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906 Burbank Drive, Santa Clara, CA 95051

$9,350,000
14,677
SqFt
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List Price
$9,350,000
Status
ACTIVE
MLS#
ML82066884
Year Built
1961
Property Type
Other
Living Area
14,677
Lot Size
23,958
Acres
0.55
County
Santa Clara
Subdivision
Ca
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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

Flooring
Laminate
Parking Features
Assigned
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Listing courtesy of Jake Anthony from MJA Equity Investments, Inc.. 650-787-6707

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