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In-PersonVirtual Tour
$ 3,600,000
Est. payment | /mo
3 Beds
2 Baths
7,843 SqFt
$ 3,600,000
Est. payment | /mo
3 Beds
2 Baths
7,843 SqFt
Open House
Wed Apr 08, 11:30am - 1:00pm
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,843 sqft
Price per Sqft $459
Lot Size 0.337 Acres
MLS Listing ID ML82040017
Bedrooms 3
Full Baths 2
Property Description
2497 Anna Dr is a 10-unit apartment community in the highly sought after Silicon Valley suburb of Santa Clara, CA. The Property was built in 1958 and features a unit mix of (8) eight 1 Bed, 1 Bath and (2) two 2 Bed, 1 Bath units comprising of approximately 7,850 square feet. Additionally, the property is situated on a large lot totaling 0.34 acres. 50% of the units are currently eligible for a rent increase giving the buyer immediate upside on Day 1. In addition, current rents are approximately 17% below market rents in Santa Clara, leaving room for more upside in the future as rents continue to rise in Silicon Valley.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R325
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
1-purchase type For Sale
Exterior
Garage Assigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Shingle
Building
Foundation Crawl Space
Sewer Sewer - Public
Water Other
Others
Restrictions None
Tax ID 290-08-150
Security Features None
Special Sale Not Applicable
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Listed by Jefrey Henderson of Jefrey Henderson, Broker
Bought with Jefrey Henderson of Jefrey Henderson, Broker
Bought with Jefrey Henderson of Jefrey Henderson, Broker
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Robert Lucido
Advisor | yjnn 4444789