1298 Reeve ST, Santa Clara, CA 95050

$2,700,000
5,168
SqFt

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Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: Mitchell Zurich from Marcus & Millichap

Sold listing courtesy of Jimmy Castellanos from M&MKW

Sold Price
$2,700,000
List Price
$2,650,000
Closing Date
Aug 23, 2024
MLS#
ML81975632
Status
SOLD
Sqft. of Residence
5,168
Lot Size
16,275
Listing Area
Santa Clara
Year Built
1979

Property Description

UNIT 101 open Friday and Saturday (8/9 & 8/10) from 11 AM to 1 PM. Presenting a highly unique mulitfamily opportunity at 1298 Reeve Street, in the heart of Santa Clara, CA. Built in 1979 on an expansive 0.37-acre lot, this distinctive property boasts five units, including two spacious three-bedroom units, a two-bedroom unit, and two cozy one-bedroom units. Each unit features its own garage, in-unit washers and dryers, and private backyards, offering residents unparalleled comfort and convenience. What sets 1298 Reeve Street apart is its potential for versatile living arrangements. The sizable three-bedroom owner's unit (UNIT 101) will be delivered vacant, presenting an ideal scenario for a home buyer to occupy this luxurious space while leasing out the remaining units to offset mortgage and tax expenses. This arrangement not only provides immediate income but also positions the property as a strategic investment in Santa Clara's thriving real estate market.

Additional Information

Acres
0.37
Age
45
Building Name
Reeve Street Cottages
Cooling System
Window / Wall Unit
Days On Market
Unknown
Foundation
Concrete Perimeter
Garage Parking
Attached Garage
Heating System
Electric, Wall Furnace
Living Area
5,168
Lot Size
16,275
Neighborhood
Santa Clara
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R3

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