2351 Sutter Avenue, Santa Clara, CA 95050

$2,388,000
4,280
SqFt

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List Price
$2,388,000
Status
ACTIVE
MLS#
ML82054306
Year Built
1962
Property Type
Other
Living Area
4,280
Lot Size
7,787
Acres
0.18
County
Santa Clara
Subdivision
Ca

Property Description

6-unit off of Saratoga Avenue. Pleased to present 2351 Sutter Ave, a 6-unit apartment community located in the highly desirable City of Santa Clara, one of Silicon Valley's strongest rental markets. Constructed in 1962, the property consists of approximately 4,280 square feet of rentable space situated on a 7,787-square-foot parcel. The unit mix of three one-bedroom/one-bathroom units and three two-bedroom/one-bathroom units appeals to a broad tenant base while providing investors with stable in-place income and long-term growth potential. With minimal new apartment construction, strong office leasing activity in the surrounding area, and a high barrier to entry for single-family homeownership, 2351 Sutter Ave is well positioned to continue benefiting from long-term appreciation and meaningful rental growth.

Additional Information

Parking Features
Covered, Assigned
Roof
Composition Shingles
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Jimmy Castellanos from Marcus & Millichap. 408-483-5040

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