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 (Subsidized Housing), 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.
MLS #
ML82013844
MLS Source
MLSListings, Inc.
Days on Site
9
Flooring
Hardwood, Laminate, Tile
Cooling
Central Forced Air
Heating
Central Forced Air
Roof
Composition
Foundation
Concrete Perimeter
Garage/Parking
On Street, Garage: 0 Car(s)
Elementary District
Santa Clara Unified
High School District
Santa Clara Unified
Sewer
Public Sewer
Water
Public
Zoning
R3
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 9 | 10 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 463 | 1 | 1/0 | – | – | 10 |
2070 3rd St is a Residential Income in Santa Clara, CA 95054. This 4,632 square foot property sits on a 0.287 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,998,000 and was built in 1957.
This address can also be written as 2070 3rd St, Santa Clara, CA 95054.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 09, 2025. For the most current information, please contact Will Tharp, (650) 918-0742