SOLD
$1,635,000
Date 05/05/2023

545 Penitencia Street
Milpitas, CA 95035

Fourplex
Residence
3,699
Sqft
0.2011
Lot Size
Listing Agent: Chris Saiz CalDRE: 01850380 - Compass
The Saiz Group of Compass Commercial is pleased to present 545 Penitencia Street for sale. The subject property presents the opportunity to acquire a value-add multi-family asset within one of Silicon Valley's most desirable cities, Milpitas. Through facade and unit renovations, rents and net operating income can be improved leading to solid equity growth and long term capital preservation. Milpitas' excellent Silicon Valley location, strong long-term economic fundamentals, great schools and quality of life all point too long term demand for Milpitas as a place to call home. With the median household income estimated at $149,312 [1] and the median gross rent of $2,762 [1], 545 Penitencia Street offers an outstanding investment opportunity. [1] https://www.census.gov/quickfacts/milpitascitycalifornia
ML81923466
Fourplex, 2 Story
Santa Clara
1972
0.2011 Acres
Public
2
Public Sewer
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Listing Agent: Chris Saiz CalDRE: 01850380 - Compass
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