Fourplex with Covered
For Sale
$2,075,000
94 Roxbury St, Santa Clara, CA 95050
Four-unit multifamily featuring shared laundry and four covered parking spaces, with a vacant two-bedroom unit.
Property Size3,475 SF
Days on Market102
Property Features for 94 Roxbury St
General Information
Standard status
Active
Size
3,475 SF
Property subtype
Multifamily
Occupancy
97%
Site & Location
Neighborhood
Newhall
Amenities
On-Site Laundry Facility and Four Covered Parking Spaces
Surrounded by Major Silicon Valley Employers including OpenAI, NVIDIA, Apple, and Leading Semiconductor and Technology Firms
Close Proximity to Downtown Santa Clara & Santa Clara Caltrain Station
Building Details
Building Size
3,475 SF
Units
4
Listing Agency:
Palo Alto Office
(650) 391-1700
Listed By:
Mitch Zurich · License #CA: 01870648
(650) 391-1824
Source:
Marcusmillichap
Added: Jul 14
Changed: Oct 21
Last Checked: Oct 23 at 3:18AM
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 Palo Alto Office
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Investment Insights
Based on property information with market context.
This Santa Clara fourplex consists of four units with a mix of one 1-bedroom / 1-bath home, two 2-bedroom / 1-bath homes, and one vacant 2-bedroom + den / 1.5-bath unit. The property includes a shared laundry facility and four covered parking spaces, supporting day-to-day tenant convenience.
The asset is located near Santa Clara University (about 0.9 miles) and the Santa Clara Caltrain Station (about 1.4 miles). The surrounding area provides access to nearby shopping and dining, including Santana Row, Valley Fair, and the Costco Shopping Center.
With multiple unit floorplans already in place and one unit available, the configuration may appeal to investors seeking tenant-ready diversity as well as owner-occupant users looking for an on-site option within the four-unit structure.
The asset is located near Santa Clara University (about 0.9 miles) and the Santa Clara Caltrain Station (about 1.4 miles). The surrounding area provides access to nearby shopping and dining, including Santana Row, Valley Fair, and the Costco Shopping Center.
With multiple unit floorplans already in place and one unit available, the configuration may appeal to investors seeking tenant-ready diversity as well as owner-occupant users looking for an on-site option within the four-unit structure.
Key Highlights
- Four‑unit multifamily built in 1959 with a unit mix of 1x 1BD/1BA, 2x 2BD/1BA, and 1 vacant 2BD+den/1.5BA
- Shared laundry facility on‑site for tenants
- Four covered parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,105
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,100
$1.5M
Cap Rate 7%
$1,058,643
$1.1M
Cap Rate 9%
$823,389
$823.4K
Market Conditions
NOI Build-Up for 3,475 SF
Gross rent
$110.5K $31.80/SF
− Vacancy
−$4.6K −$1.34/SF
EGI
$105.9K $30.46/SF
− OpEx
−$31.8K −$9.14/SF
NOI
$74.1K $21.33/SF
Area
Santa Clara, CA
Vacancy
4.20%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,100
Cap Rate 7%
$1,058,643
Cap Rate 9%
$823,389
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$926.3K – $1.24M
NOI $74,105 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$938.9K
$821.5K – $1.10M
NOI $65,721 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $146,854 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
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Demographics for 95050, CA
39,031
Population
16,674
Households
2.3
Avg Household Size
35
Median Age
54%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
7,097
Density / Sq Mi
$130,051
Median Household Income
$73,578
Median Earnings
$2,522
Median Rent
$1,420,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily featuring shared laundry and four covered parking spaces, with a vacant two-bedroom unit.
Where is this quadplex located?
The property is located at 94 Roxbury St Santa Clara, CA.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: Four‑unit multifamily built in 1959 with a unit mix of 1x 1BD/1BA, 2x 2BD/1BA, and 1 vacant 2BD+den/1.5BA; Shared laundry facility on‑site for tenants; Four covered parking spaces included
