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Sold for $2,700,000
  • $2,700,000

    Reeve Santaclara, Santa Clara, CA 95050

    9beds
    8baths
    5,168sqft
    Five Or More Units, Residential Income
    Built in 1979
    -- sqft lot
    $2,843,900 Zestimate®
    $522/sqft
    $2,715 Estimated rent

    Home value

    $2,843,900

    $2.50M - $3.27M

    $2,715/mo

    Zestimate® history
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    $2,715/mo

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    $17,348/mo

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    $17,348/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jimmy Castellanos 02024152 408-483-5040,

    Marcus & Millichap 650-391-1700,

    Mitchell Zurich 01870648 408-888-9594

    Bought with:

    Jimmy Castellanos, 02024152

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML81975632MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Heating
    • Electric, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Features
    • Doors: None
    Interior area
    • Total structure area: 5,168
    • Total interior livable area: 5,168 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached
    • Garage spaces: 5
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 22426072
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1979

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Santa Clara

    Financial & listing details

    • Price per square foot: $522/sqft
    • Date on market: 8/5/2024
    • Listing agreement: ExclusiveRightToSell
    • Lease term: Month To Month

    Price history

    DateEventPrice
    8/23/2024Sold$2,700,000+1.9%$522/sqft
    Source: MLSListings Inc #ML81975632 Report a problem
    8/15/2024Pending sale$2,650,000$513/sqft
    Source: MLSListings Inc #ML81975632 Report a problem
    8/14/2024Contingent$2,650,000$513/sqft
    Source: MLSListings Inc #ML81975632 Report a problem
    8/5/2024Listed for sale$2,650,000$513/sqft
    Source: MLSListings Inc #ML81975632 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95050

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: ScottLaneElementary
    • Middle: BuchserMiddle
    • District: SantaClaraUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,843,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,843,900