Rare opportunity to purchase a Santa Clara 4 plex with Large Townhouse style units- Average unit size is 1265 square feet- Unit mix is Two (2) Three Bedroom/Two Bath Townhouses and Two ( 2) Four Bedroom/Two Bath units. The price per square foot is $573 which is significantly below the price per square of recent comparables sales- $692. The price per unit is 25% below current replacement cost. The property has upgraded interiors , central AC and forced air heating. The windows have been upgraded. The property benefits from mature landscaping and has excellent curb appeal. The property is located in the center of Silicon Valley - Major employments hubs, transportation and national retailers are all minutes away. The CIty of Santa Clara does not have rent control but the property is governed by AB 1482- Under 1482, a new owner would be allowed to raise rents 5% plus CPI per year. The City of Santa Clara has their own utility company - Historically, the utility expenses have been lower than neighboring cities. The City of Santa Clara allows a landlord to recapture RUBS. The pipeline for new market rate MF housing is almost zero due to high construction costs. The demand for apartments is increasing - The apartment rental market is getting ready to surge . Buy now!
Property Details
Property Features
Property Information:
Year Built: 1963
Stories: 2
Living Area: 5,060 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (650) 391-1700
Listing Agent: Michael Henshaw
Interior Features
Interior Information:
Appliances: Electric Cooktop, Electric Oven, Disposal, Refrigerator, Vented Exhaust Fan
Flooring Type: Carpet, Tile, Wood
Exterior Features
Parking Information:
Parking: Covered, Uncovered
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $2,900,000
Price Per SqFt: $573/SqFt
Tax Information:
Annual Amount: $1,471
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Clara, CA.
This property is $1.3M more than the Median Sold Price and $448/SqFt less than other homes in Santa Clara, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81960387
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (650) 391-1700
Listing Agent: Michael Henshaw
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 3:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,471
$111,359
2020
$1,470
$110,218
2019
$1,384
$108,058
2018
$1,385
$105,940
2017
$1,377
$103,863
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Montague Elementary School
750 Laurie Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-5
6
/10
Kathryn Hughes Elementary School
4949 Calle De Escuela
Distance between this listing and this school1.27 miles
Public District Grades KG-5
5
/10
Bracher Elementary School
2700 Chromite Dr
Distance between this listing and this school2.11 miles
Public District Grades KG-5
Nearby Schools
6
/10
Don Callejon
4176 Lick Mill Blvd
Distance between this listing and this school0.60 miles
Public District Grades KG-8
6
/10
Juan Cabrillo Middle School
2550 Cabrillo Ave
Distance between this listing and this school2.50 miles
Public District Grades 6-8
5
/10
Orchard Elementary School
921 Fox Ln
Distance between this listing and this school2.65 miles
Public District Grades KG-8
Nearby Schools
8
/10
Summit Public School: Denali
495 Mercury Dr
Distance between this listing and this school2.34 miles
Public Charter Grades 6-12
8
/10
Adrian Wilcox High School
3250 Monroe St
Distance between this listing and this school2.59 miles
Public District Grades 9-12
7
/10
Santa Clara High School
3000 Benton St
Distance between this listing and this school3.54 miles
The neighbors living near this home have an average income of $71,548. Residents of Santa Clara, CA typically earn between $35k-100k each year. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 930 Clyde Ave in Santa Clara, CA and zip code 95054 in the Bonnie Brae Addition neighborhood. This 5,060 square foot home, which was built in 1963, sits on a 0.18 acre lot. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $2,900,000.
Over 41 listings were sold over their listed price in March 2024 in Santa Clara, CA. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Santa Clara, CA increased by 33.9% between February 2024 and March 2024. In March 2024, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $1,562,428.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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