2036 Klamath Avenue, Santa Clara, CA 95051

Request marketing package from listing agent for full details. 2036 Klamath Avenue is a 7-unit apartment building located just off Lawrence Expressway and Poinciana Drive. The property has a great mix of six large 2BR/1BA units and one townhouse-style 3BR/2.5BA unit. Four of the 2BR units have been renovated and the three remaining units can be renovated to significantly increase the building income. Pro forma cap rate on market rent is 5.49%, which does not take into account the increased income from renovating the remaining units. The two-story property totals 7,660 square feet of living space and is situated on an 11,535 square foot lot. The property is conveniently located near major employers in Santa Clara and Sunnyvale and lots of shopping centers along El Camino Real.