1208 Pierce

Santa Clara CA 95050

$2,300,000

Status: Active


Property Details

Description

A rare 6-unit multifamily apartment building located in Santa Clara, just minutes away from top high tech companies such as Nvidia and Apple. This property consists of six identical, spacious 1-Bedroom/1-Bath units, providing easy management and a consistent floor plan. Most residences feature recent updates, including granite kitchen countertops, dishwashers, central heating, and building-wide dual pane windows, minimizing CapEx risk and maximizing tenant retention. The generous lot size provides ample parking spaaces, highlighted by six individual covered carports and additional off-street spaces. Income is supplemented by a centralized coin-operated laundry facility. Additional features include: ndividual gas and electric meters, clay tile roof, newly installed low maintenace landscaping. Located in a quiet, established area with unparalleled access to major roads and retail hubs, this property offers a stable income stream with clear potential to capture market-rate rents upon unit turnover.

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