3451 Princeton Way - Multi-Family FOR SALE


Santa Clara, CA 95051- Outer Santa Clara
$2,895,000 USD
408-438-0585
3451 Princeton Way, Santa Clara, CA for Sale
$2,895,000 USD
Multi-Family - FOR SALE
1/25
null | Request Cap Rate

3451 Princeton Way
Santa Clara, CA 95051
Outer Santa Clara


HIGHLIGHTS

  • Exceptional Single-Story Unit Mix: (2) 3BD/2BA and (2) 2BD/1BA with in-unit washers/dryers, garages, A/C, and private yards
  • Premium Silicon Valley Location: ~1 mile from Apple Headquarters and walking distance to Kaiser Permanente Medical Center
  • Rare Pride of Ownership Asset: Two duplexes totaling 4,068 SF on a large 0.20-acre lot with separate addresses and private entrances
  • $13,940/Month in Current Rental Income: Established income stream with additional upside

OVERVIEW

Open House: Sunday, September 13th | 2:00 PM-4:00 PM Magnify is pleased to present 3451-3453 Princeton Way and 3452-3454 Homestead Road in Santa Clara. This rare asset consists of two single-story duplexes totaling 4,068 building square feet on a large 0.20-acre lot, with separate addresses and private entrances for each unit. Constructed in 1964, the property features an outstanding unit mix of (2) 3BD/2BA and (2) 2BD/1BA units, generating nearly $14,000 in monthly rental income with further upside. The units have been beautifully updated and feature in-unit washers/dryers, garages, private yards, dishwashers, microwaves, fireplaces, and formal dining areas. Recent capital improvements include quartz countertops, updated cabinetry, flooring, stainless steel appliances, hardscaped patios, and more. This is an exceptional opportunity for an owner-user or investor to acquire a premium four-unit property in one of Silicon Valley's most desirable neighborhoods, where nearby homes and duplexes routinely command values exceeding $2M. The property is ideally located approximately 1 mile from Apple Headquarters and within walking distance of Kaiser Permanente Santa Clara Medical Center, while offering convenient access to major employers, shopping, dining, and other Silicon Valley amenities.

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$712 USD /SF

# OF UNITS

4

PRICE/UNIT

$723,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3451 Princeton Way, Santa Clara

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,850 SF

ZONING

R2

APN/PARCEL ID

293-03-004

ASK ABOUT THIS PROPERTY

David KatzMagnify EquityMore Info
408-438-0585

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David KatzMagnify EquityMore Info
408-438-0585

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