1350 Warburton Ave - Apartments FOR SALE


Santa Clara, CA 95050- Outer Santa Clara
$2,800,000 USD
408-888-9594
1350 Warburton Ave, Santa Clara, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/10
null | 5.02% Cap Rate

1350 Warburton Ave
Santa Clara, CA 95050
Outer Santa Clara


HIGHLIGHTS

  • 8 Unit Apartment Complex: Mix of 2-bedroom & 1-bedroom units w/ four completely renovated units
  • Prime Santa Clara Location: Near major tech employers including NVIDIA, Intel, Applied Materials & Apple, plus transit, and Santa Clara University
  • Turn-Key Investment: Well-maintained, income-generating property

OVERVIEW

5% Cap Apartment Complex in Prime Santa Clara! 1350 Warburton Avenue is an exceptionally well maintained eight-unit apartment complex featuring a desirable unit mix of 2-bedroom and 1-bedroom units. With four fully renovated units, the property is ideally located just minutes from major tech employers including NVIDIA, Apple, Intel, and Applied Materials, as well as Santa Clara University. Offered at $2,800,000, the property delivers a strong 5.02% current cap rate with additional upside. OFFERS WILL BE REVIEWED AS THEY ARE RECEIVED - MARKETING PACKAGE AVAILABLE UPON REQUEST.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$589 USD /SF

# OF UNITS

8

PRICE/UNIT

$350,000

CAP RATE

5.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,249 SF

ZONING

R336

APN/PARCEL ID

224-25-005

ASK ABOUT THIS PROPERTY

Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.