Nalren
Open in App

Residential Income — 2256 Deborah Drive, Santa Clara, CA

$1,995,000

2256 Deborah Drive, Santa Clara, CA

View in Nalren App Get the App

About this property

Fully Occupied 4-Unit Multifamily Investment in the Heart of Silicon Valley! This well-maintained 3,008 SF property sits on a 0.15-acre lot in Santa Clara and is comprised entirely of spacious 2-bedroom, 1-bath units averaging 752 SF each a rare, uniform unit mix that simplifies management and appeals to a consistent renter pool. 100% occupied with in-place rents running roughly 9% below market, the asset offers investors stable current income (4.01% cap) plus clear upside through future rental optimization (4.57% pro forma cap). Individually metered electric and gas, attached garage parking for each unit, and a prime location near major employment centers, top-performing school districts, and regional transit corridors make this an attractive hold in one of the Bay Area's most supply-constrained rental markets. Priced at $1,995,000 ($498,750/unit, $663/SF). A rare opportunity to own a fully leased, turnkey asset in the heart of Silicon Valley.

Property details

Square feet
3,008
Year built
1962
Property type
Residential Income
Lot size
6,600 sqft

Location

2256 Deborah Drive • Santa Clara, CA 95050

More homes for sale and rent in Santa Clara, CA →

Listed by

Eymon Binesh · Marcus & Millichap

Nearby listings in Santa Clara, CA

See all homes in Santa Clara, CA

Sale history for 2256 Deborah Drive →