2351 Sutter Avenue, Santa Clara, CA 95050
List Price: $2.39M
Listing Status: Active
0Days on Market: 5
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1962
Lot Size: 7,787 sq ft
Annual Property Tax: $29,188
MLS Number: ML82054306
About This Property
6-unit off of Saratoga Avenue. Pleased to present 2351 Sutter Ave, a 6-unit apartment community located in the highly desirable City of Santa Clara, one of Silicon Valley's strongest rental markets. Constructed in 1962, the property consists of approximately 4,280 square feet of rentable space situated on a 7,787-square-foot parcel. The unit mix of three one-bedroom/one-bathroom units and three two-bedroom/one-bathroom units appeals to a broad tenant base while providing investors with stable in-place income and long-term growth potential. With minimal new apartment construction, strong office leasing activity in the surrounding area, and a high barrier to entry for single-family homeownership, 2351 Sutter Ave is well positioned to continue benefiting from long-term appreciation and meaningful rental growth.
Listing provided by: Jimmy Castellanos DRE #02024152 (650) 391-1700 jimmy.castellanos@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82054306
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