3499 Agate Drive is a premium 10-unit apartment complex in the highly desirable and rapidly growing city of Santa Clara. Constructed in 1961, this investment offers (8) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units, all of which have an assigned carport with ample storage space. Capital improvements include a remodel of 8 of the 10 units furnished with new appliances since 2020, roof was replaced in 2019, in addition to re-piping the whole building in 2022. This property spans approximately 7,176 gross rentable square feet and is set on an 12,197-square-foot lot. The property is close to top Silicon Valley tech employers, including Apple, Applied Materials, NVIDIA and more, which further enhances its appreciation potential. Finally, it features easy access to San Tomas Expressway, Central Expressway, Lawrence Expressway and is walking distance to the Lawrence Train station, grocery stores and many restaurants.
MLS# | ML81971381 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1961 |
Days On Site | 77 |
Listing Provided By | Intero Real Estate Services (408) 342-3000 | AJ Scott |
SQ Feet | 7,167 |
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Car Port | Yes |
Building(s) | 1 |
Zoning | R2 |
Acreage | 0.28 |
State | CA |
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County | Santa Clara |
City | Santa Clara |
Zip Code | 95051 |
Area | 699 Not Defined |
Listing VS Median (in 95051) | |
Price: $3,500,000 low | high Med: $1,378,000 SqFt: 7,167 low | high Med: 1,432 $ / SqFt: $488 low | high Med: $962 On Site: 77 low | high Med: 14.000000 |