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Listed by Eric Katz • Magnify Real Estate
$ 5,988,000
Est. payment | /mo
11,186 SqFt
$ 5,988,000
Est. payment | /mo
11,186 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,186 sqft
Price per Sqft $535
MLS Listing ID ML82017170
HOA Y/N No
Year Built 1959
Lot Size 0.448 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Magnify is pleased to present 2104 Royal Drive, a compelling multifamily investment opportunity in the heart of Silicon Valley. Built in 1959, this well-maintained 17-unit property spans 11,186 square feet on a generous 19,166 sqft lot. The property features a newer 50-year composition shingle roof, luxury vinyl tile flooring, dual-pane windows, & more. The unit mix caters to a diverse tenant base, from young professionals to small families, with (12) 1BD/1BA, (4) 2BD/1BA, and (1) 3BD/2BA unit. Residents enjoy a welcoming interior courtyard, a community laundry room, and assigned carports. With strong fundamentals and value-add potential, this asset is ideally positioned for investors seeking long-term growth and stable returns in a high-demand rental market. The property is within minutes of leading tech employers such as NVIDIA, Intel, and Applied Materials, with easy connectivity to the greater Bay Area via US-101 and I-880. It is also in close proximity to premier lifestyle destinations including Santana Row, Westfield Valley Fair, Levis Stadium, and Santa Clara University. With its prime location, solid unit mix, and proximity to world-class employers and amenities, 2104 Royal Dr is a standout asset in one of the most resilient and innovation-driven markets in the country.
Location
State CA
County Santa Clara
Interior
Heating Natural Gas, Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227