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Multifamily

2070 Sahara Way

2070 Sahara Way, Santa Clara, CA 95050

Listing Price: $2,290,000

Cap Rate
4.81%
GRM
13.93

Investment Overview

Jimmy Castellanos is pleased to present 2070 Sahara Way, a well-maintained and recently upgraded five-unit multifamily community located in the heart of Santa Clara, one of Silicon Valley’s most dynamic and rapidly growing cities. This asset presents a compelling investment opportunity, supported by the city’s strong employment base anchored by Fortune 500 companies such as Intel, Google, and the rapidly expanding NVIDIA, whose global headquarters is located just minutes from the property. With no city-level rent control in place, Santa Clara provides a landlord-friendly environment that enables investors to achieve market rents within a favorable economic timeline.

Originally built in 1960, the property consists of approximately 4,264 gross rentable square feet (per county assessor) situated on a 7,200 square foot lot. The unit mix features three (3) one-bedroom/one-bathroom units, one (1) two-bedroom/one-bathroom unit, and one (1) three-bedroom/two-bathroom unit. Recent capital improvements include full renovations of two units, updated electrical sub-panels for all five units, and a fresh exterior paint job completed in April 2025. A brand-new front fence was also added, enhancing both curb appeal and privacy—particularly for the front-facing owner’s unit. These upgrades position the property for immediate cash flow and long-term value growth.

Ideally located between San Tomas Expressway and El Camino Real, 2070 Sahara Way offers tenants exceptional connectivity to key South Bay destinations. The property is conveniently close to Santa Clara University, San Jose State University, and an impressive lineup of major employers including NVIDIA, Intel, Advanced Micro Devices, Applied Materials, Oracle, Intuitive Surgical, Google, and ServiceNow. The Santa Clara Caltrain Station is located just 1.5 miles away, while nearby Rotary Park provides additional neighborhood appeal.

With its proximity to world-class employers, particularly NVIDIA, strong regional fundamentals, recent property upgrades, and highly desirable location, 2070 Sahara Way offers a rare opportunity to acquire a stabilized asset in one of Silicon Valley’s most supply-constrained and resilient rental markets.

Investment Highlights

  • Proximity to NVIDIA: Minutes from NVIDIA HQ and other major Silicon Valley employers.
  • Recent Renovations: Two units fully renovated, all five sub-panels upgraded, new paint and fencing.
  • No Rent Control: Santa Clara allows for more flexible market rent adjustments with no city-level restrictions.
  • Prime Location: Easy access to Caltrain, major freeways, universities, and parks.
  • Desirable Unit Mix: Includes a spacious 3-Bed/2-Bath owner's unit plus four additional rental units.

Exclusively Listed By

Multifamily

2070 Sahara Way

Investment Highlights

  • Proximity to NVIDIA: Minutes from NVIDIA HQ and other major Silicon Valley employers.
  • Recent Renovations: Two units fully renovated, all five sub-panels upgraded, new paint and fencing.
  • No Rent Control: Santa Clara allows for more flexible market rent adjustments with no city-level restrictions.
  • Prime Location: Easy access to Caltrain, major freeways, universities, and parks.
  • Desirable Unit Mix: Includes a spacious 3-Bed/2-Bath owner's unit plus four additional rental units.

Investment Overview

Jimmy Castellanos is pleased to present 2070 Sahara Way, a well-maintained and recently upgraded five-unit multifamily community located in the heart of Santa Clara, one of Silicon Valley’s most dynamic and rapidly growing cities. This asset presents a compelling investment opportunity, supported by the city’s strong employment base anchored by Fortune 500 companies such as Intel, Google, and the rapidly expanding NVIDIA, whose global headquarters is located just minutes from the property. With no city-level rent control in place, Santa Clara provides a landlord-friendly environment that enables investors to achieve market rents within a favorable economic timeline. Originally built in 1960, the property consists of approximately 4,264 gross rentable square feet (per county assessor) situated on a 7,200 square foot lot. The unit mix features three (3) one-bedroom/one-bathroom units, one (1) two-bedroom/one-bathroom unit, and one (1) three-bedroom/two-bathroom unit. Recent capital improvements include full renovations of two units, updated electrical sub-panels for all five units, and a fresh exterior paint job completed in April 2025. A brand-new front fence was also added, enhancing both curb appeal and privacy—particularly for the front-facing owner’s unit. These upgrades position the property for immediate cash flow and long-term value growth. Ideally located between San Tomas Expressway and El Camino Real, 2070 Sahara Way offers tenants exceptional connectivity to key South Bay destinations. The property is conveniently close to Santa Clara University, San Jose State University, and an impressive lineup of major employers including NVIDIA, Intel, Advanced Micro Devices, Applied Materials, Oracle, Intuitive Surgical, Google, and ServiceNow. The Santa Clara Caltrain Station is located just 1.5 miles away, while nearby Rotary Park provides additional neighborhood appeal. With its proximity to world-class employers, particularly NVIDIA, strong regional fundamentals, recent property upgrades, and highly desirable location, 2070 Sahara Way offers a rare opportunity to acquire a stabilized asset in one of Silicon Valley’s most supply-constrained and resilient rental markets.

Exclusively Listed By

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