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$6,000,000
Est. payment /mo
0.7 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82011327
HOA Y/N No
Year Built 1965
Annual Tax Amount $69,426
Lot Size 0.699 Acres
Property Description
Marcus & Millichap is pleased to present 2868 Homestead Road, a rare and desirable 15 unit townhome style apartment community offering investors a premium opportunity in one of Silicon Valleys most sought after submarkets. The property features thirteen 2 bedroom, 2.5 bathroom townhomes, one spacious 3 bedroom, 2.5 bathroom townhome, and one efficiency studio unit, providing a diverse and highly rentable configuration. Each unit includes central air conditioning and forced air heating, adding meaningful comfort and long term value. The townhome style layout serves as a major differentiator, offering multilevel living, private entrances, and increased space, which supports stronger rental income compared to traditional apartment units and appeals to a growing tenant base seeking more privacy and a higher quality living experience.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R1E3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 6
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Buchser
High Schools Santa Clara
School District Other
Others
Tax ID 29325034
Special Listing Condition Standard
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Listed by Jimmy Castellanos • Marcus & Millichap