1350 Warburton Avenue

Santa Clara, CA 95050

$2,650,000
Price
Beds
4,756 Sq. Ft.
$557 / Sq. Ft.
4,756
Sq. Ft.
$557
per Sq. Ft.

Description

Offer date: 5/17 @ 12 pm! 1350 Warburton Avenue is a unique 8-unit apartment complex in the highly desirable and rapidly growing city of Santa Clara. The subject property, built in 1958, spans approximately 4,756 gross rentable square feet (per county assessor) and is set on an 8,700-square-foot lot (per county assessor). The asset offers a distinctive floor plan of six (6) one-bedroom/one-bathroom units and two (2) two-bedroom/one-bathroom units. The property is located near Santa Clara's City Hall...Offer date: 5/17 @ 12 pm! 1350 Warburton Avenue is a unique 8-unit apartment complex in the highly desirable and rapidly growing city of Santa Clara. The subject property, built in 1958, spans approximately 4,756 gross rentable square feet (per county assessor) and is set on an 8,700-square-foot lot (per county assessor). The asset offers a distinctive floor plan of six (6) one-bedroom/one-bathroom units and two (2) two-bedroom/one-bathroom units. The property is located near Santa Clara's City Hall and the widely talked about NVIDIA Headquarters, making it a standout investment opportunity with a promising return on investment. Additionally, the property hosts a significant amount of parking with six carport spaces and one open space. There is also ample street parking in the residential community surrounding the apartment.

Property Details for 1350 Warburton Avenue

MLS City Name
SANTA CLARA
Building Type
Other
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152; Los Gatos Properties, Alexandra Celo-Cruz, DRE #01482661
Add your commute
LISTING UPDATED: 05/08/2024 04:15 PM

Property Details for 1350 Warburton Avenue

StatusActive
MLS #ML81964582
Days on Compass12
Taxes$30,965 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1958
Lot Size0.19 AC / 8,276 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152; Los Gatos Properties, Alexandra Celo-Cruz, DRE #01482661
Add your commute

Building Information for 1350 Warburton Avenue

Stories-Residences-Year Built1958Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$17,043 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,462

Property Taxes

$2,580

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1350 Warburton Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 4756
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 8
Garage
  • Garage and Parking: Covered Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Santa Clara
  • Restrictions: None
  • Roof: Other
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1350
  • Street Name: Warburton
  • Street Suffix: Avenue
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 4756
  • Structure SqFt Source: Assessor
  • Age: 66
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R336
Location Information
  • Parcel Number: 224-25-005
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95050
  • Elementary School District: 483
  • High School District Text: Santa Clara Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .19
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 8
General Information
  • Annual Tax Amount: $30,965
  • Capitalization Rate: 4.09
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $8,800
  • Expense Landscape: $2,200
  • Expense Maintenance: $4,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $248
  • Expenses Utility: $17,712
  • Expenses Total: $63,925
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities
  • Gross Rent Multiplier: 14.93
  • Income Annual Gross: $172,208
  • Income Annual Rental: $175,428
  • Income Gross Scheduled: $177,534
  • Income Other: $2,106
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,500
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,000

Property History for 1350 Warburton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1350 Warburton Avenue

Taxable ValueLand$199,126Additions$458,015Total$657,141
Tax Record2023$7,954 ($663 / month)
Home Facts
Total Finished SqFt4,756 SqFtAbove Grade Finished SqFt4,756 SqFtStories2Lot Size8,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningR336CountySANTA CLARAAPN224-25-005Fireplace TypeHas Fireplace

Schools near 1350 Warburton Avenue

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Scott Lane Elementary School
PublicK to 5

Buchser Middle School
Public6 to 8

Santa Clara High School
Public9 to 12

Wilson Alternative School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1350 Warburton Avenue is a multi-family home for sale in Santa Clara, CA 95050. This property was listed for sale on May 7, 2024 by Marcus & Millichap, it's currently listed at $2,650,000. This listing's school district is Santa Clara Unified School District. Nearby schools include Scott Lane Elementary School, Buchser Middle School and Santa Clara High School. 1350 Warburton Avenue is a 0-bed, 0-bath, 4,756 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152; Los Gatos Properties, Alexandra Celo-Cruz, DRE #01482661

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.