Property Detail
Description
Jimmy Castellanos is pleased to present 184 Roxbury Street in Santa Clara, CA. This investment presents a unique opportunity to capitalize on one of Silicon Valley's most desirable cities. This charming six-unit multifamily community, built in 1960, offers 4,484 square feet of rentable space and is situated on a 6,600 square foot lot. The property consists of four spacious one-bedroom and two two-bedroom units, providing a variety of living options for residents. Located just 0.7 miles from Santa Clara University, 184 Roxbury Street is positioned in the heart of Silicon Valley, surrounded by major tech companies and thriving institutions. The proximity to industry giants such as NVIDIA, Intel, Intuit Surgical, and the San Francisco 49ers, enhances the appeal of this property to potential renters. As of October 2024, the average median home price in Santa Clara is $1.8 million, underscoring the significant value proposition this multifamily property represents. At a listing price of $2,395,000, roughly $400,000 per unit, 184 Roxbury Street offers a compelling investment opportunity, well below the cost of single-family homes in the area.
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Listing provided courtesy of Jimmy Castellanos of Marcus & Millichap. Last updated 2024-11-26 10:44:23.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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