184 Roxbury St
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184 Roxbury St
6 Unit Apartment Building $2,395,000 ($399,167/Unit) 4.05% Cap Rate Santa Clara, CA 95050
Investment Highlights
- Prime Location: Just 0.7 miles from Santa Clara University and close to major employers like NVIDIA, Intel, and Levi's Stadium.
- Diverse Unit Mix: Features four spacious one-bedroom units and two two-bedroom units, catering to a variety of tenant needs.
- Solid Investment: Listed at $2,395,000, or approximately $400,000 per unit, offering exceptional value compared to the $1.8M median home value in SC.
Executive Summary
Jimmy Castellanos is pleased to present 184 Roxbury Street in Santa Clara, CA. This investment presents a unique opportunity to capitalize on one of Silicon Valley's most desirable cities. This charming six-unit multifamily community, built in 1960, offers 4,484 square feet of rentable space and is situated on a 6,600 square foot lot. The property consists of four spacious one-bedroom and two two-bedroom units, providing a variety of living options for residents.
Located just 0.7 miles from Santa Clara University, 184 Roxbury Street is positioned in the heart of Silicon Valley, surrounded by major tech companies and thriving institutions. The proximity to industry giants such as NVIDIA, Intel, Intuit Surgical, and the San Francisco 49ers, enhances the appeal of this property to potential renters. As of October 2024, the average median home price in Santa Clara is $1.8 million, underscoring the significant value proposition this multifamily property represents. At a listing price of $2,395,000—roughly $400,000 per unit—184 Roxbury Street offers a compelling investment opportunity, well below the cost of single-family homes in the area.
Located just 0.7 miles from Santa Clara University, 184 Roxbury Street is positioned in the heart of Silicon Valley, surrounded by major tech companies and thriving institutions. The proximity to industry giants such as NVIDIA, Intel, Intuit Surgical, and the San Francisco 49ers, enhances the appeal of this property to potential renters. As of October 2024, the average median home price in Santa Clara is $1.8 million, underscoring the significant value proposition this multifamily property represents. At a listing price of $2,395,000—roughly $400,000 per unit—184 Roxbury Street offers a compelling investment opportunity, well below the cost of single-family homes in the area.
Property Facts
| Price | $2,395,000 | Building Class | C |
| Price Per Unit | $399,167 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,484 SF |
| Cap Rate | 4.05% | Average Occupancy | 66% |
| Gross Rent Multiplier | 16.49 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 1.34/1,000 SF |
| Property Subtype | Apartment |
| Price | $2,395,000 |
| Price Per Unit | $399,167 |
| Sale Type | Investment |
| Cap Rate | 4.05% |
| Gross Rent Multiplier | 16.49 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,484 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.34/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,513 | - |
| 1+1 | 4 | $2,119 | - |
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Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 269-57-009 | Improvements Assessment | $146,096 |
| Land Assessment | $37,717 | Total Assessment | $183,813 |
PROPERTY TAXES
Parcel Number
269-57-009
Land Assessment
$37,717
Improvements Assessment
$146,096
Total Assessment
$183,813
zoning
| Zoning Code | R325 (04 - Five Or More Family) |
| R325 (04 - Five Or More Family) |
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184 Roxbury St
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