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    2070 3Rd St Santa Clara, CA 95054

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    For Sale
    $2,788,000

    Well-maintained 10-unit property near tech employers and future development.

    Property size:
    4,632 SF

    Property Features for 2070 3Rd St

    General Information

    Standard status
    Active
    Size
    4,632 SF

    Building Details

    Year built
    1957

    Source: MAGNIFY REAL ESTATE Agent WILL THARP

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Clara Multifamily Investment Opportunity

    This well-maintained multifamily property features ten 1-bedroom, 1-bathroom units, totaling 4,632 square feet of rentable space on a 12,500 square foot lot. The property is located in the heart of Silicon Valley and offers a low-density layout with potential for future development. Each unit includes air conditioning, forced-air heating, dual pane windows, and a separate water heater. On-site laundry facilities are available. A new roof has been installed. The property is located near major tech employers such as Intel, Nvidia, and Oracle, as well as Levi's Stadium. It is also a few blocks from Related Santa Clara, a planned 240-acre mixed-use real estate development. The location provides convenient access to highways (101, 880, 237), public transportation, retail, and dining.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Food Market Grocery Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clara
    County
    Santa Clara
    State
    California
    Longitude
    -121.9613475
    Latitude
    37.3971258

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 10-unit property near tech employers and future development.
    Where is this apartment building located?
    The property is located at 2070 3Rd St Santa Clara, CA.
    What is the asking price?
    The asking price for this property is $2,788,000.
    What are key features of this property?
    This property features: - Prime Silicon Valley location near major tech employers and Related Santa Clara mega-development.; - Strong cash flow with a **6.59% cap rate** and potential for increased rents.; - Well-maintained 10-unit multifamily property with a new roof.
    (877) 776-7718
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    2070 3Rd St Santa Clara, CA 95054
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    Santa Clara, CA 95054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2070 3Rd St Santa Clara, CA 95054
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