3501 Lafayette Street, Santa Clara, CA 95054

$7,225,000

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List Price
$7,225,000
Status
ACTIVE
MLS#
ML82038580
Year Built
1965
Lot Size
29,709
Acres
0.68
Days on Market
186
Property Type
Commercial

Property Description

Bentley Square is a prime 17-unit townhome-style multifamily asset located at 3501 Lafayette St in the thriving city of Santa Clara, California. Situated on a parcel of land totaling 29,725 square feet, the subject property was originally constructed in 1965 and features a gross building area of approximately 14,280 square feet, offering its tenants 100% beautifully designed two-bedroom townhome-style floor plans. Tenants enjoy open floor plans featuring stainless steel energy-efficient appliances, air conditioning, luxury flooring, and large private patios. Additionally, the subject property offers tenants convenient community amenities such as private parking and a laundry facility. Santa Clara is a major city in Silicon Valley and the eighth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. The investment appeal of this asset is driven by Santa Claras strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Bentley Square is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Additional Information

Taxes
$85,970
Heat
Central
Cooling
Yes
Cooling Description
None
Roof
Composition
Water
Public
School District
Other
Attached Structure
Detached
Number Of Units Total
17
Gross Scheduled Income
$541,450

Listing courtesy of Listing Agent: Adam S. Levin (alevin@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.