869 Bing Dr

Santa Clara, CA 95051

$2,075,000
Last Sold Price
—
Beds
—
Baths
3,594 Sq. Ft.
$577 / Sq. Ft.
3,594
Sq. Ft.
$577
per Sq. Ft.
Sold 8/5/25
Sold 8/5/25
a view of a house with a tree in front of it
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a front view of a house with a yard
a view of outdoor space and deck
a view of balcony with floor to ceiling window and wooden floor
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a kitchen with white cabinets and white appliances
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Description

Marcus & Millichap is pleased to present 869 Bing Drive, a rare opportunity to acquire a well-maintained fourplex in a high-demand rental market. Built in 1963, the property features 3,594 square feet of rentable space on a 7,389 square foot lot. The building offers an attractive unit mix consisting of one large 3-bedroom/2-bathroom unit and three spacious 2-bedroom/1-bathroom units, catering to a wide range of tenants. The property has been thoughtfully maintained by long-term ownership and was...Marcus & Millichap is pleased to present 869 Bing Drive, a rare opportunity to acquire a well-maintained fourplex in a high-demand rental market. Built in 1963, the property features 3,594 square feet of rentable space on a 7,389 square foot lot. The building offers an attractive unit mix consisting of one large 3-bedroom/2-bathroom unit and three spacious 2-bedroom/1-bathroom units, catering to a wide range of tenants. The property has been thoughtfully maintained by long-term ownership and was earthquake retrofitted 20+ years ago, a premium improvement rarely found in buildings of this size.
  1. Listed by AJ Decristoforo • DRE #02162593 • Brokerage DRE #01240999 • Marcus & Millichap • 408-709-0383
  2. Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 869 Bing Drive

MLS City Name
SANTA CLARA
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2
LISTING UPDATED: 08/05/2025 05:59 PM

Property Details for 869 Bing Drive

StatusSold
MLS #ML82011356
Days on Compass24
Taxes$24,299 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.17 AC / 7,389 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, AJ Decristoforo, DRE #02162593; Marcus & Millichap, Jimmy Castellanos, DRE #02024152

Sold By Redfin, Maribel Cribb, DRE #01153985

Add your commute

Building Information for 869 Bing Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,389 SF

Payment Calculator

$12,138 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,113

Property Taxes

$2,025

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 869 Bing Drive

Features
Features
  • Fireplace: No
  • Living SqFt: 3594
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Ceiling Fan, Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Santa Clara
  • Roof: Composition, Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 869
  • Street Name: Bing
  • Street Suffix: Drive
  • Area ID: 8
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3594
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 290-40-035
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95051
  • Elementary School: 385
  • Elementary School District: 483
  • Middle School Text: Juan Cabrillo Middle
  • High School District Text: Santa Clara Unified
  • High School Text: Adrian Wilcox High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .17
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $24,299
  • Building Unit Total: 4
  • Capitalization Rate: 3.88
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Coin Operated Equip, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $1,953
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $1,923
  • Expenses Other: $525
  • Expenses Utility: $5,168
  • Expenses Total: $38,868
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 16.92
  • Income Annual Gross: $120,404
  • Income Annual Rental: $122,928
  • Income Gross Scheduled: $124,128
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,100
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,049
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,200
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,895

Property History for 869 Bing Drive

DateEvent & SourcePriceAppreciation
Aug 5, 2025

Sold

MLSListings #ML82011356

$2,075,000—
Aug 5, 2025

Sold

EBRD #ML82011356

$2,075,000—
Jul 31, 2025

Sold (Public Record)

Public Record #1907504298

$2,075,000—
Jul 11, 2025

Pending

EBRD #ML82011356

—
Jul 11, 2025

Pending

MLSListings #ML82011356

—
Jun 17, 2025

Listed (Active)

EBRD #ML82011356

$2,100,000—
Jun 17, 2025

Listed (Active)

MLSListings #ML82011356

$2,100,000—
DateEvent & SourcePrice
08/05/2025

Sold

MLSListings #ML82011356

$2,075,000
08/05/2025

Sold

EBRD #ML82011356

$2,075,000
07/31/2025

Sold (Public Record)

Public Record #1907504298

$2,075,000
07/11/2025

Pending

EBRD #ML82011356

—
07/11/2025

Pending

MLSListings #ML82011356

—
06/17/2025

Listed (Active)

EBRD #ML82011356

$2,100,000
06/17/2025

Listed (Active)

MLSListings #ML82011356

$2,100,000

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

Public Records for 869 Bing Drive

Taxable ValueLand$39,553Additions$117,115Total$156,668
Tax Record2025$2,033 ($169 / month)
Home Facts
Total Finished SqFt3,594 SqFtAbove Grade Finished SqFt3,594 SqFtStories2Lot Size7,389 SqFtStyleQuadraplexYear Built1963ZoningR3CountySANTA CLARAAPN290-40-035Fireplace TypeHas Fireplace

Schools near 869 Bing Drive

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Pomeroy Elementary School
Public - K to 5
Juan Cabrillo Middle School
Public - 6 to 8
Santa Clara High School
Public - 9 to 12
Santa Clara Community Day
Public - 6 to 12
Rating
School
Distance
Pomeroy Elementary School
PublicK to 5

Juan Cabrillo Middle School
Public6 to 8

Santa Clara High School
Public9 to 12

Santa Clara Community Day
Public6 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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Listing Courtesy of Marcus & Millichap, AJ Decristoforo, DRE #02162593; 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.