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33258323
33258316

94 Roxbury Street, Santa Clara, CA 95050

MZ
CA CA 01870648
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto
$2,075,000
15 days on market
Updated 1 day ago

94 Roxbury St,

Details
APN 269-57-014
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,475
Units 4
Cap Rate 3.51%
NOI $72,857
Occupancy 75%
Tenancy Multi
Pro-Forma Cap Rate 5.20%
Pro-Forma NOI $107,893
Price per SqFt $597
Year Built 1959
Acreage 0.150
Investment Type Value Add
Ownership Fee Simple

94 Roxbury Street, Santa Clara, CA 95050

Marketing description

94 Roxbury Street presents a rare opportunity to acquire a well-located four (4) unit multifamily asset in the heart of Santa Clara. Constructed in 1959, the property sits on a 6,060 square foot lot and offers approximately 3,475 square feet of rentable living space. The unit mix consists of one (1) 1-Bedroom / 1-Bathroom unit, two (2) 2-Bedroom / 1-Bathroom units, and one (1) 2-Bedroom + Den / 1.5-Bathroom unit, providing an attractive blend of layouts that appeal to a wide tenant base. The property offers desirable on-site amenities including a shared laundry facility and five covered parking spaces, enhancing tenant convenience and long-term retention.

Ideally positioned just 0.9 miles from Santa Clara University and 1.4 miles from the Santa Clara Caltrain Station, the asset benefits from exceptional connectivity throughout the Peninsula and Silicon Valley. This central location offers seamless access to major employment hubs spanning from San Jose to San Francisco, making it an ideal rental option for commuters.

Tenants enjoy close proximity to a wide range of retail, dining, and entertainment options, including the Costco Shopping Center located approximately 1.9 miles north and Santana Row just 1.8 miles to the south. In addition, the property is surrounded by some of the region’s largest and most influential employers, including OpenAI, NVIDIA, Apple, and numerous leading technology and semiconductor companies.

Investment highlights

  • Fourplex Investment Property
  • Surrounded by Major Silicon Valley Employers including OpenAI, NVIDIA,  Apple, and Leading Semiconductor and Technology Firms
  • On-Site Laundry Facility and Four Covered Parking Spaces
  • Close Proximity to Downtown Santa Clara & Santa Clara Caltrain Station

Listing Contacts

MZ
CA CA 01870648
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$72,857.00
$6,071.42/mo

Valuation Metrics

0
DSCR
3.51%
Cap Rate
3.51%
ROI

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Additional Information

Name
Tony Solomon
License
CA 1238010
Title
Broker of Record
Name
Mitchell Zurich
License
CA 01870648
Brokerage
Marcus & Millichap
Brokerage Phone
6503911824
Title
Senior Managing Director
Brokerage Address
2626 Hanover Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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