2173 AZA DR, SANTA CLARA, CA 95050

2173 Aza Drive is a centrally located, 8-unit multifamily investment opportunity in Santa Clara, offering an attractive unit mix, desirable on-site amenities, and significant value-add potential through interior upgrades. Built in 1959, the 5,640-square-foot apartment community is situated on a 0.22-acre lot.

The property consists of a well-maintained, two-story building comprised of (4) two-bedroom/one-bath units and (4) one-bedroom/one-bath units with an average unit size of 705 square feet, catering to a wide range of tenants from Silicon Valley professionals to long-term households. Situated in one of the region’s most supply-constrained rental markets, the asset enjoys outstanding proximity to major employment and lifestyle nodes—located less than three miles from Westfield Valley Fair and Santana Row, and just minutes from the Santa Clara Caltrain Station, providing convenient transit access throughout the Peninsula and greater Bay Area.

Units are spacious and feature wall heating, functional kitchens equipped with separate stovetops and ovens, abundant cabinet space, and a mixture of carpet, tile, and vinyl wood-plank flooring. Residents also benefit from strong on-site amenities, including eight covered parking spaces and a dedicated community laundry facility supporting tenant convenience.

The asset is supported by a robust tenant base and a diverse regional employment hub within a high-demand, low-vacancy submarket. Fueled by a deeply resilient local workforce, the property benefits from a dense concentration of major institutional employers, including tech manufacturing, Santa Clara University, Kaiser Permanente, and extensive service-sector retail hubs.

With strong underlying fundamentals, 2173 Aza Drive presents an immediate opportunity to strategically reposition the asset and capture substantial rental upside in one of Santa Clara’s most desirable multifamily corridors.