3762 Poinciana Drive

Santa Clara, CA 95051

$2,990,000
Last Sold Price
Beds
4,648 Sq. Ft.
$643 / Sq. Ft.
4,648
Sq. Ft.
$643
per Sq. Ft.

Description

Marcus & Millichap is pleased to present 3756 and 3762 Poinciana Drive in Santa Clara, California. The subject properties are comprised of two adjacent eight unit apartment complexes each with their own individual APN numbers. Additionally, both properties recently underwent a substantial exterior renovation with brand new paint, drought resistant landscaping, new thirty year roof, new concrete patios, and recently installed private and secure gates.Marcus & Millichap is pleased to present 3756 and 3762 Poinciana Drive in Santa Clara, California. The subject properties are comprised of two adjacent eight unit apartment complexes each with their own individual APN numbers. Additionally, both properties recently underwent a substantial exterior renovation with brand new paint, drought resistant landscaping, new thirty year roof, new concrete patios, and recently installed private and secure gates.
  1. Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap • 408-483-5040

Property Details for 3762 Poinciana Drive

MLS City Name
SANTA CLARA
Building Type
Other
Garage Spaces
0
Parking Spaces
0
Cross Street
Lawrence Express

Location

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

Sold By Haylen, Helen Chong, DRE #01700495; Haylen, Peter Whang, DRE #01996428

Add your commute
LISTING UPDATED: 09/07/2021 03:24 PM

Property Details for 3762 Poinciana Drive

StatusSold
MLS #ML81846127
Days on Compass43
Taxes$37,802 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1959
Lot Size0.18 AC / 8,040 SF
CountySanta Clara County

Location

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

Sold By Haylen, Helen Chong, DRE #01700495; Haylen, Peter Whang, DRE #01996428

Add your commute

Building Information for 3762 Poinciana Drive

Stories-Residences-Year Built1959Building Size-Lot Size0.18 AC / 8,040 SF

Payment Calculator

$19,468 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,318

Property Taxes

$3,150

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3762 Poinciana Drive

Features
Features
  • Fireplace: No
  • Living SqFt: 4648
  • Pool: No
  • Security Features: Security Fence
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan, Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Other
  • Water: Public
Carport and Parking
  • Carport Min: 8
Garage
  • Garage and Parking: Carport
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
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 3762
  • Street Name: Poinciana
  • Street Suffix: Drive
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 4648
  • Structure SqFt Source: Other
  • Age: 62
Development Information
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 213-32-006
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95051
  • Elementary School: 399
  • Elementary School District: 483
  • Middle School Text: Marian A. Peterson Middle
  • High School District Text: Santa Clara Unified
  • High School Text: Adrian Wilcox High
Lot Information
  • Foundation: Wood Frame
  • Lot Acres: .18
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $37,802
  • Capitalization Rate: 4.23
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $2,437
  • Expense Landscape: $1,200
  • Expense Maintenance: $4,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $2,400
  • Expenses Utility: $9,440
  • Expenses Total: $57,279
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Utilities, Vacancy Factor
  • Gross Rent Multiplier: 16.12
  • Income Annual Gross: $192,572
  • Income Annual Rental: $196,800
  • Income Gross Scheduled: $198,528
  • Income Other: $1,728
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,600
Unit Type 1
  • Unit Type1 Approx SqFt: 581

Property History for 3762 Poinciana Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3762 Poinciana Drive

Taxable ValueLand$1,475,940Additions$1,573,860Total$3,049,800
Tax Record2023$36,011 ($3,001 / month)
Home Facts
Total Finished SqFt4,648 SqFtAbove Grade Finished SqFt4,648 SqFtStories2Lot Size8,040 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningR3CountySANTA CLARAAPN213-32-006Fireplace TypeHas Fireplace

Schools near 3762 Poinciana Drive

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 5
Rating
School
Distance
Ponderosa Elementary School
PublicK to 5

Marian A. Peterson Middle School
Public6 to 8

Adrian Wilcox High School
Public9 to 12

Washington Elementary School
PublicK to 5

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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.