3451 Princeton Way, Santa Clara, CA 95051

$2,895,000
4,068
SqFt

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List Price
$2,895,000
Status
ACTIVE
MLS#
ML82060449
Year Built
1964
Living Sq. Ft
4,068
Lot Size
8,850
Acres
0.20
Days on Market
1
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

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.

Additional Information

Taxes
$34,413
Heat
Electric
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Fiberglass, Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$167,280

Listing courtesy of Listing Agent: David Katz (david@magnifyequity.com) from Listing Office: Magnify Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.