Listed by Kyle De Mattei, 408-334-3226 from Magnify Real Estate
(If provided) CoList: Eric Katz from Magnify Real Estate
Sold listing courtesy of Satwinder Saran from ATFIN
Magnify is pleased to exclusively present the opportunity to acquire 3280 Cabrillo Ave, a premium five (5) unit property with strong in-place rents and spacious units. Strategically located in Santa Clara, this property offers a compelling investment opportunity in a highly desirable rental market at the border of Sunnyvale. Constructed in 1977, this turnkey investment consists of (1) two-bedroom/one-and-half-bathroom townhome and (4) two-bedroom/one-bathroom units, offering a total building square footage of 3,940 on a 7,840 square foot lot. The building underwent key recent capital improvements including a new roof, freshly painted exterior, and remodeled units. It boasts beautiful architecture and pristine landscaping which reinforces its overall curb appeal. The property is close to top Silicon Valley tech employers, including Apple and NVIDIA, which further enhances its appreciation potential. It is also just a ten minute drive from Santa Clara University, Santa Clara High School, 49ers Levi's Stadium, and Paramount's Great America. Finally, it features easy access to San Tomas Expressway, El Camino Real, and Lawrence Expressway.
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