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Milpitas, CA Multifamily Home for Sale

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    $1,689,000

    $59K PRICE DROP
    • Studio
    • 1,870 Sq Ft

    1260 Glacier Dr, Milpitas, CA 95035

    PRICE IMPROVEMENT! If you're looking for an investment property with $8,000+ per month rents in a sought after neighborhood, look no further. This shared residence accommodates 8 renters under contract, each occupying their own bedroom, with shared kitchen and laundry. Internet currently provided. Two primary bedrooms with ensuite bath, and the two additional full bathrooms are shared by the

    Earle Makin Tera Real Estate

    1260 Glacier Dr, Milpitas, CA 95035

Why Live in Milpitas

Milpitas, California, located 8 miles from San Jose, is a city known for its convenience and relatively low housing costs compared to other Silicon Valley areas. The city is culturally diverse and welcoming, appealing to a wide range of residents. Milpitas Unified School District is highly rated, with nine of its ten elementary schools and both middle schools receiving at least an A-minus grade, and Milpitas High School noted for its strong STEM program. The Great Mall, the largest outlet mall in California, is a major retail center, featuring stores like Kohl’s and Dick’s Sporting Goods, and hosts the Milpitas Farmers’ Market every Sunday. Dining options include a variety of international cuisines, steakhouses, and local breweries like IBU Taproom. Outdoor attractions are abundant, with 30 parks, including the expansive Ed R. Levin County Park, offering hiking, biking, and fishing. The Milpitas Sports Center provides facilities for various sports, while nearby golf courses cater to golf enthusiasts. Crime rates in Milpitas are below national averages, contributing to a sense of safety among residents. The city’s location near Interstates 680 and 880 facilitates commuting to surrounding Bay Area cities, though vehicle emissions and a nearby landfill can affect air quality. Housing styles in Milpitas range from 1960s and 70s ranch-style houses to Mediterranean-influenced modern builds and Craftsman bungalows, with newer multi-story homes in the southeastern part of the city.

Home Price Trends

Median Sale Price
$1,300,000
Median Single Family Sale Price
$1,601,000
Median Townhouse Sale Price
$1,230,000
Median 2 Bedroom Sale Price
$891,860
Median 1 Bedroom Sale Price
$415,000
Average Price Per Sq Ft
$853
Number of Homes for Sale
109
Last 12 months Home Sales
387
Months of Supply
3.40
Median List Price
$1,288,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
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