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1298 Reeve ST Santa Clara, CA 95050
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Key Details
Sold Price $2,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81975632
Sold Date 08/23/24
HOA Y/N No
Year Built 1979
Annual Tax Amount $30,965
Lot Size 0.374 Acres
Property Description
UNIT 101 open Friday and Saturday (8/9 & 8/10) from 11 AM to 1 PM. Presenting a highly unique mulitfamily opportunity at 1298 Reeve Street, in the heart of Santa Clara, CA. Built in 1979 on an expansive 0.37-acre lot, this distinctive property boasts five units, including two spacious three-bedroom units, a two-bedroom unit, and two cozy one-bedroom units. Each unit features its own garage, in-unit washers and dryers, and private backyards, offering residents unparalleled comfort and convenience. What sets 1298 Reeve Street apart is its potential for versatile living arrangements. The sizable three-bedroom owner's unit (UNIT 101) will be delivered vacant, presenting an ideal scenario for a home buyer to occupy this luxurious space while leasing out the remaining units to offset mortgage and tax expenses. This arrangement not only provides immediate income but also positions the property as a strategic investment in Santa Clara's thriving real estate market.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Electric, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 2
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Buchser
School District Other
Others
Tax ID 22426072
Financing Cash
Special Listing Condition Standard
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Bought with Jimmy Castellanos • Marcus & Millichap