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Quadplex with Flexible Unit Mix
For Sale
$1,998,000

1090 Clyde Ave, Santa Clara, CA 95054

Four-unit property with varied floor plans, updated interiors, private outdoor areas, parking, and storage amenities.

Property Size4,388 SF
Lot Size0.18 Acres
Price / SF$455.33
Days on Market562

Property Features for 1090 Clyde Ave

General Information

Standard status Active
Size 4,388 SF
Total Parking Spaces 7
Lot size 0.18 Acres
Property subtype Residential Income

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $11,468

Amenities

coin operated laundry room
private balcony or patio
double paned windows
central heat/AC
updated kitchens
updated bathrooms
updated flooring
storage unit

Building Details

Buildings 1
Listing Agency: KW Silicon City
Listed By: Mattie Baker
Source: Exprealty
Added: Apr 4, 2025 Changed: Oct 16 Last Checked: Oct 16 at 3:20PM

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 KW Silicon City

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Investment Insights

Based on property information with market context.

This Santa Clara quadplex contains 4,388 square feet of living space on a 7,920-square-foot lot. The configuration includes two 3-bedroom, 2-bath units and two 2-bedroom, 1-bath units, with each apartment offering a private balcony or patio. Two apartments were recently renovated and are vacant. Most units feature updated kitchens, bathrooms, and flooring, while double-pane windows are installed throughout. Central heat and air conditioning serves units 1, 2, and 3.

Property improvements include a coin-operated laundry room, a 10' x 12' storage unit, four additional storage units, and a rebuilt carport with four parking spaces. Three additional parking spaces are located along the side of the building. Electricity and gas are individually metered for each unit. The property is at 1090 Clyde Ave in Santa Clara, near Rivermark, shopping, restaurants, commuter routes, and major freeways.

Key Highlights

  • 4,388 square feet of living space on a 7,920‑square‑foot lot
  • Unit mix includes (2) 3 bed/2 bath apartments and (2) 2 bed/1 bath apartments
  • Two recently renovated units are vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$93,574
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,871,480 $1.9M
Cap Rate 7%
$1,336,771 $1.3M
Cap Rate 9%
$1,039,711 $1.0M
Market Conditions
NOI Build-Up for 4,388 SF
Gross rent
$139.5K $31.80/SF
− Vacancy
−$5.9K −$1.34/SF
EGI
$133.7K $30.46/SF
− OpEx
−$40.1K −$9.14/SF
NOI
$93.6K $21.33/SF
Area
Santa Clara, CA
Vacancy
4.20%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,871,480
Cap Rate 7%
$1,336,771
Cap Rate 9%
$1,039,711

Alternative Uses

Best Use
Multifamily LT 5
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,574 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $82,988 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$2.65M
$2.32M – $3.09M (±1% cap)
NOI $185,437 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Nail Salon Hair Salon (Bike/Boat/Book/etc) Store Barber Shop Skin Care Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,304
Businesses Nearby

Demographics for 95054, CA

25,024
Population
10,001
Households
2.5
Avg Household Size
34
Median Age
68%
College-Educated
94%
High-School Grad
6.4 sq mi
ZIP Area
3,910
Density / Sq Mi
$204,052
Median Household Income
$113,956
Median Earnings
$3,413
Median Rent
$1,475,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with varied floor plans, updated interiors, private outdoor areas, parking, and storage amenities.
Where is this quadplex located?
The property is located at 1090 Clyde Ave Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: 4,388 square feet of living space on a 7,920‑square‑foot lot; Unit mix includes (2) 3 bed/2 bath apartments and (2) 2 bed/1 bath apartments; Two recently renovated units are vacant
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