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Investment Highlights

  • Exceptional Single-Story Unit Mix: (2) 3BD/2BA and (2) 2BD/1BA with in-unit washers/dryers, garages, A/C, and private yards
  • Rare Pride of Ownership Asset: Two duplexes totaling 4,068 SF on a large 0.20-acre lot with separate addresses and private entrances
  • Premium Silicon Valley Location: ~1 mile from Apple Headquarters and walking distance to Kaiser Permanente Medical Center
  • $13,940/Month in Current Rental Income: Established income stream with additional upside

Executive Summary

Open House: Sunday, September 13th | 2:00 PM-4:00 PM
Magnify is pleased to present 3451-3453 Princeton Way and 3452-3454 Homestead Road in Santa Clara. This rare asset consists of two single-story duplexes totaling 4,068 building square feet on a large 0.20-acre lot, with separate addresses and private entrances for each unit. Constructed in 1964, the property features an outstanding unit mix of (2) 3BD/2BA and (2) 2BD/1BA units, generating nearly $14,000 in monthly rental income with further upside. The units have been beautifully updated and feature in-unit washers/dryers, garages, private yards, dishwashers, microwaves, fireplaces, and formal dining areas. Recent capital improvements include quartz countertops, updated cabinetry, flooring, stainless steel appliances, hardscaped patios, and more. This is an exceptional opportunity for an owner-user or investor to acquire a premium four-unit property in one of Silicon Valley's most desirable neighborhoods, where nearby homes and duplexes routinely command values exceeding $2M. The property is ideally located approximately 1 mile from Apple Headquarters and within walking distance of Kaiser Permanente Santa Clara Medical Center, while offering convenient access to major employers, shopping, dining, and other Silicon Valley amenities.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,988,152 CAD
Price Per Unit $997,038 CAD
Sale Type Investment
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Lot Size 0.20 AC
Building Size 4,068 SF
Average Occupancy 100%
No. Stories 1
Year Built 1964
Parking Ratio 1.97/1,000 SF
Zoning R2 - Low-Density Residential Zone

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Stainless Steel Appliances
  • Double Pane Windows
  • Patio
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 2 $5,545 CAD 1,125
2+1 2 $4,057 CAD 910
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 42113197

  • Date on Market: 2026-09-10

  • Last Updated:

  • Address: 3451 Princeton Way, Santa Clara, CA 95051

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