857 Gallatin Dr Santa Clara, CA 95051
Property Features for 857 Gallatin Dr
General Information
- Standard status
- Active
- Size
- 6,444 SF
Building Details
- Year built
- 1964
Source:
Corcoran
Listing Agency: COMPASS Listing Agent: Ray Rodriguez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Santa Clara Multifamily Investment Opportunity
The property at 857 Gallatin Drive in Santa Clara is a centrally located 7-unit multifamily investment opportunity. The two-story property is well-maintained and features a unit mix of two 3-bedroom, 2-bathroom units, two 2-bedroom, 2-bathroom units, and three 1-bedroom, 1-bathroom units. This unit mix appeals to Silicon Valley professionals and long-term family households. Located less than two miles from Apple Park and Kaiser Permanente in a supply-constrained rental market, the property offers value-add potential through interior upgrades. Select units include newer appliances, updated cabinetry, and improved electrical subpanels, while others remain in classic condition, creating an opportunity for phased renovations and rent growth. Units 1 and 7 feature forced-air heating and a unique kitchen layout with separate stovetop and oven. On-site amenities include seven tuck-under parking spaces, two private garages assigned to Units 1 and 7, seven storage lockers, and a professionally leased laundry facility with card-reader machines, offering tenant convenience and supplemental income. The property size is 6,444 square feet. This property presents an opportunity to reposition the asset and capture rental upside in a desirable multifamily corridor.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Santa Clara
- County
- Santa Clara
- State
- California
- Longitude
- -121.9937031
- Latitude
- 37.3399091
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Centrally located 7-unit property with value-add potential.
Where is this apartment building located?
The property is located at 857 Gallatin Dr Santa Clara, CA.
What is the asking price?
The asking price for this property is $2,765,000.
What are key features of this property?
This property features: - Excellent unit mix appealing to Silicon Valley professionals and families with 3BD, 2BD, and 1BD units.; - Prime location less than two miles from Apple Park and Kaiser Permanente.; - Clear value-add potential through interior upgrades for rent growth.
