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3280 Cabrillo Avenue, Santa Clara, CA 95051

Commercial property · 2 recorded sales since 2020

3280 Cabrillo Avenue, Santa Clara, CA 95051 Sold August 2024 CRMLS
$2,445,000Sold August 2024

Listing Agent: Kyle De Mattei (DRE #02146792) · Listing Office: Magnify Real Estate · Contact: (877) 776-7718 · Bought with: Satwinder Saran · Alliance Bay Realty · MLS #ML81963429 · Source: CRMLS

3,940
Building Sq Ft
7,841 sqft
Lot Size
1977
Year Built
R3
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$2,445,000
Sold August 2024 · listed $2,525,000, on market April 2024 · MLS #ML81963429 · Source: CRMLS
Listing Agent: Kyle De Mattei · Listing Office: Magnify Real Estate · Contact: (877) 776-7718 · Bought with: Satwinder Saran · Alliance Bay Realty
$1,960,000
Sold July 2020 · listed $1,980,000, on market June 2020 · MLS #ML81795542 · Source: CRMLS
Listing Agent: Eric Katz · Listing Office: Colliers Parrish International · Contact: (408) 282-3800 · Bought with: Eric Katz · Colliers Parrish International
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