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Listed by Adam S. Levin • Marcus & Millichap, DRE#01462752
$7,225,000
Est. payment /mo
14,280 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 14,280 sqft
Price per Sqft $505
MLS Listing ID ML82038580
Year Built 1965
Lot Size 0.682 Acres
Property Sub-Type Five or More Units
Property Description
Bentley Square is a prime 17-unit townhome-style multifamily asset located at 3501 Lafayette St in the thriving city of Santa Clara, California. Situated on a parcel of land totaling 29,725 square feet, the subject property was originally constructed in 1965 and features a gross building area of approximately 14,280 square feet, offering its tenants 100% beautifully designed two-bedroom townhome-style floor plans. Tenants enjoy open floor plans featuring stainless steel energy-efficient appliances, air conditioning, luxury flooring, and large private patios. Additionally, the subject property offers tenants convenient community amenities such as private parking and a laundry facility. Santa Clara is a major city in Silicon Valley and the eighth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. The investment appeal of this asset is driven by Santa Claras strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Bentley Square is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R325D
Interior
Heating Central Forced Air
Cooling None
Exterior
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 101-07-009
Security Features None
Special Listing Condition Not Applicable
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