The Multifamily Team of Colliers International is pleased to present the opportunity to acquire 1050 Clyde Avenue, a 4-plex apartment building in the highly desirable North Santa Clara neighborhood. This property is also owned by the same owner as 1080 Clyde and can be purchased separately or together. Constructed in 1963, the property consists of two (2) three-bedroom/two-bathroom units and two (2) two-bedroom/one-bathroom units on a 8,235 square foot lot. The building is composed of a wood-frame construction with a single-ply flat roof and has a gross-livable area of 4,388 square feet. The South Bay is home to some of the largest employers in the country including: Adobe, Nividia, Advanced Micro Devices, Intel Corp, Ebay, Cisco Systems and many more. The investment appeal of this asset is driven by Santa Claras strong employment fundamentals and low vacancy levels.
Listing courtesy of Eric Katz from Colliers Parrish InternationalSelling Office: S9928.
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