184 Roxbury St 6 Unit Apartment Building $3,222,794 CAD ($537,132 CAD/Unit) 4.07% Cap Rate Santa Clara, CA 95050

Jimmy Castellanos is pleased to present 184 Roxbury Street in Santa Clara, CA. This investment presents a unique opportunity to capitalize on one of Silicon Valley's most desirable cities. This charming six-unit multifamily community, built in 1960, offers 4,484 square feet of rentable space and is situated on a 6,600 square foot lot. The property consists of four spacious one-bedroom and two two-bedroom units, providing a variety of living options for residents.
Located just 0.7 miles from Santa Clara University, 184 Roxbury Street is positioned in the heart of Silicon Valley, surrounded by major tech companies and thriving institutions. The proximity to industry giants such as NVIDIA, Intel, Intuit Surgical, and the San Francisco 49ers, enhances the appeal of this property to potential renters. As of October 2024, the average median home price in Santa Clara is $1.8 million, underscoring the significant value proposition this multifamily property represents. At a listing price of $2,355,000, roughly $392,000 per unit, 184 Roxbury Street offers a compelling investment opportunity, well below the cost of single-family homes in the area.