Santa Clara, CA 95051,2868 Homestead RD
Listed by Jimmy Castellanos • Marcus & Millichap
Bought with AJ Decristoforo • Marcus & Millichap

$6,000,000

$6,000,000

Est.Price: ?

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Est. payment /mo

5 Beds

6 Baths

16,196 SqFt


SOLD DATE : 08/01/2025

Key Details

Sold Price $6,000,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 16,196 sqft

Price per Sqft $370

MLS Listing ID ML82011327

Sold Date 08/01/25

Bedrooms 5

Full Baths 5

Half Baths 2

Year Built 1965

Lot Size 0.699 Acres

Property Sub-Type Five or More Units

Property Description

Marcus & Millichap is pleased to present 2868 Homestead Road, a rare and desirable 15 unit townhome style apartment community offering investors a premium opportunity in one of Silicon Valleys most sought after submarkets. The property features thirteen 2 bedroom, 2.5 bathroom townhomes, one spacious 3 bedroom, 2.5 bathroom townhome, and one efficiency studio unit, providing a diverse and highly rentable configuration. Each unit includes central air conditioning and forced air heating, adding meaningful comfort and long term value. The townhome style layout serves as a major differentiator, offering multilevel living, private entrances, and increased space, which supports stronger rental income compared to traditional apartment units and appeals to a growing tenant base seeking more privacy and a higher quality living experience.

Location

State CA

County Santa Clara

Area Santa Clara

Building/Complex Name Homestead GardenTownhomes

Zoning R1E3

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Parking Features Common Parking Area, Detached Garage, Uncovered Parking

Garage Spaces 14.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 293-25-034

Security Features None

Special Listing Condition Not Applicable

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