Santa Clara Multifamily Investment
2070 Sahara Way Santa Clara, CA 95050
2070 Sahara Way, Santa Clara, CA, 95050
$2,290,000
For Sale
$2,290,000
Well-maintained, upgraded five-unit multifamily property in Santa Clara.
Property Size4,264 SF
Price / SF$537.05
Days on Market452
Property Features for 2070 Sahara Way
General Information
- Standard status
- Active
- Size
- 4,264 SF
Building Details
- Year Built
- 1960
Listing Agency
MARCUS & MILLICHAP
Listed by
JIMMY CASTELLANOS
Source
Corcoran
Added: Apr 22, 2025 Checked: Mar 16 at 9:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP
Investment Insights
Based on property information with market context.
Located in Santa Clara, this well-maintained and recently upgraded five-unit multifamily community presents an investment opportunity. The property benefits from its location in one of Silicon Valley's dynamic and rapidly growing cities, supported by a strong employment base anchored by Fortune 500 companies such as Intel, Google, and NVIDIA, whose global headquarters is located minutes from the property. The property has a strong in-place cap rate of 4.81% and generates $13,500 of gross monthly income. The property has a new electrical main panel and new sub-panels. The property size is 4,264 square feet. Santa Clara provides a landlord-friendly environment that enables investors to achieve market rents within a favorable economic timeline due to the absence of city-level rent control.
Key Highlights
- Strong in‑place cap rate of 4.81% and $13,500 gross monthly income.
- Located in Santa Clara, a rapidly growing Silicon Valley city with a strong employment base (Intel, Google, NVIDIA).
- No city‑level rent control, creating a landlord‑friendly environment.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.0k | $36.12 |
| − Vacancy | −$7.4k | −$1.73 |
| EGI | $146.6k | $34.39 |
| − OpEx | −$66.0k | −$15.47 |
| NOI | $80.6k | $18.91 |
4,264 SF · lease $36.12/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,643 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,197 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained, upgraded five-unit multifamily property in Santa Clara.
Where is this apartment building located?
The property is located at 2070 Sahara Way Santa Clara, CA.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Strong in‑place cap rate of 4.81% and $13,500 gross monthly income.; Located in Santa Clara, a rapidly growing Silicon Valley city with a strong employment base (Intel, Google, NVIDIA).; No city‑level rent control, creating a landlord‑friendly environment.
