906 Burbank Dr, Santa Clara, CA 95051
- $9,350,000
- 14,677
- SqFt
- List Price
- $9,350,000
- MLS#
- 82066884
- Property Type
- Multifamily
- Sqft. of Residence
- 14,677
- Lot Size
- 23,958
- Region
- Santa Clara
- Status
- ACTIVE
- County
- Santa Clara
- Acres
- 0.55
- Year Built
- 1961
- Parking Spaces
- 22
Property Description
Offering of 7 tenant-in-common (TIC) positions totaling a 33.75% undivided interest in Lawrence Arms Apartments, a 22-unit community in Santa Clara. Positions range from 3.43% to 5.14% and may be purchased individually or in combination, priced pro rata to a $9,350,000 property valuation ($425,000/unit; $3,155,625 combined). Each sale is subject to the existing TIC agreement. Do NOT disturb tenants or on-site staff; tours by appointment only with listing agent. Units 04 and 10 are leased to a corporate housing company on a revenue share. Offering Memorandum, rent roll and financials available upon request
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Additional Information
- Foundation
- Concrete, Slab
- Living Area
- 14,677
- Lot Size
- 23,958
- Possession
- Other
- Region
- Santa Clara
- Roof
- Shingle
- Zoning
- R3
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Listing courtesy of MJA Equity Investments, Inc..
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.