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456 N Winchester Boulevard, Santa Clara, CA

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456 N Winchester Boulevard

Santa Clara, CA 95050 - Outer Santa Clara MF Submarket

Property Type:Multi-Family Number of Units:7 Status:Existing Year Built:1958
Stories:2 Building Size:6,783 SF Land Area:.16 AC (6,970 SF)
For Sale Price:$2,550,000 Price/Unit:$364,285.71 Cap Rate:4.83 % GRM:-

Portfolio:This property is for sale (for $5,000,000) as part of a portfolio of 2 properties.
Parking:1.03 Parking Spaces / 1,000 SF

Sale Notes:
The subject property was built in 1958, and includes a desirable unit mix of (5) one-bedroom/one-bath units and (2) two-bedroom/one-bath units with garages. The asset is well-maintained and benefits from significant capital improvements, including renovated interiors with remodeled kitchens , bathrooms, and new double pane windows, base boards, crown molding, ceiling fans, appliances, water heaters, and more. The electrical systems have been upgraded with new panels, GFI, and grounding. The plumbing systems have been replaced with copper plumbing from the sidewalk to the master valve, PEX plumbing in the horizontal and vertical water lines, and copper plumbing in all exposed exterior areas connected to fixtures. The building has a new composition shingle roof. All new individual water heaters. New exterior and interior paint. The building features 4,154 square feet of living space on a 7,020 square foot lot. The property is conveniently located in the heart of Silicon Valley, with easy access to Homestead Road, Saratoga Avenue, and Highways 280, 880, and El Camino Real.

Colliers International
Eric Katz
(408) 282-3833

David Katz
(408) 282-3800

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