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Listed by Eric Katz • Magnify Real Estate
$ 3,488,000
Est. payment /mo
New
450 California ST Santa Clara, CA 95050
2 Beds
1 Bath
5,838 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,838 sqft
Price per Sqft $597
MLS Listing ID ML82017166
Bedrooms 2
Full Baths 1
Year Built 1959
Lot Size 7,900 Sqft
Property Sub-Type Five or More Units
Property Description
450 California Street presents a unique opportunity to acquire a rare asset with (8) 2 bedroom units in the thriving city of Santa Clara. Built in 1959 and extensively renovated in 2016, the property offers 5,838 square feet of building space on a 7,900 square foot lot. The recent renovations enhance the appeal of the asset, providing modernized interiors and updated building systems that reduce maintenance costs and attract quality tenants. With strong in-place fundamentals and further upside, this asset is ideal for investors seeking stable cash flow and long-term appreciation in Silicon Valley. Strategically located in the heart of Santa Clara, the property is within a 10-minute drive of key lifestyle and employment hubs including Santa Clara University, Westfield Valley Fair, Santana Row, and Levis Stadium. It also benefits from proximity to major tech employers such as Nvidia, Intel, Oracle, and the Apple Park campus. The area is well-connected by Caltrain, VTA light rail, and major highways, offering residents convenient access to the broader Bay Area.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R325
Interior
Heating Central Forced Air
Cooling Ceiling Fan, Central AC
Exterior
Parking Features Uncovered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 269-39-004
Security Features None
Special Listing Condition Not Applicable
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