3741 Peacock Ct
Santa Clara, CA 95051

The South Bay Multifamily Team of Colliers International is pleased to present the opportunity to acquire a highly desirable 8-unit apartment community at 3741 Peacock Court in Santa Clara, CA. The subject property was built in 1973, and includes a desirable unit mix of (1) three-bedroom/two-bath house, (4) two-bedroom/one-bath units, and (3) one-bedroom/one-bath units. The asset is well-maintained and benefits from significant capital improvements, including dishwashers in all units, upgraded electrical systems in several units, new exterior plumbing, upgraded interior plumbing, and a mix of renovated interiors with several remodeled kitchens & bathrooms. The composition shingle roof was replaced circa 2000, along with new exterior and interior paint. The building features 6,440 square feet of living space on a 14,550 square foot lot (one-third acre). The Peacock Court apartments are conveniently located at the border of Sunnyvale, CA., in close proximity to the new Apple "Spaceship" headquarters opening in 2017. The building is located a half mile from Lawrence Square Shopping Center, less than 1.5 miles from Kaiser Permanente and Lawrence Station Shopping Center, and less than two miles from Vallco Shopping Center, Cupertino Village, and Moonlite Shopping Center. The property is located south of El Camino Real and west of Lawrence Expressway, with easy access to Homestead Road and Wolfe Road. Owners will benefit from a pride-of-ownership asset with a highly desirable unit mix, in one of the most flourishing locations of the South Bay Area.