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$5,988,000
Est. payment /mo
0.45 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82017170
HOA Y/N No
Year Built 1959
Annual Tax Amount $69,918
Lot Size 0.448 Acres
Property Description
2104 Royal Dr presents 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 sq ft lot. The property features a new 50-year composition shingle roof, luxury vinyl tile flooring, dual-pane windows, and more. The unit mix caters to a diverse tenant base, from young professionals to small families, and includes 12 1BD/1BA, 4 2BD/1BA, and 1 3BD/2BA unit. Residents enjoy a welcoming interior courtyard, a community laundry room, and 17 covered carports. With strong in-place 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
Area 699 - Not Defined
Zoning R325
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 17
Roof Type Composition,Shingle
Building
Water Public
Schools
School District Other
Others
Tax ID 22418060
Special Listing Condition Standard
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Listed by Eric Katz Magnify Real Estate
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