New Listing
$9,350,000
( $637.05Per Sq Foot )
 $50,193 est/mo Sourced by Back At You

906 Burbank Drive,Santa Clara, CA 95051

Santa Clara, CA 95051

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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

Details

MLS #ML82066884
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1961
Days On Site2
Listing Provided ByMJA Equity Investments, Inc. | Jake Anthony

Features

SQ Feet14,677
Car PortYes
Building(s)1
ZoningR3
Acreage0.55

Interior

Cooling Yes / NoYes

Exterior

RoofShingle

Taxes

Property93630

Area Information

StateCA
CountySanta Clara
CitySanta Clara
Zip Code95051
Area699 Not Defined
Listing VS Median (in 95051)
Price:
$9,350,000
low | high
Med:
$1,688,444
100% of Average
sqft:
14,677
low | high
Med:
1,498
100% of Average
$ / sqft:
$637
low | high
Med:
$1,222
41.854958995994% of Average
On site:
2
low | high
Med:
431
2% of Average
Sourced by Back At You

Market Activity 95051

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Additional Information

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Contact

Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountySanta Clara
CitySanta Clara
Zip Code95051
Area699 Not Defined
Listing VS Median (in 95051)
Price:
$9,350,000
low | high
Med:
$1,688,444
100% of Average
sqft:
14,677
low | high
Med:
1,498
100% of Average
$ / sqft:
$637
low | high
Med:
$1,222
41.854958995994% of Average
On site:
2
low | high
Med:
431
2% of Average
Sourced by Back At You
Listing Updated: November 7, 2026 at 7:21:03 PM PST

Stephen Jacobs - Desert Lifestyle Properties