Homes for sale - 2070 3rd ST, Santa Clara, CA 95054

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Doug Goss

dgoss@kw.com +1(408) 234-0417

Listed by Will Tharp • Magnify Real Estate

$2,998,000

Est. payment - /mo

1 Bed

1 Bath

4,632 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,632 sqft

Price per Sqft $647

MLS Listing ID ML82013844

Bedrooms 1

Full Baths 1

Year Built 1957

Lot Size 0.287 Acres

Property Sub-Type Five or More Units

Property Description

2070 3rd St presents a rare opportunity to acquire a well-maintained 10-unit multifamily property in the heart of Silicon Valley. The building consists of (10) 1BD/1BA units (Subsidized Housing), attracting single professionals and couples in the area. It offers 4,632 square feet of rentable space on a 12,500 square foot lot, providing a low-density layout with potential for future development. Each unit includes A/C, forced-air heating, dual pane windows, and a separate water heater, offering comfort and energy efficiency. Additional features include on-site laundry and a brand new roof. The property generates strong cash flow with in-place rents and further upside. Located near major tech employers such as Intel, Nvidia, Oracle, and Levi's Stadium, the property benefits from strong rental demand, low vacancy rates, and long-term growth. Additionally, the property is just a few blocks from Related Santa Clara, the 240 Acre and 9.2M square foot planned mega development of mixed-use real estate. With close proximity to highways (101, 880, 237), public transportation, retail, and dining, the property is ideally positioned for tenant convenience and long-term investment performance. This asset offers a compelling mix of steady income and value-add potential in a prime location.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning R3

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Hardwood, Laminate, Tile

Exterior

Parking Features On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 104-10-043

Security Features None

Special Listing Condition Not Applicable

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Doug Goss

+1(408) 234-0417

Broker Associate | License ID: 01182111

Broker Associate License ID: 01182111

2070 3rd ST Santa Clara, CA 95054

Doug Goss

Key Details

Location

Interior

Exterior

Building

Others

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