5% Cap Apartment Complex in Prime Santa Clara! 1350 Warburton Avenue is an exceptionally well maintained eight-unit apartment complex featuring a desirable unit mix of 2-bedroom and 1-bedroom units. With four fully renovated units, the property is ideally located just minutes from major tech employers including NVIDIA, Apple, Intel, and… Read More Applied Materials, as well as Santa Clara University. Offered at $2,800,000, the property delivers a strong 5.02% current cap rate with additional upside. OFFER WILL BE REVIEWED AS THEY ARE RECEIVED - MARKETING PACKAGE AVAILABLE UPON REQUEST. Read Less
Courtesy of Marcus & Millichap, Mitchell Zurich 408-888-9594
Listing Snapshot
Days Online
12
Last Updated
Property Type
Five Or More Units
Square Ft.
4,756
Lot Size
0.2 Acres
Year Built
1958
MLS Number
ML82028375
30 Days Snapshot Of 95050
$1.62M
+2%
(avg) sold price
14
-6%
homes sold
39
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 8700.00, Max Area Units: Square Feet, Lot is 0.19972451790634 acres
Accessibility Features
None
Unit One
2 bedrooms
Unit Two
bedroom 1
Building
4,756 structure square feet, Age: 67, Built in 1958, 1 building, 8 minimum units in complex
Cooling
Other
Foundation
Concrete Perimeter and Slab
Garage
Covered Parking, Uncovered Parking
Water Features
Water On Site
Heating
Wall Furnace
Tenant Pays
Utilities - Electric
Miscellaneous
Total expenses: 59804
Parking
1 parking space
Property
Zoning: R336D
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $33,256
Sewer
Sewer Connected
Utilities
Master Gas, Other
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