Multifamily
1379 Reeve St
1379 Reeve St, Santa Clara, CA 95050
Listing Price: $3,200,000
Investment Overview
Marcus & Millichap is please to present 1379 Reeve Street of Santa Clara, Ca. Nestled in the heart of Santa Clara County, this vibrant and well maintained eight (8) unit apartment complex in Santa Clara offers an incredible investment opportunity in a highly sought after market.
1379 Reeve Street boasts a versatile unit mix of six (6) one-bed/ one-bath & two (2) two-bed/ one-bath units spread across approximately 4,760 square feet of living space on a .20 acres lot. This building offers ample off street convered/uncovered parking and the convenience of an on-site laundry facility.
Santa Clara continues to be one of the most resilient and desirable markets in the Bay Area, with strong job growth, world-class employers, and an educated tenant base. The city's investment in public infrastructure and its cental location make it an ideal environment for long-term mutlifamily investments.
1379 Reeve St
Investment Highlights
- Strategically located in the heart of Santa Clara, within proximity to major tech campuses such as Apple, NVIDIA, Google, Intel, and minutes from Santa Clara University and Levi's Stadium.
- Desirable unit mix of one (1) & two (2) bedroom units
- Potential for increased rental income through unit renovations (27% Loss to Lease)
- Potential for implementation of RUBS
- Existing leases provide stable income base with potential upside upon turnover and market-rate adjustments
- Easy access to I-880, U.S. 101, and Caltrian/Bart, supporting commuter appeal and long-term retention
- Covered/Uncovered off-street parking
- On-site laundry facilities
Exclusively Listed By
Financing By
Listing Price: $3,200,000
Investment Highlights
- Strategically located in the heart of Santa Clara, within proximity to major tech campuses such as Apple, NVIDIA, Google, Intel, and minutes from Santa Clara University and Levi's Stadium.
- Desirable unit mix of one (1) & two (2) bedroom units
- Potential for increased rental income through unit renovations (27% Loss to Lease)
- Potential for implementation of RUBS
- Existing leases provide stable income base with potential upside upon turnover and market-rate adjustments
- Easy access to I-880, U.S. 101, and Caltrian/Bart, supporting commuter appeal and long-term retention
- Covered/Uncovered off-street parking
- On-site laundry facilities
Investment Overview
Marcus & Millichap is please to present 1379 Reeve Street of Santa Clara, Ca. Nestled in the heart of Santa Clara County, this vibrant and well maintained eight (8) unit apartment complex in Santa Clara offers an incredible investment opportunity in a highly sought after market. 1379 Reeve Street boasts a versatile unit mix of six (6) one-bed/ one-bath & two (2) two-bed/ one-bath units spread across approximately 4,760 square feet of living space on a .20 acres lot. This building offers ample off street convered/uncovered parking and the convenience of an on-site laundry facility. Santa Clara continues to be one of the most resilient and desirable markets in the Bay Area, with strong job growth, world-class employers, and an educated tenant base. The city's investment in public infrastructure and its cental location make it an ideal environment for long-term mutlifamily investments.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
