2104 Royal Dr - Apartments FOR SALE


Santa Clara, CA 95050- Outer Santa Clara
$5,998,000 USD
408-438-0969
2104 Royal Dr, Santa Clara, CA for Sale
$5,998,000 USD
Apartments - FOR SALE
1/28
null | 5.55% Cap Rate

2104 Royal Dr
Santa Clara, CA 95050
Outer Santa Clara


HIGHLIGHTS

  • Excellent Investment on a value-add multifamily property in the heart of Silicon Valley
  • Great unit mix: 1 3BD/1BA, 4 2BD/1BA, and 12 1BD/1BA
  • Features 50-year composition shingle roof, luxury vinyl tile flooring, dual-pane windows, and more
  • Prime location near Santa Clara University, NVIDIA, Applied Materials and Intel
  • Easy access to US-101, I-880, and San Jose International Airport

OVERVIEW

2104 Royal Dr presents a compelling multifamily investment opportunity in the heart of Silicon Valley. Built in 1959, this well-maintained 17-unit property spans 11,186 square feet on a generous 19,166 sq ft lot. The unit mix—12 one-bedroom/one-bath, 4 two-bedroom/one-bath, and 1 three-bedroom/two-bath—caters to a diverse tenant base, from young professionals to small families. The property features a new 50-year composition shingle roof, 17 covered carports, luxury vinyl tile flooring, dual-pane windows, and gas wall furnaces. Residents enjoy stainless steel or white appliances, access to a shared laundry room with two washers and dryers, and a welcoming interior courtyard. With strong in-place fundamentals and value-add potential, this asset is ideally positioned for investors seeking long-term growth and stable returns in a high-demand rental market. Strategically located in Santa Clara, the property is less than a 10-minute drive to major tech employers including NVIDIA, Intel, and Applied Materials. Residents benefit from proximity to premier lifestyle destinations such as Santana Row, Westfield Valley Fair, Levi’s Stadium, and Santa Clara University. Easy access to US-101, I-880, and San Jose International Airport enhances connectivity across the Bay Area. With its prime location, solid unit mix, and proximity to world-class employers and amenities, 2104 Royal Dr is a standout asset in one of the most resilient and innovation-driven markets in the country.

FOR SALE DETAILS

PRICE

$5,998,000 USD

PRICE/SF

$428 USD /SF

# OF UNITS

17

PRICE/UNIT

$352,824

CAP RATE

5.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Palms

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

R325

APN/PARCEL ID

224-18-060

ASK ABOUT THIS PROPERTY

Eric KatzMagnifyMore Info
408-438-0969

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Eric KatzMagnifyMore Info
408-438-0969

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