171 Warren Drive

    Santa Clara, CA 95051
    • $2,650,000
    • STATUS: Active
    • ON SITE: 86 days
    • ID#: ML81717005
    UPDATED: 34 min ago
    $2,650,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $757
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Rare opportunity to own a well cared for 4-plex with Cupertino schools in a perfect commute location. All rents are way under market and all leases are expired so the new owner can come in and have full control of their investment. Speculated $11,000 +/- gross monthly income on future rents. The spacious 3 bedroom unit can be perfect owner's unit. Some units have private yards. 161 and 171 Warren can be sold together as they share a courtyard and the coin operated laundry. Just over 3 miles to the Apple campus, close to shopping and top rated schools this is a great investment pulling in good returns and good renters. Please do no disturb tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-23T16:39:39.033. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/89695185

    171 Warren Drive Santa Clara, CA 95051

    • Price: $2,650,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: ML81717005
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,500
    SQFT
    $757
    $/SQFT
    1962
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Santa Clara
    Area:
    699 - Not Defined
    Property Description
    Rare opportunity to own a well cared for 4-plex with Cupertino schools in a perfect commute location. All rents are way under market and all leases are expired so the new owner can come in and have full control of their investment. Speculated $11,000 +/- gross monthly income on future rents. The spacious 3 bedroom unit can be perfect owner's unit. Some units have private yards. 161 and 171 Warren can be sold together as they share a courtyard and the coin operated laundry. Just over 3 miles to the Apple campus, close to shopping and top rated schools this is a great investment pulling in good returns and good renters. Please do no disturb tenants.
    Exterior Features

    Carport Spaces 4.00 Foundation Details Slab Garage Spaces 0.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarportCarport Attached Parking Total 4.00 Parking YN Yes Roof Composition

    Interior Features

    Appliances Vented Exhaust FanRecirculated Exhaust Fan Appliances YN Yes Average1 Bed Area 1100 Average2 Bed Area 800 Average3 Bed Area 800 Heating Wall Heater Heating YN Yes Room Type Office

    Property Features

    Accessibility Features None Cap Rate 3.20 Gross Multiplier 27.46 Gross Scheduled Income 96500.00 Insurance Expense 2500.00 Maintenance Expense 2000.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 1500.00 Zoning R3

    Listing provided courtesy of Matthew Swenson of Alain Pinel Realtors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-23T16:39:39.033. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723