2868 Homestead RD new

Santa Clara,CA 95051

$ 6000000

5 Beds

6 Baths

16196 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 16,196 sqft

Price per Sqft $370

MLS Listing ID ML82011327

Bedrooms 5

Full Baths 5

Half Baths 2

Year Built 1965

Lot Size 0.699 Acres

Property Sub-Type Five or More Units

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 Santa Clara

Building/Complex Name Homestead GardenTownhomes

Zoning R1E3

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Parking Features Common Parking Area,Detached Garage,Uncovered Parking

Garage Spaces 14.0

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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