2036 Klamath Avenue

Santa Clara , CA 95051

MLS#: ML81585272

$3,465,000

Status: Closed
Listing number: ML81585272
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: 1 year, 10 months ago
On site: 9 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1970

Sq.Footage

N/A

Request marketing package from listing agent for full details. 2036 Klamath Avenue is a 7-unit apartment building located just off Lawrence Expressway and Poinciana Drive. The property has a great mix of six large 2BR/1BA units and one townhouse-style 3BR/2.5BA unit. Four of the 2BR units have been renovated and the three remaining units can be renovated to significantly increase the building income. Pro forma cap rate on market rent is 5.49%, which does not take into account the increased income from renovating the remaining units. The two-story property totals 7,660 square feet of living space and is situated on an 11,535 square foot lot. The property is conveniently located near major employers in Santa Clara and Sunnyvale and lots of shopping centers along El Camino Real.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.2648

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $3,465,000

  • Tax Amount

    40864.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Santa Clara

Elementary School

Middle School

High School

Listing Courtesy of Kirk Trammell , Marcus & Millichap

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FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


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Request marketing package from listing agent for full details. 2036 Klamath Avenue is a 7-unit apartment building located just off Lawrence Expressway and Poinciana Drive. The property has a great mix of six large 2BR/1BA units and one townhouse-style 3BR/2.5BA unit. Four of the 2BR units have been renovated and the three remaining units can be renovated to significantly increase the building income. Pro forma cap rate on market rent is 5.49%, which does not take into account the increased income from renovating the remaining units. The two-story property totals 7,660 square feet of living space and is situated on an 11,535 square foot lot. The property is conveniently located near major employers in Santa Clara and Sunnyvale and lots of shopping centers along El Camino Real.

2036 Klamath Avenue

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