2134 Main Street,Santa Clara, CA 95050
Santa Clara, CA 95050
Description
Core Silicon Valley fourplex with current CAP Rate of 4.72% and in-place Rent of $12,350/month. Built in 1962, well maintained 3,689 SqFt 4plex situated on an large 7,841 SqFt lot with a superior unit mix consisting of one 3-bed/2-bath owners unit (~1,300 SqFt) with private front yard & garage, & three spacious 2-bed/1-bath units (~775 SqFt) each with carport parking, and community laundry room. Potential to add up to 4 ADU's per SB-1211 (buyer to verify and enclose a private backyard for unit 1. Extensive capital improvements include driveway concrete repairs, dual-pane windows, a full renovation of Unit 1, & SB-721 clearance. The new owner has the opportunity to increase the specification of the units to meet the demand of high-income tech employees & increase income. Unbeatable central location just 1.2 miles from Nvidia Headquarters, 4.9 miles from Apple Park, & near Intel, Google, Amazon, & Santa Clara University, Franklin Square, & Downtown; minutes to Valley Fair, Santana Row, Caltrain, & SJC airport. The top Santa Clara Unified schools (Scott Lane, Buchser, Santa Clara High), low municipal electric rates via Silicon Valley Power, rent growth, & the robust technology job market make 2134 Main St. a great opportunity for both the cash-flow and appreciation minded investor.
Details
| MLS # | ML82064037 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 9 |
| Listing Provided By | Compass | Ismael Benhamida |
Features
| SQ Feet | 3,689 |
|---|---|
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | R325 |
| Acreage | 0.19 |
Interior
| Heating | Fireplaces, Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Freezer, Refrigerator, Range Hood, Vented Exhaust Fan |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Paved |
Parking
| Parking Features | Covered, Carport, Off Street, Uncovered |
|---|---|
| Garage Yes / No | Yes |
Taxes
| Property | 26241 |
|---|
Area Information
| State | CA |
|---|---|
| County | Santa Clara |
| City | Santa Clara |
| Zip Code | 95050 |
| Area | 699 Not Defined |
| Listing VS Median (in 95050) | |
Price: $2,188,000 low | high Med: $1,999,888 sqft: 3,689 low | high Med: 3,270 $ / sqft: $593 low | high Med: $612 On site: 9 low | high Med: 169 | |
Market Activity 95050
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Santa Clara |
| City | Santa Clara |
| Zip Code | 95050 |
| Area | 699 Not Defined |
| Listing VS Median (in 95050) | |
Price: $2,188,000 low | high Med: $1,999,888 sqft: 3,689 low | high Med: 3,270 $ / sqft: $593 low | high Med: $612 On site: 9 low | high Med: 169 | |
 | $1,879,9902131 Main StreetSanta Clara, CA 95050 |
 | $1,999,8882127 Monroe StreetSanta Clara, CA 95050 |
 | $1,888,8882125 Monroe StreetSanta Clara, CA 95050 |