3280 Cabrillo AVE, Santa Clara, CA 95051

$2,445,000
3,940
SqFt

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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

Sold Price
$2,445,000
List Price
$2,525,000
Closing Date
Aug 19, 2024
MLS#
ML81963429
Status
SOLD
Sqft. of Residence
3,940
Lot Size
7,841
Listing Area
Santa Clara
Year Built
1977

Property Description

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.

Additional Information

Acres
0.18
Age
47
Cooling System
None
Days On Market
Unknown
Foundation
Wood Frame
Garage Parking
Carport
Heating System
Gas, Wall Furnace
Living Area
3,940
Lot Size
7,841
Neighborhood
Santa Clara
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Bitumen, Flat / Low Pitch
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R3

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