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Four-Unit Multifamily Property

2256 Deborah Dr, Santa Clara, CA 95050

For Sale
$1,995,000

All four residences share a two-bedroom, one-bath layout, with individual electric and gas meters.

Property Size3,008 SF
Lot Size0.15 Acres
Price / SF$663.23
Days on Market50

Property Features for 2256 Deborah Dr

General Information

Standard status Active
Size 3,008 SF
Lot size 0.15 Acres
Property subtype Multifamily
Occupancy 100%

Financials

Asking Price $1,995,000
Cap Rate 4.01%

Site & Location

Neighborhood Newhall
Utilities to Site Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Parking per Unit 1

Amenities

100% occupied 4-unit multifamily asset — all spacious 2BD/1BA units averaging 752 SF, with attached garage parking for each unit.
Prime Santa Clara location near major tech employers, top-rated schools, and regional transit corridors — steady long-term rental demand.
0.15-acre R3-25 zoned lot in Santa Clara — long-term flexibility for an investor evaluating future redevelopment potential.

Building Details

Building Size 3,008 SF
Units 4
Listing Agency: Marcus & Millichap
Listed By: Eymon Binesh
Source: Marcusmillichap
Added: Sep 22 Changed: Nov 7 Last Checked: Nov 10 at 5:12AM

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

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Investment Insights

Based on property information with market context.

Built in 1962, this Santa Clara multifamily property contains four residences across 3,008 square feet. Each unit offers two bedrooms and one bathroom, averaging 752 square feet. The property occupies a 0.15-acre site, and each residence has an attached garage. Electric and gas are separately metered for each unit.

All four units are occupied. In-place rents are approximately 9% below market, with a 4.01% cap rate and a 4.57% pro forma cap rate reported. The property is located in Santa Clara, California.

Key Highlights

  • Four units, each with 2 bedrooms and 1 bathroom; average unit size is 752 SF
  • 3,008 SF multifamily property on a 0.15‑acre lot
  • Attached garage parking for every unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,146
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,920 $1.3M
Cap Rate 7%
$916,371 $916.4K
Cap Rate 9%
$712,733 $712.7K
Market Conditions
NOI Build-Up for 3,008 SF
Gross rent
$95.7K $31.80/SF
− Vacancy
−$4.0K −$1.34/SF
EGI
$91.6K $30.46/SF
− OpEx
−$27.5K −$9.14/SF
NOI
$64.1K $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%
$1,282,920
Cap Rate 7%
$916,371
Cap Rate 9%
$712,733

Alternative Uses

Best Use
Multifamily LT 5
$916.4K
$801.8K – $1.07M (±1% cap)
NOI $64,146 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$812.7K
$711.1K – $948.2K (±1% cap)
NOI $56,889 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,118 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,314
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in Santa Clara County, CA

$621 Jul
$644 Aug
$610 Sep
$600 Oct

Properties on Market for Quadplexes in Santa Clara County

Jul
Aug
Sep
Oct

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 - All four residences share a two-bedroom, one-bath layout, with individual electric and gas meters.
Where is this quadplex located?
The property is located at 2256 Deborah Dr Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; average unit size is 752 SF; 3,008 SF multifamily property on a 0.15‑acre lot; Attached garage parking for every unit
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