Homestead Apartments

For Sale

2705 Homestead Road, Santa Clara, CA 95051

This Santa Clara property for sale is located at 2705 Homestead Road. The current listed sale price for Homestead Apartments is $6,200,000. Homestead Apartments is situated on a lot that is 0.44 acre in size.

Contacts

Tony Odom

Compass Commercial - San Francisco & Los Angeles

Property Details

  • Property Type Multi-Family
  • Property Size 12,392 SF
  • Units 19
  • Lot Size 0.44 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Date Updated Jun 11, 2026
Discover the prime investment potential of the Silicon Valley. This vibrant area is renowned for its dynamic job market, thanks to being home to the global headquarters of tech giants like Apple, Google, Facebook, Nvidia and countless others. With a strong demand for housing and a bustling economy, the area presents an exciting opportunity for multifamily investors. This property offers convenient access to shopping and dining directly across the street. Escape to nearby Central Park offering 52 acres of recreation including playgrounds, athletic courts/fields, swimming pool, picnic areas and barbeques. Just across from Central Park is the Community Recreational Center. The Central Park Library is just steps away from the property along Homestead Road. Santa Clara University, Santana Row and Westfield Valley Fair Mall are all nearby. The property offers the chance to tap into a thriving community and capitalize on the region's continued growth and desirability.Introducing a prime investment opportunity in the heart of Santa Clara, CA. This property boasts an 18,888 SF building with 19 units, all 100% occupied. Built in 1960 and zoned R3, this ideal multifamily/low-rise/garden property offers a solid investment in the sought-after Silicon Valley. With its impressive occupancy rate and prime location, this property promises exceptional returns and long-term potential. Don't miss the chance to acquire this lucrative investment in the thriving Santa Clara market.
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Highlights

  • 1 Bedroom/1 Bath - 12 Units
  • 19 Unit Multi-Family Investment
  • 2 Bedroom/1 Bath - 6 Units
  • Below Market Rents
  • Covered Parking Spaces
  • Current Cap Rate: 4.87%
  • Current GRM: 14.43
  • Gross Square Footage: 18,888
  • Large Recreational Park 1 Block Away
  • Lot Size: 0.44 Acres
  • Major High Tech Employment Hub
  • Major Shopping Center Directly Across the Street
  • On-Site Laundry Facilities for Additional Income
  • Price per Square Foot: $328.251
  • Price per Unit: $326,316
  • Pro Forma Cap Rate: 5.90%
  • Pro Forma GRM: 10.80
  • Studio - 1 Unit
  • Superior Location in the Heart of Silicon Valley
  • Type of Ownership: Fee Simple

Getting around

  • 78/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 81/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Santa Clara, CA
  • Zip Code 95051
  • Market Bay Area

Points of Interest

  • Santa Clara

    2.38 miles

  • RideStop - Santa Clara Square - 3

    3.00 miles

  • RideStop - Santa Clara Square - 5

    3.03 miles

  • Ride Stop - Santa Clara Square 4

    3.06 miles

  • RideStop - Santa Clara Square 2

    3.06 miles

  • RideStop - Santa Clara Square 1

    3.06 miles

  • Stop 2

    3.34 miles

  • Metro/Airport

    3.92 miles

  • Gish

    3.95 miles

  • Karina

    3.97 miles

  • Arco

    0.10 miles

  • Blink

    0.18 miles

  • ChargePoint

    0.32 miles

  • 76

    0.88 miles

  • Valero

    0.93 miles

  • Homestead Car Wash

    0.97 miles

  • US Pro Gasoline

    1.17 miles

  • Chevron

    1.23 miles

  • Beam

    1.74 miles

  • Sofi Sunnyvale Apartments

    2.18 miles

  • Parks Division Service Center City of Santa Clara

    0.47 miles

  • Earl Carmichael Park Parking

    0.90 miles

  • Homestead Shopping Center

    1.03 miles

  • D

    1.15 miles

  • C

    1.17 miles

  • F

    1.18 miles

  • E

    1.24 miles

  • B

    1.25 miles

  • Emergency Staff Parking

    1.30 miles

  • A

    1.30 miles

  • Mariani's Inn

    0.90 miles

  • Quality Inn & Suites Silicon Valley

    0.91 miles

  • Granda Inn - Silicon Valley

    0.99 miles

  • Park Inn by Radisson

    1.00 miles

  • The Capri Motel

    1.00 miles

  • Hotel Stratford

    1.00 miles

  • Holiday Inn Express Hotel & Suites

    1.02 miles

  • Western Motel

    1.10 miles

  • Driftwood Santa Clara

    1.31 miles

  • Bella Vista Inn

    1.35 miles

  • Safeway

    0.09 miles

  • Ross

    0.11 miles

  • Lucky

    0.84 miles

  • Santa Clara Produce and Mediterranean Market

    0.98 miles

  • Grocery Outlet

    1.01 miles

  • Super Kyo-po Plaza;교포마켓

    1.03 miles

  • Sprouts Farmers Market

    1.05 miles

  • Target

    1.12 miles

  • New India Bazaar

    1.18 miles

  • Tiranga Super Market

    1.20 miles

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