Marcus & Millichap is pleased to present 2868 Homestead Road, a rare and desirable 15 unit townhome style apartment community offering investors a premium opportunity in one of Silicon Valleys most sought after submarkets. The property features thirteen 2 bedroom, 2.5 bathroom townhomes, one spacious 3 bedroom, 2.5 bathroom townhome, and one efficiency studio unit, providing a diverse and highly rentable configuration. Each unit includes central air conditioning and forced air heating, adding meaningful comfort and long term value. The townhome style layout serves as a major differentiator, offering multilevel living, private entrances, and increased space, which supports stronger rental income compared to traditional apartment units and appeals to a growing tenant base seeking more privacy and a higher quality living experience.
Sold for $6,000,000 on 08/01/25
$6,000,000
Homestead Santaclara, Santa Clara, CA 95051
--beds
--baths
16,196sqft
Five Or More Units,
Built in 1965
-- sqft lot
$6,012,100 Zestimate®
$370/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 02:19am
Listed by:
Jimmy Castellanos 02024152 408-483-5040,
Marcus & Millichap,
AJ Decristoforo 02162593 408-709-0383
Bought with:
AJ Decristoforo, 02162593
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML82011327

Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Doors: None
Interior area
- Total structure area: 16,196
- Total interior livable area: 16,196 sqft
Property
Parking
- Total spaces: 14
- Parking features: Common, Detached
- Garage spaces: 14
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.70 Acres
Details
- Parcel number: 29325034
- Zoning: R1E3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units,
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: Santa Clara
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Services availability
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Estimated market value
$6,012,100