Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Santa Clara Multifamily Investment Opportunity Title is generated by Realmo AI

    857 Gallatin Dr, Santa Clara, CA 95051

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    7-unit multifamily property in Santa Clara with value-add potential.

    Type:Multifamily
    Property size:
    6,444 SF
    Price / SF:
    $429/SF
    Added:
    Feb 12, 2026
    Days on Market:
    89
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 857 Gallatin Dr

    General Information

    Standard status
    Active
    Size
    6,444 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1964

    We can help!

    Listing Contact
    Tony Zizzo

    Listing agent Tony Zizzo License #CA#01962093

    Listing office Compass Commercial Real Estate

    Listing date Feb 12, 2026

    Source Crexi

    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 Compass Commercial Real Estate

    HighLights

    • Centrally located in Santa Clara, near Apple Park, Kaiser Permanente, and Lawrence Caltrain Station.
    • Value‑add potential through interior upgrades and phased renovation strategy for rent growth.
    • Desirable unit mix: (2) 3‑Bedroom / 2‑Bath, (2) 2‑Bedroom / 2‑Bath, and (3) 1‑Bedroom / 1‑Bath units.
    • Strong on‑site amenities: tuck‑under parking, private garages (Units 1 & 7), storage lockers, and leased laundry facility.
    • Located in a supply‑constrained rental market with strong underlying fundamentals.
    • Units 1 and 7 feature forced air heating and a unique kitchen layout.

    Overview

    The property at 857 Gallatin Drive in Santa Clara is a centrally located 7-unit multifamily investment opportunity. The two-story building features a unit mix of two 3-bedroom/2-bath units, two 2-bedroom/2-bath units, and three 1-bedroom/1-bath units. Select units have upgrades, including newer appliances, updated cabinetry, and improved electrical subpanels. Other interiors are in classic condition, presenting an opportunity for renovation and rent growth. Units 1 and 7 have forced air heating and a kitchen layout featuring a separate stovetop and oven. On-site amenities include seven tuck-under parking spaces, two private garages assigned to Units 1 and 7, seven dedicated storage lockers, and a professionally leased laundry facility with card-reader machines. The property is located less than two miles from Apple Park and Kaiser Permanente, and minutes from the Lawrence Caltrain Station. The property size is 6,444 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clara
    County
    Santa Clara
    State
    California
    Longitude
    -121.9937031
    Latitude
    37.3399091

    Nearby Similar for Sale

    • $3,800,000
      15,600 SF

      Santa Clara Two-Story Office Building

      Two-story office building in Santa Clara, value-add opportunity.
      1900 Lafayette ST, SANTA CLARA, CA 95050
      View Details
    • $3,599,000
      2,124 SF

      Santa Clara Child Development Center

      Turn-key child development center in a prime Santa Clara location.
      2070 Homestead RD, SANTA CLARA, CA 95050
      View Details
    • $150,000
      4,800 SF

      Santa Clara Motorcycle Repair Shop

      Established motorcycle repair shop in Santa Clara for sale.
      De La Cruz BLVD, SANTA CLARA, CA 95050
      View Details
    • $1,888,888
      3,270 SF

      Santa Clara Fourplex Investment Opportunity

      Renovated fourplex in Santa Clara with upside potential.
      2125 Monroe ST, SANTA CLARA, CA 95050
      View Details
    • $1,999,888
      3,270 SF

      Santa Clara Fourplex Investment Opportunity

      Fourplex in Santa Clara with upside potential and convenient location.
      2127 Monroe ST, SANTA CLARA, CA 95050
      View Details
    • $3,200,000
      1,089 SF

      Income-Producing Victorian Near SCU

      Turnkey Santa Clara Victorian generating over $11,000 monthly.
      1701 Market ST, SANTA CLARA, CA 95050
      View Details
    • $3,800,000
      15,600 SF

      Two-Story Office Building in Santa Clara

      Two-story office building with 12 units in Santa Clara.
      1900 Lafayette Street, Santa Clara, CA 95050
      View Details
    • $1,680,000
      3,000 SF

      Santa Clara Multifamily Investment Opportunity

      Well-maintained four-unit property in prime Santa Clara location.
      2186 Pasetta Dr, Santa Clara, CA 95050
      View Details
    • $2

      Santa Clara Office Building For Sale

      High-profile office building in Santa Clara with modern upgrades.
      1995 El Camino Real, Santa Clara, CA 95050
      View Details
    • $2,260,000

      Silicon Valley Investment Opportunity

      Four-unit property in a desirable, established Silicon Valley neighborhood.
      720 Harvard Ave, Santa Clara, CA 95051
      View Details
    • $3,200,000
      7,039 SF

      Santa Clara Office Space Available

      High-identity office space in Franklin Square, available now.
      951-955 Monroe St, Santa Clara, CA
      View Details
    • $1,350,000
      1,350,000 SF

      Santa Clara Office Building

      Office building for sale in Santa Clara, California.
      303 Brokaw Rd, Santa Clara, CA 95050
      View Details

    FAQs

    What type of property is this?
    Apartment building - 7-unit multifamily property in Santa Clara 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: Centrally located in Santa Clara, near Apple Park, Kaiser Permanente, and Lawrence Caltrain Station.; Value‑add potential through interior upgrades and phased renovation strategy for rent growth.; Desirable unit mix: (2) 3‑Bedroom / 2‑Bath, (2) 2‑Bedroom / 2‑Bath, and (3) 1‑Bedroom / 1‑Bath units.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Zizzo
    Real Estate License ID: CA#01962093
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    857 Gallatin Dr, Santa Clara, CA 95051
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!