Santa Clara Multifamily
For Sale
$2,295,000
2100 Sahara Way, Santa Clara, CA 95050
Multifamily property in desirable Santa Clara location near major employers.
Property Size3,848 SF
Price / SF$596.41
Days on Market192
Property Features for 2100 Sahara Way
General Information
Standard status
Active
Size
3,848 SF
Total Parking Spaces
2
Property subtype
5+ Units / Five or More Units
Taxes and HOA fees
Annual Taxes
$27,049
Amenities
2
Building Details
Year Built
1961
Buildings
1
Listing Agency:
Compass
(408) 772-8661
Listed By:
Tony Zizzo · License #01962093
(408) 772-8661
Source:
Compass
Added: Feb 21
Changed: Aug 31
Last Checked: Aug 30 at 11:53PM
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 Compass
Investment Insights
Based on property information with market context.
Located in Santa Clara, 2100 Sahara Way presents a multifamily investment opportunity. The two-story building contains five units, featuring a mix of one 3BD/2BA unit, two 2BD/1BA units, and two 1BD/1BA units. The property is situated in close proximity to major employers including Nvidia, Intel, Cisco, and ServiceNow, and is 1.6 miles from Santa Clara University. The property includes five parking spaces consisting of one garage, two tuck-under spaces, and two uncovered spaces. An on-site coin-operated laundry provides additional income. The 3BD/2BA unit offers an owner-user opportunity while generating income from the remaining units. The property has a total size of 3848 square feet.
Key Highlights
- Prime location in Santa Clara, Silicon Valley, near major employers and Santa Clara University.
- Strong multifamily investment with stable cash flow and long‑term appreciation potential.
- Owner‑user opportunity: 3BD/2BA unit ideal for occupancy while generating income from other units.
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
$72,775
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
3.17%
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%
$1,455,500
$1.5M
Cap Rate 7%
$1,039,643
$1.0M
Cap Rate 9%
$808,611
$808.6K
Market Conditions
NOI Build-Up for 3,848 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
$139.0K $36.12/SF
− Vacancy
−$6.7K −$1.73/SF
EGI
$132.3K $34.39/SF
− OpEx
−$59.5K −$15.47/SF
NOI
$72.8K $18.91/SF
Area
Santa Clara, CA
Vacancy
4.80%
Lease Rate
$36.12 /SF/Yr
Expense Ratio
45.00%
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%
$1,455,500
Cap Rate 7%
$1,039,643
Cap Rate 9%
$808,611
Alternative Uses
Best Use
Apartment 5plus
$1.04M
$909.7K – $1.21M
NOI $72,775 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,617 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,512
Businesses Nearby
Explore this area
Business Placement
Demographics for 95050, CA
39,031
Population
16,674
Households
2.3
Avg Household Size
35
Median Age
54%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
7,097
Density / Sq Mi
$130,051
Median Household Income
$73,578
Median Earnings
$2,522
Median Rent
$1,420,500
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?
Apartment building - Multifamily property in desirable Santa Clara location near major employers.
Where is this apartment building located?
The property is located at 2100 Sahara Way Santa Clara, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Prime location in Santa Clara, Silicon Valley, near major employers and Santa Clara University.; Strong multifamily investment with stable cash flow and long‑term appreciation potential.; Owner‑user opportunity: **3BD/2BA unit ideal for occupancy** while generating income from other units.
