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Multifamily

2421 Karen Dr

2421 Karen Dr, Santa Clara, CA 95050

Listing Price: $1,698,000

Cap Rate
2.76%
Number of Units
4
Occupancy
97.0%
Price/Unit
$424,500

Investment Overview

2421 Karen Dr is a stunning fourplex located in the thriving city of Santa Clara, California. Situated on a 6,896 square feet parcel of land, the subject property was originally constructed in 1960 and has a gross building area of approximately 2,400 square feet, offering its tenants beautifully designed one-bedroom floor plans. Santa Clara is a major city in Silicon Valley and the ninth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft and Yahoo. This prime location allows easy access to major highways and is conveniently located from several different shopping, dining, and entertainment plazas in Santa Clara and San Jose. The investment appeal of this asset is driven by Santa Clara's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 2421 Karen Dr presents an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Investment Highlights

  • Tremendous Investment Opportunity in Santa Clara, CA
  • 3 Miles to Apple Park Campus and 1.5 Miles from Santa Clara University
  • Close Proximity to Many of the Nation's Top Tech Employers Including Intel, Google, Apple, LinkedIn, Microsoft, Yahoo as well as Many Others
  • Convenient Access to Santana Row and Westeld Valley Fair – Offering Many Diverse Retail and Dining Options

Exclusively Listed By

Multifamily

2421 Karen Dr

Listing Price: $1,698,000

Cap Rate
2.76%
Number of Units
4
Occupancy
97.0%
Price/Unit
$424,500

Investment Highlights

  • Tremendous Investment Opportunity in Santa Clara, CA
  • 3 Miles to Apple Park Campus and 1.5 Miles from Santa Clara University
  • Close Proximity to Many of the Nation's Top Tech Employers Including Intel, Google, Apple, LinkedIn, Microsoft, Yahoo as well as Many Others
  • Convenient Access to Santana Row and Westeld Valley Fair – Offering Many Diverse Retail and Dining Options

Investment Overview

2421 Karen Dr is a stunning fourplex located in the thriving city of Santa Clara, California. Situated on a 6,896 square feet parcel of land, the subject property was originally constructed in 1960 and has a gross building area of approximately 2,400 square feet, offering its tenants beautifully designed one-bedroom floor plans. Santa Clara is a major city in Silicon Valley and the ninth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft and Yahoo. This prime location allows easy access to major highways and is conveniently located from several different shopping, dining, and entertainment plazas in Santa Clara and San Jose. The investment appeal of this asset is driven by Santa Clara's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 2421 Karen Dr presents an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Exclusively Listed By

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