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Bailey Properties
2134 Main ST, Santa Clara, CA 95050
- $2,188,000
- 9
- BD
- 3,689
- SqFt
Listed by Ismael Benhamida, 408-373-6195 from Compass
(If provided) CoList: from
- List Price
- $2,188,000
- MLS#
- ML82064037
- Status
- ACTIVE
- Zoning
- R325
- Sqft. of Residence
- 3,689
- Lot Size
- 8,075
- Listing Area
- Santa Clara
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
- Cooling System
- Ceiling Fan
- Floor Covering
- Carpet, Laminate, Tile
- Foundation
- Concrete Perimeter
- Garage Parking
- Assigned Spaces, Carport, Covered Parking, Off-Street Parking, Parking Area, Tandem Parking, Uncovered Parking
- Heating System
- Central Forced Air - Gas, Fireplace, Wall Furnace
- Laundry Facilities
- Washer / Dryer
- Living Area
- 3,689
- Lot Description
- Paved, Regular
- Lot Size
- 8,075
- Neighborhood
- Santa Clara
- Other Rooms
- Laundry Room
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Shingle
- Sewer
- Sewer Connected
- Zoning
- R325
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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