Santa Clara, CA 95050,2070 Sahara WAY
Santa Clara, CA 95050,2070 Sahara WAY
Santa Clara, CA 95050,2070 Sahara WAY
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$2,290,000
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7,200 Sqft Lot
Active

2070 Sahara WAY Santa Clara, CA 95050

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82003482

HOA Y/N No

Year Built 1960

Annual Tax Amount $26,498

Lot Size 7,200 Sqft

Property Description

Strong in-place cap rate of 4.81% - $13,500 of gross monthly income! Marcus & Millichap 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 Valleys 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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R325

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 4

Roof Type Composition

Total Parking Spaces 5

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Buchser

High Schools Santa Clara

School District Other

Others

Tax ID 22430011

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Jimmy Castellanos • Marcus & Millichap

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2070 Sahara WAY