450 California Street presents a unique opportunity to acquire an 8-unit multifamily property in the thriving city of Santa Clara. Built in 1959 and extensively renovated in 2016, the property offers 5,838 square feet of building space on a 7,900 square foot lot. The recent renovations enhance the appeal of the asset, providing modernized interiors and updated building systems that reduce maintenance costs and attract quality tenants. With a manageable unit count and strong in-place fundamentals, this asset is ideal for investors seeking stable cash flow and long-term appreciation in Silicon Valley.
Strategically located in the heart of Santa Clara, the property is within a 10-minute drive of key lifestyle and employment hubs including Santa Clara University, Westfield Valley Fair, Santana Row, and Levi’s Stadium. It also benefits from proximity to major tech employers such as Intel, Nvidia, Oracle, and the Apple Park campus. The area is well-connected by Caltrain, VTA light rail, and major highways, offering residents convenient access to the broader Bay Area.