1379 Reeve St | Santa Clara, CA 95050
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- LoopNet Team
1379 Reeve St
Santa Clara, CA 95050
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Desirable Unit Mix – Six 1-bed/1-bath and two 2-bed/1-bath units.
- Well-Maintained – Double-pane windows, pitched roof, and manicured landscaping with excellent curb appeal.
- No Local Rent Control – Greater income flexibility and long-term upside for investors.
- Prime Location – Walking distance to Santa Clara University, Caltrain, VTA bus stops, and minutes from major tech employers like Intel, AMD, and NVI
- Below Replacement Cost – Acquire eight quality units at a fraction of single-family home prices and below replacement cost.
PROPERTY FACTS
| No. Units | 8 | Building Size | 4,756 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 2.1/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R3, Sta Clara | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,756 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | R3, Sta Clara |
AMENITIES
UNIT AMENITIES
- Storage Space
- Heating
- Refrigerator
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 224-25-013 | Improvements Assessment | $818,300 |
| Land Assessment | $666,226 | Total Assessment | $1,484,526 |
PROPERTY TAXES
Parcel Number
224-25-013
Land Assessment
$666,226
Improvements Assessment
$818,300
Total Assessment
$1,484,526
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