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Quadplex Development Opportunity

4200 Bassett ST Santa Clara, CA 95054

New
4200 Bassett ST, Santa Clara, CA, 95054
$1,999,888
For Sale
$1,999,888

MULTI_FAMILY - SANTA CLARA, CA

Property Size4,320 SF
Lot Size0.17 Acres
Price / SF$462.94
Days on Market2

Property Features for 4200 Bassett ST

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
CT
Bedrooms
7
Rooms
Bedroom 7, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3
Parking
3
Parking features
Off Street
Standard status
Active
Size
4,320 SF
Lot size
0.17 Acres

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1955
Number of units
4
Roof type
Composition
Listing agency eXp Realty of California Inc
Listed by Butch LeQuieu · License #00928274
Added: Jul 20 Updated: Jul 21 at 1:48AM Checked: Jul 21 at 8:06AM
MLS# ML82054558

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This quadplex property is listed for sale at 4200 Bassett St in Santa Clara. The offering is positioned as a mixed-use development opportunity, with zoning noted as CT. The property’s size is reported as 4,320 square feet, and the lot size is listed as 0.17 acres.

The public remarks cite proximity to Levis Stadium and Santa Clara University, along with nearby technology campuses associated with NVIDIA, Intel, Apple, and Google. The remarks also reference access to major freeways, public transportation, and San Jose International Airport.

Prospective buyers are encouraged to conduct their own due diligence, including independently verifying zoning, lot size, square footage, permitted uses, and any intended future use of the property with the appropriate governmental agencies and professionals.

Key Highlights

  • Year built: 1955
  • Heating: forced air
  • Roof: composition

Local Financial Insights For Multifamily LT 5

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 $137.4k $31.80
− Vacancy −$5.8k −$1.34
EGI $131.6k $30.46
− OpEx −$39.5k −$9.14
NOI $92.1k $21.33
4,320 SF · lease $31.80/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,124 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,702 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$2.61M
$2.28M – $3.04M (±1% cap)
NOI $182,564 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Hair Salon Spa & Massage Center Barber Shop Catering Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Pet Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Quadplex property on a 0.17-acre lot in Santa Clara, zoned CT, offered for sale at 4200 Bassett St.
Where is this quadplex located?
The property is located at 4200 Bassett ST Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,999,888.
What are key features of this property?
This property features: Year built: 1955; Heating: forced air; Roof: composition
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