3588 Agate Dr - Apartments FOR SALE


Santa Clara, CA 95051- Outer Santa Clara
$2,800,000 USD
408-483-5040
3588 Agate Dr, Santa Clara, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/20
null | 4.72% Cap Rate

3588 Agate Dr
Santa Clara, CA 95051
Outer Santa Clara


HIGHLIGHTS

  • Desirable Unit Mix – All three-bedroom and two-bedroom townhome Style or single-level layouts.
  • Prime Location – Walking distance to Lawrence Caltrain Station, VTA bus stops, and minutes from major tech employers like Intel, AMD, and NVIDIA.
  • Large Lot Size – Situated on a spacious 14,000 square foot parcel with excellent curb appeal and potential for outdoor improvements.
  • Below Replacement Cost – Opportunity to acquire six quality units at a fraction of local single family home prices and well below current replacement.

OVERVIEW

Jimmy Castellanos is excited to present, 3588 Agate Drive, a rare six-unit multifamily opportunity offering investors an attractive, low-maintenance asset in one of Silicon Valley’s most supply-constrained and high-demand rental markets. The unit mix consists of one single-story three-bedroom, two-bath unit, four spacious two-bedroom, one-and-a-half-bath townhome-style units, and one two-bedroom, one-bath flat. This desirable configuration appeals to a broad tenant base, especially families and professionals seeking functional layouts with more privacy and space. According to county records, the property features approximately 6,335 rentable square feet and sits on a large 14,000 square foot lot.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$442 USD /SF

# OF UNITS

6

PRICE/UNIT

$466,667

CAP RATE

4.72%

% 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

1977

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

*R3

APN/PARCEL ID

216-26-038

ASK ABOUT THIS PROPERTY

Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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