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3rdSanta Clara, CA 95054

For Sale

$2,888,000

Smart Buyer Rebate $28,880

2070 3rd St presents a rare opportunity to acquire a well-maintained 10-unit multifamily property in the heart of Silicon Valley. The building consists of (10) 1BD/1BA units, attracting single professionals and couples in the area. It offers 4,632 square feet of rentable space on a 12,500 square foot lot, providing a low-density layout with potential for future development. Each unit includes A/C, forced-air heating, dual pane windows, and a separate water heater, offering comfort and energy efficiency. Additional features include on-site laundry and a brand new roof. The property generates strong cash flow with in-place rents and further upside.

Located near major tech employers such as Intel, Nvidia, Oracle, and Levi's Stadium, the property benefits from strong rental demand, low vacancy rates, and long-term growth. Additionally, the property is just a few blocks from Related Santa Clara, the 240 Acre and 9.2M square foot planned mega development of mixed-use real estate. With close proximity to highways (101, 880, 237), public transportation, retail, and dining, the property is ideally positioned for tenant convenience and long-term investment performance. This asset offers a compelling mix of steady income and value-add potential in a prime location.

Listed by Will Tharp

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License #01984173

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Magnify Real Estate

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650-918-0742

Last updated August 19, 2025

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Source: MLSListings #ML82013844

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth 101
  • Days on Prevu61
  • Size4,632 sqft
  • Price per sqft$623

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

08/19/2025
Price Decreased
$2,888,000
07/08/2025
Listed by Magnify Real Estate
$2,998,000

Property Details for 3rd

Association

General

  • Number Of Units In Community: 10

Exterior

Construction

  • Roof: Composition
  • Year Built: 1957

Measurements

  • Building Area Total: 4,632
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,500
  • Lot Size Square Feet: 12,500

Financial

Taxes

  • Parcel Number: 104-10-043

Interior

Features

  • Flooring: Hardwood, Laminate, Tile

Measurements

  • Living Area: 4,632

Parking

Parking

  • Carport: Yes
  • Parking Features: On Street

Schools

Elementary School

  • Elementary School District: Santa Clara Unified

High School

  • High School District: Santa Clara Unified

Utilities

Equipment

  • Cooling: Central Forced Air
  • Heating: Central Forced Air
  • Sewer: Public Sewer
  • Utilities: Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.