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Rene Ramirez

findmycastle@castrarealty.com +1(951) 384-0656

$2,188,000

Est. payment - /mo

3,689 SqFt

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Open House

Fri Oct 16, 11:00am - 1:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,689 sqft

Price per Sqft $593

MLS Listing ID ML82064037

HOA Y/N No

Year Built 1962

Annual Tax Amount $26,241

Lot Size 8,076 Sqft

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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R325

Interior

Heating Fireplace(s), Wall Furnace

Flooring Carpet, Laminate, Tile

Fireplace No

Appliance Freezer, Refrigerator, Range Hood, Vented Exhaust Fan

Exterior

Parking Features Covered, Carport, Off Street, Uncovered

Garage Spaces 1.0

Carport Spaces 4

Garage Description 1.0

View Y/N No

Roof Type Composition,Shingle

Accessibility None

Total Parking Spaces 4

Building

Lot Description Paved

Story 2

Foundation Concrete Perimeter

Water Public

Schools

Elementary Schools Other

Middle Schools Buchser

High Schools Santa Clara

School District Other

Others

Tax ID 22430090

Acceptable Financing Cal Vet Loan, FHA, VA Loan

Listing Terms Cal Vet Loan, FHA, VA Loan

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ismael Benhamida Compass #01722847

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Rene Ramirez

+1(951) 384-0656

Broker License ID: 02038829

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2134 Main ST Santa Clara, CA 95050

Rene Ramirez

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

MORTGAGE CALCULATOR

NEARBY SCHOOL & BUSINESS

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2134 Main ST