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Multifamily

2464, 2468 & 2472 Karen Drive

2464 Karen Dr, Santa Clara, CA 95050

Listing Price: $5,100,000

Cap Rate
3.43%
Number of Units
9
GRM
16.38
Occupancy
97.0%
Price/Unit
$566,667
Price/Gross SF
$669.29
Gross SF
7,620

Investment Overview

Marcus & Millichap is pleased to present 2464, 2468 & 2472 Karen Drive in Santa Clara, California. This is a rare investment opportunity, offering three identical triplex buildings ideally situated on three adjoining lots. The properties are available for sale as a package or individually, catering to a range of investment strategies.

Each triplex was built in 1960 and offers two (2) 2 Bedroom x 1 Bathroom units, and one (1) 3 Bedroom x 1.5 Bathroom unit. Each unit has their own private garage.

Karen Drive is surrounded by a variety of amenities, shopping, dining, and transportation options. Enjoy the benefits of a high-demand area, with strong rental potential and a promising future for property value growth. Don’t miss out on this unique opportunity to acquire a trio of triplex buildings in a prime location. Whether you're looking to expand your investment portfolio or seeking a strategic addition to your real estate assets, these properties offer flexibility, potential, and value.

Investment Highlights

  • Three Triplexes on Three Adjoining Lots
  • Can be Sold Together or Individually
  • Mix of 2-Bedroom and 3-Bedroom Units
  • Private Garage Parking

Exclusively Listed By

Multifamily

2464, 2468 & 2472 Karen Drive

Listing Price: $5,100,000

Cap Rate
3.43%
Number of Units
9
GRM
16.38
Occupancy
97.0%
Price/Unit
$566,667
Price/Gross SF
$669.29
Gross SF
7,620

Investment Highlights

  • Three Triplexes on Three Adjoining Lots
  • Can be Sold Together or Individually
  • Mix of 2-Bedroom and 3-Bedroom Units
  • Private Garage Parking

Investment Overview

Marcus & Millichap is pleased to present 2464, 2468 & 2472 Karen Drive in Santa Clara, California. This is a rare investment opportunity, offering three identical triplex buildings ideally situated on three adjoining lots. The properties are available for sale as a package or individually, catering to a range of investment strategies. Each triplex was built in 1960 and offers two (2) 2 Bedroom x 1 Bathroom units, and one (1) 3 Bedroom x 1.5 Bathroom unit. Each unit has their own private garage. Karen Drive is surrounded by a variety of amenities, shopping, dining, and transportation options. Enjoy the benefits of a high-demand area, with strong rental potential and a promising future for property value growth. Don’t miss out on this unique opportunity to acquire a trio of triplex buildings in a prime location. Whether you're looking to expand your investment portfolio or seeking a strategic addition to your real estate assets, these properties offer flexibility, potential, and value.

Exclusively Listed By

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