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Tue

Aug

Wed

Aug

Thu

Aug

Suzanne Hunter

shunter@intero.com +1(408) 688-7828

Listed by Eric Katz • Magnify Real Estate

$ 3,488,000

Est. payment | -/mo

2 Beds

1 Bath

5,838 SqFt

Save

$ 3,488,000

Est. payment | -/mo

Save

2 Beds

1 Bath

5,838 SqFt

OPEN HOUSE

Thu Aug 14, 5:00pm - 6:30pm

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,838 sqft

Price per Sqft $597

MLS Listing ID ML82017166

Bedrooms 2

Full Baths 1

Year Built 1959

Lot Size 7,900 Sqft

Property Sub-Type Five or More Units

Property Description

Magnify is pleased to offer 450 California Street in Santa Clara, which presents an opportunity to acquire a rare turnkey asset with (8) 2 Bedroom units in a top Silicon Valley rental market. Built in 1959 and extensively renovated in 2016, the property offers 5,838 square feet of building space on a 7,900 square foot lot. The recent renovations enhance the appeal of the asset, providing modernized interiors and updated building systems including copper/ABS plumbing, dual pane windows, and upgraded electrical systems that reduce maintenance costs and attract quality tenants. With strong in-place fundamentals and further upside, this asset is ideal for investors seeking stable cash flow and long-term appreciation in Silicon Valley. Strategically located in the heart of Santa Clara, the property is within a 10-minute drive of key lifestyle and employment hubs including Santa Clara University, Westfield Valley Fair, Santana Row, and Levis Stadium. It also benefits from proximity to major tech employers such as Nvidia, Intel, Oracle, and the Apple Park campus. The area is well-connected by Caltrain, VTA light rail, and major highways, offering residents convenient access to the broader Bay Area.

Location

State CA

County Santa Clara

Area Santa Clara

Zoning R325

Interior

Heating Central Forced Air

Cooling Ceiling Fan, Central AC

Exterior

Parking Features Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 269-39-004

Security Features None

Special Listing Condition Not Applicable

GET MORE INFORMATION

Suzanne Hunter

REALTOR® | Lic# DRE 01505241

shunter@intero.com

+1(408) 688-7828

518 N Santa Cruz Ave, Los Gatos, CA, 95030

450 California ST Santa Clara, CA 95050

Suzanne Hunter

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

450 California ST