silicon Valley. Strategically located in the heart of Santa Clara, the property is within a 10-minute drive of key lifestyle and employment hubs including Santa Clara University, Westfield Valley Fair, Santana Row, and Levis Stadium. It also benefits from proximity to major tech employers such as Nvidia, Intel, Oracle, and the Apple Park campus. The area is well-connected by Caltrain, VTA light rail, and major highways, offering residents convenient access to the broader Bay Area.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R325
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Composition,Shingle
Total Parking Spaces 8
Building
Water Public
Schools
School District Other
Others
Tax ID 26939004
Special Listing Condition Standard
Listed by Eric Katz Magnify Real Estate
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