1379 Reeve St

Beds
Baths
4,756 Sq. Ft.
$578 / Sq. Ft.
4,756
Sq. Ft.
$578
per Sq. Ft.

Description

Marcus & Millichap is excited to present 1379 Reeve Street, a rare eight-unit multifamily investment in one of Silicon Valleys most supply-constrained and high-demand rental markets. The property features a well-balanced unit mix of six one-bedroom/one-bath units and two spacious two-bedroom/one-bath units, totaling approximately 4,756 rentable square feet on an 8,700 square foot lot. This functional mix appeals to both students and professionals seeking privacy, space, and convenience in a premier...Marcus & Millichap is excited to present 1379 Reeve Street, a rare eight-unit multifamily investment in one of Silicon Valleys most supply-constrained and high-demand rental markets. The property features a well-balanced unit mix of six one-bedroom/one-bath units and two spacious two-bedroom/one-bath units, totaling approximately 4,756 rentable square feet on an 8,700 square foot lot. This functional mix appeals to both students and professionals seeking privacy, space, and convenience in a premier location.
  1. Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap • 408-483-5040

Property Details for 1379 Reeve Street

MLS City Name
SANTA CLARA
Building Type
Other
Garage Spaces
0
Parking Spaces
4
Cross Street
Monroe St
LISTING UPDATED: 10/31/2025 03:04 PM

Property Details for 1379 Reeve Street

StatusSold
MLS #ML82019500
Days on Compass17
Taxes$33,555 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1958
Lot Size0.20 AC / 8,700 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152

Sold By TrueNorth Realty, Nagaraj Annaiah, DRE #02110146

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Building Information for 1379 Reeve Street

Stories-Residences-Year Built1958Building Size-Lot Size0.20 AC / 8,700 SF

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$16,500 per month

30 year fixed, 6.36% Interest

Principal and Interest

$13,704

Property Taxes

$2,796

HOA Dues

$0

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Property Information for 1379 Reeve Street

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 4756
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 6
Garage
  • Garage and Parking: Carport, Covered Parking, Off-Street Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Santa Clara
  • Restrictions: None
  • Roof: Composition, Shingle
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 1379
  • Street Name: Reeve St
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 4756
  • Structure SqFt Source: Other
  • Age: 67
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 224-25-013
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95050
  • Elementary School: 401
  • Elementary School District: 483
  • Middle School Text: Buchser Middle
  • High School District Text: Santa Clara Unified
  • High School Text: Santa Clara High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .20
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 8
General Information
  • Annual Tax Amount: $33,555
  • Capitalization Rate: 4.29
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Lease
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $6,800
  • Expense Landscape: $1,800
  • Expense Maintenance: $4,000
  • Expense Management: $0
  • Expense Trash: $6,912
  • Expenses Other: $1,474
  • Expenses Utility: $12,009
  • Expenses Total: $66,550
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 14.74
  • Income Annual Gross: $190,884
  • Income Annual Rental: $195,060
  • Income Gross Scheduled: $196,788
  • Income Other: $1,728
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,725
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,375

Property History for 1379 Reeve Street

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Sold

EBRD #ML82019500

$2,750,000
Oct 31, 2025

Sold

MLSListings #ML82019500

$2,750,000
Oct 23, 2025

Sold (Public Record)

Public Record #1917511845

$2,750,000

+4.5% / yr

DateEvent & SourcePrice
10/31/2025

Sold

EBRD #ML82019500

$2,750,000
10/31/2025

Sold

MLSListings #ML82019500

$2,750,000
10/23/2025

Sold (Public Record)

Public Record #1917511845

$2,750,000

+4.5% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1379 Reeve Street

Taxable ValueLand$666,226Additions$818,300Total$1,484,526
Tax Record2025$17,810 ($1,484 / month)
Home Facts
Total Finished SqFt4,756 SqFtAbove Grade Finished SqFt4,756 SqFtStories2Lot Size8,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningR336CountySANTA CLARAAPN224-25-013Fireplace TypeHas Fireplace

Schools near 1379 Reeve Street

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Scott Lane Elementary School
PublicK to 5

Buchser Middle School
Public6 to 8

Santa Clara High School
Public9 to 12

Wilson Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.