Quadplex with Flexible Unit
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 Market514
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
(408) 460-4272
Listed By:
Mattie Baker
(408) 460-4272
Source:
Exprealty
Added: Apr 5, 2025
Changed: Aug 30
Last Checked: Aug 30 at 5:23AM
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
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$93,574
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $93,574 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.38M
NOI $82,988 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$2.65M
$2.32M – $3.09M
NOI $185,437 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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
