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(626) 893-2817
Gilbert Garcia
2134 Main Street, Santa Clara, CA 95050
- $2,188,000
- 3,689
- SqFt
- List Price
- $2,188,000
- Status
- ACTIVE
- MLS#
- ML82064037
- Year Built
- 1962
- Living Sq. Ft
- 3,689
- Lot Size
- 8,075
- Acres
- 0.19
- Lot Location
- Paved
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property 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.
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Additional Information
- Taxes
- $26,241
- Appliances
- Freezer, Refrigerator, Range Hood, Vented Exhaust Fan
- Heat
- Fireplace(s), Wall Furnace
- Cooling
- Yes
- Roof
- Composition, Shingle
- Garage Spaces Total
- 1
- Water
- Public
- School District
- Other
- Elementary School
- Other
- Middle School
- Buchser
- High School
- Santa Clara
- Attached Structure
- Detached
- Gross Scheduled Income
- $151,000
Listing courtesy of Listing Agent: Ismael Benhamida (ismael@benhamidagroup.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.