MLS® ID: ML81739405
2062 Main ST
SANTA CLARA, California, 95050 $2,788,000
A RARE OPPORTUNITY! No rent control, with an upside potential and a +4.3% Cap Rate. This kind of a property is rarely available for sale! 2062 Main Street is strategically positioned in Santa Clara City, which is the center of Silicon Valley and is home to the headquarters of several high-tech companies. The subject property has a great location, 4-minute walk to Santa Clara University and 10-minute drive to San Jose International Airport. Main Street property is a six-unit apartment building, situated on 9,541 square foot lot (per county assessor) with approximately 4,210 square foot of building area (per county assessor). It has a great unit mix, consisting of two spacious two-bedroom/one-bath units and four one-bedroom/one-bath units. The property interior has gone under significant renovation in the last 6 months, as well as the exterior..