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$ 2,300,000
Est. payment /mo
Active
1208 Pierce ST Santa Clara, CA 95050
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82028403
HOA Y/N No
Year Built 1974
Annual Tax Amount $26,450
Property Description
A rare 6-unit multifamily apartment building located in Santa Clara, just minutes away from top high tech companies such as Nvidia and Apple. This property consists of six identical, spacious 1-Bedroom/1-Bath units, providing easy management and a consistent floor plan. Most residences feature recent updates, including granite kitchen countertops, dishwashers, central heating, and building-wide dual pane windows, minimizing CapEx risk and maximizing tenant retention. The generous lot size provides ample parking spaaces, highlighted by six individual covered carports and additional off-street spaces. Income is supplemented by a centralized coin-operated laundry facility. Additional features include: ndividual gas and electric meters, clay tile roof, newly installed low maintenace landscaping. Located in a quiet, established area with unparalleled access to major roads and retail hubs, this property offers a stable income stream with clear potential to capture market-rate rents upon unit turnover.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R336D
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Roof Type Clay,Tile
Total Parking Spaces 2
Building
Water Public
Schools
School District Other
Others
Tax ID 26911059
Special Listing Condition Standard
Listed by Vinicius Brasil Keller Williams Thrive