$2,300,000
$200K PRICE DROP

920 Clyde Ave Santa Clara, CA 95054

North Santa Clara Neighborhood

Estimated payment $14,410/month

Total Views 33,138
11 Beds
6 Baths
4,371 Sq Ft
$526 Price per Sq Ft

About This Home

OWNER USERS!!!!!!! Welcome to this stunning 4,371 sq ft triplex/apartment home located in the vibrant city of Santa Clara. The owner's unit features modern flooring throughout, adding a touch of sophistication to every room. For your convenience, there is an onsite laundry area. The apartment homes are located within the Santa Clara Unified School District. Don't miss the opportunity to own this beautiful property in a prime location! The property has upgraded interiors , central AC and forced air heating. The windows have been upgraded. The property benefits from mature landscaping and has excellent curb appeal. The property is located in the center of Silicon Valley - Major employments hubs, transportation and national retailers are all minutes away. The City of Santa Clara does not have rent control but the property is governed by AB 1482- Under 1482, a new owner would be allowed to raise rents 5% plus CPI per year. The City of Santa Clara has their own utility company . The City of Santa Clara allows a landlord to recapture RUBS. The pipeline for new market rate MF housing is almost zero due to high construction costs. The demand for apartments is increasing.

Listing Agent

Michael Henshaw

Marcus & Millichap License #01134592 Listed on: 02/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Unreinforced Masonry Building

Interior Spaces

  • 4,371 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 10,711 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $3,000
  • Maintenance Expense $1,500
  • Other Expense $100
  • Utility Expense $2,500
  • Trash Expense $2,500
  • Operating Expense $39,413
  • Gross Income $134,422

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4371
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 4371
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter, Unreinforced Masonry
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Off-Street Parking, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2459
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10710.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10710.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 16.94
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3000
  • Expense Landscape: 600
  • Expense Maintenance: 1500
  • Expenses Other: 100
  • Expenses Total: 39413
  • Expenses Utility: 2500
  • Expense Trash: 2500
  • Income Annual Gross: 134422.00
  • Income Annual Rental: 135780
  • Income Gross Scheduled: 135780
  • Income Includes: Laundry, Rents
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas, Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Supplies, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Price Changed $2,300,000 -4.2% $526 / Sq Ft
03/24/2025 03/24/25 Price Changed $2,400,000 -4.0% $549 / Sq Ft
02/17/2025 02/17/25 For Sale $2,500,000 -- $572 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML81994390

MLSListings

APN: 101-20-026

California Santa Clara County Santa Clara 95054 North Santa Clara

920 Clyde Ave, Santa Clara, CA

For Sale

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Michael Henshaw
Listing Agent
Michael Henshaw
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Marcus & Millichap
(669) 322-1806