Residential Income Property with Central
For Sale
$2,500,000
40324034 Davis Street, Santa Clara, CA 95054
The property includes central heating and a kitchen equipped with multiple appliances.
Property Size3,751 SF
Price / SF$666.49
Days on Market12
Property Features for 40324034 Davis Street
General Information
Standard status
Active
Size
3,751 SF
Property subtype
Residential Income
Zoning
A2
Amenities
Central Air
Central
Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan
Building Details
Building Size
3,751 SF
Year Built
1985
Buildings
1
Stories
2
Listing Agency:
Realty Spin
Listed By:
Pratima Agarwal · License #01899429
(650) 394-7746
Source:
Evrealestate
Added: Sep 26
Changed: Sep 28
Last Checked: Oct 5 at 5:02PM
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 Realty Spin
Investment Insights
Based on property information with market context.
This residential income property was built in 1985 and measures 3,751 square feet. Interior features include central air conditioning and central heating, along with a dishwasher, disposal, microwave, refrigerator, range hood and vented exhaust fan. The property is zoned A2.
Key Highlights
- 3,751 square feet of property area
- Built in 1985
- A2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,941
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,820
$1.4M
Cap Rate 7%
$1,013,443
$1.0M
Cap Rate 9%
$788,233
$788.2K
Market Conditions
NOI Build-Up for 3,751 SF
Gross rent
$135.5K $36.12/SF
− Vacancy
−$6.5K −$1.73/SF
EGI
$129.0K $34.39/SF
− OpEx
−$58.0K −$15.47/SF
NOI
$70.9K $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 Rate 5%
$1,418,820
Cap Rate 7%
$1,013,443
Cap Rate 9%
$788,233
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$886.8K – $1.18M
NOI $70,941 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,518 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
Explore this area
Business Placement
Demographics for 95054, CA
25,024
Population
10,001
Households
2.5
Avg Household Size
34
Median Age
68%
College-Educated
94%
High-School Grad
6.4 sq mi
ZIP Area
3,910
Density / Sq Mi
$204,052
Median Household Income
$113,956
Median Earnings
$3,413
Median Rent
$1,475,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The property includes central heating and a kitchen equipped with multiple appliances.
Where is this residential income property located?
The property is located at 40324034 Davis Street Santa Clara, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,751 square feet of property area; Built in 1985; A2 zoning
