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    3Rd St Santa Clara, CA 95054

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    For Sale
    $2,788,000

    Well-maintained 10-unit property near Silicon Valley tech employers.

    Property size:
    4,632 SF
    Lot size:
    0.29 Acres

    Property Features for 3Rd St

    General Information

    Size
    4,632 SF
    Lot size
    0.29 Acres

    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. Each unit is equipped with 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, including Intel, Nvidia, and Oracle, as well as Levi's Stadium. It is also a few blocks from the planned Related Santa Clara mixed-use development, which will encompass 240 acres and 9.2 million square feet. The location provides convenient access to highways 101, 880, and 237, as well as public transportation, retail, and dining options. The property is suitable for single professionals and couples.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Santa Clara
    County
    Santa Clara
    State
    California
    Longitude
    -121.96125
    Latitude
    37.396981

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 10-unit property near Silicon Valley tech employers.
    Where is this apartment building located?
    The property is located at 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: - High 6.59% Cap Rate indicating strong cash flow.; - Prime Silicon Valley location near major tech employers.; - Ten well-maintained 1BD/1BA units appealing to single professionals and couples.
    Request Owner's contact information
    3Rd St 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
    3Rd St Santa Clara, CA 95054
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