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    3529 Agate Drive

    Santa Clara, CA 95051
    • $3,500,000
    • STATUS: Pending
    • ON SITE: 69 days
    • ID#: ML81807256
    Pending
    UPDATED: 113 min ago
    $3,500,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    11 unit apartment building in desirable Santa Clara neighborhood. Good mix of Studios, 1 & 2 bedroom units. lots of parking, Two car parking for 1 & 2 bedroom units, One car parking for the studios. Long term tenants, almost zero vacancies. Three units have been totally remodeled with new kitchens, and bathrooms. Most other units have bathrooms that have been remodeled several years ago. All downstairs units have newer laminate flooring. New water heater this year. Washer /dryer is owners. Close to train, and bus systems. Lots of upside potential for rental income. Easy to manage and maintain. Rent can be increase nearly 8% per year. (CPI + 5%)

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-30T15:42:03.1.

    www.lucasgphomes.com/homes/109251713
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    3529 Agate Drive Santa Clara, CA 95051

    • Price: $3,500,000
    • Status: Pending
    • Updated: 113 min ago
    • ID#: ML81807256
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1961
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    Property Description
    11 unit apartment building in desirable Santa Clara neighborhood. Good mix of Studios, 1 & 2 bedroom units. lots of parking, Two car parking for 1 & 2 bedroom units, One car parking for the studios. Long term tenants, almost zero vacancies. Three units have been totally remodeled with new kitchens, and bathrooms. Most other units have bathrooms that have been remodeled several years ago. All downstairs units have newer laminate flooring. New water heater this year. Washer /dryer is owners. Close to train, and bus systems. Lots of upside potential for rental income. Easy to manage and maintain. Rent can be increase nearly 8% per year. (CPI + 5%)
    Exterior Features

    Exterior Dual Pane Windows Lot Description Level Parking Description Parking AreaSpaces - Assigned Parking Spaces Total 19 Roof Tar And Gravel

    Interior Features

    All Units Have Refrigerator Apx Sq Ft Unit1 500 Apx Sq Ft Unit2 600 Apx Sq Ft Unit3 800 Bedrooms Unit1 0 Bedrooms Unit2 1 Bedrooms Unit3 2 Cooling None Flooring LaminateTile Heating Wall Furnace Laundry Coin Operated Some Units Have Updated BathsUpdated Kitchen

    Property Features

    Annual Gross Sched Income 168000 Annual Taxes 3800 Annual Utility Expense 16231 Building Type Other City Transfer Tax Yes Energy Saving Feature Low Flow Toilet Equipment Additional Satellite Dish - Owned Hoa YN No Net Operating Income 130229 Operating Expenses ElectricGasMaintenance/RepairUtilitiesWater Rent Unit1 1000 Rent Unit2 1135 Rent Unit3 1225 Tenant Pays ElectricGas Tot Bldg Sq Ft 7008 Water Sewer Sewer System - PublicWater - Public Zoning R3

    Listing courtesy of Mike Laschinger of Re/Max Santa Clara Valley.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-30T15:42:03.1.

     
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