1298 Reeve Street, Santa Clara, CA 95050
Commercial property
Sold August 2024
Listing Agent: Jimmy Castellanos (DRE #02024152) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Jimmy Castellanos · Marcus & Millichap · MLS #ML81975632 · Source: CRMLS
About this commercial property
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.
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history