2497 Anna Drive Santa Clara, CA 95050
10-unit apartment building in Santa Clara with significant upside potential.
Property Features for 2497 Anna Drive
General Information
- Standard status
- Active
- Size
- 7,843 SF
- Lot size
- 0.34 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing office JEFREY HENDERSON, BROKER (408) 453-7461
Listing date Mar 25, 2026
Source Corcoran
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 JEFREY HENDERSON, BROKER
Investment Insights
Based on property information with market context.
Key Highlights
- 50% of units eligible for immediate rent increase, providing day 1 upside.
- Current rents are 17% below market rents, offering future upside potential.
- Located in the highly sought‑after Silicon Valley suburb of Santa Clara, CA.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $283.3k | $36.12 |
| − Vacancy | −$13.6k | −$1.73 |
| EGI | $269.7k | $34.39 |
| − OpEx | −$121.4k | −$15.47 |
| NOI | $148.3k | $18.91 |
