$1,325,000
SOLD SEP 9, 2024

962 Di Giulio Ave Santa Clara, CA 95050

North Santa Clara Neighborhood
4 Beds
4 Baths
1,600 Sq Ft
6,408 Sq Ft Lot

Recently Sold

$828 Per Sq Ft

6% Above List Price

28 Days on Market

About This Home

As of September 2024

962-968 Di Giulio Ave presents an exceptional opportunity to acquire a 4-unit multifamily asset located in the thriving city of Santa Clara, California. Situated on a parcel of land totaling 6,409 square feet, the subject property was originally constructed in 1952, and features a gross building area of approximately 1,600 square feet, offering its tenants beautifully designed one-bedroom floor plans. The subject property also offers its tenants convenient amenities such as private parking and private backyard space. 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. 962-968 Di Giulio Ave offers tenants convenient access to the rest of the Bay Area with its proximity to the major transportation corridors of U.S Highway 101, California State Route 82, Interstate 880, as well as several transit options provided by Caltrain and Santa Clara Valley Transportation Agency (VTA). Additionally, the subject property is conveniently located within close proximity to Downtown San Jose (4.2mi), Santa Clara University (1.1mi), PayPal Park (1.7mi), and Santana Row (3.6mi).

Last Agent to Sell the Property

Arman Sadigh

Marcus & Millichap License #02191036 Listed on: 08/08/2024

Co-Listed By

Robert Johnston

Marcus & Millichap License #01853816

Last Buyer's Agent

Dan Gluhaich

Intero Real Estate Services License #00963076

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 6,408 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $82,200
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $1,440
  • Maintenance Expense $2,000
  • Other Expense $900
  • Utility Expense $8,615
  • Operating Expense $30,125
  • Gross Income $79,734

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: ML
  • Subclass: Fourplex
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 1600
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1471
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6409.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6409.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.19
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1440
  • Expense Landscape: 2400
  • Expense Maintenance: 2000
  • Expenses Other: 900
  • Expenses Total: 30125
  • Expenses Utility: 8615
  • Income Annual Gross: 79734.00
  • Income Annual Rental: 82200
  • Income Gross Scheduled: 82200
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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Range of Values:

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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 Change Sq Ft Price
09/09/2024 09/09/24 Sold $1,325,000 +6.1% $828 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $1,249,000 -- $781 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Arman Sadigh

    Seller's Agent in 2024

    Arman Sadigh

    Marcus & Millichap

    (408) 664-8512

    2 in this area

    10 Total Sales

    Arman Sadigh
    Section Image
  • Robert Johnston

    Seller Co-Listing Agent in 2024

    Robert Johnston

    Marcus & Millichap

    (510) 304-8077

    2 in this area

    137 Total Sales

    Robert Johnston
    Section Image
  • Dan Gluhaich

    Buyer's Agent in 2024

    Dan Gluhaich

    Intero Real Estate Services

    (408) 201-0120

    1 in this area

    43 Total Sales

    Dan Gluhaich
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81975970

MLSListings

APN: 224-05-047

California Santa Clara County Santa Clara 95050 North Santa Clara

962 Di Giulio Ave, Santa Clara, CA

This home is located at 962 Di Giulio Ave, Santa Clara, CA 95050 and is currently priced at $1,325,000, approximately $828 per square foot. This property was built in 1952. 962 Di Giulio Ave is a home located in Santa Clara County with nearby schools including Scott Lane Elementary School, Buchser Middle School, and Santa Clara High School.

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