
Santa Clara, California 95050
This triplex represents a High-Potential Investment Opportunity, listed at $1,850,000—positioned above the $1,715,066 Fair Market Value. While the price reflects a premium, the property offers significant utility cost advantages and a versatile unit mix (3/2, 2/2, 1/1) in a high-demand tech corridor. With a Condition Rating of 4, the 1910-era structure requires modernization to maximize rental yields. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage Santa Clara’s low utility rates and proximity to major Silicon Valley employers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1080 Madison Street Subject | $1,850,000* List Price | 6 | 5 | 3,739 | $459 | - |
A 1086 Madison Street Active | $1,600,000 List Price | 6 | 5 | 4,354 | $367 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, this century-old triplex appears structurally sound and well-maintained from the exterior, but the age (>20 years) and lack of mention regarding recent kitchen, bath, or system (HVAC/Electric) upgrades suggest the interior is dated and requires modernization to meet current market standards.
This triplex configuration features a diverse unit mix (3/2, 2/2, and 1/1) across 3,739 sq. ft., offering excellent versatility for investors or owner-occupants seeking significant rental offsets.
Ideally situated near major tech headquarters like Nvidia and Apple, as well as Santa Clara University and Santana Row, ensuring consistently high rental demand and long-term appreciation.
The property benefits from Santa Clara's municipal utility rates, which are notably lower than surrounding areas, providing a distinct cost advantage for both the owner and tenants.
Originally built in 1910, the property may require more frequent maintenance or costly upgrades to aging infrastructure and systems compared to modern multi-family builds.
The property is described as a triplex but categorized as a Single Family Residence in the data, which could present challenges for traditional residential financing or appraisal valuations.
Discover 1080 Madison St., a centrally located triplex offering approximately 3,739 Sq. Ft. of versatile living space with excellent income potential. Unit 1 features 2 bedrooms, 2 bathrooms, and inside laundry. Unit 2 offers 3 bedrooms and 2 bathrooms. Unit 3 includes 1 bedroom and 1 bathroom. The partially fenced front yard adds privacy and outdoor enjoyment. A converted screened porch provides additional flexible living space. The property also features a 3-car garage, a large storage area above the garage, and one additional parking space for added convenience. Ideally situated with quick access to major freeways and expressways, this property offers exceptional convenience for commuting throughout Silicon Valley. Located near major tech employers including Nvidia, Intel, and Apple. Enjoy close proximity to Levis Stadium, Santa Clara University, Kaiser Hospital, and premier shopping and dining destinations such as Valley Fair, Santana Row, and vibrant downtown Santa Clara. Added value comes with Santa Claras highly desirable low utility rates.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 3,739 | 1,457 | 97% |
| Lot Size | 7,479 | 6,000 | 84% |
| Price | $1.85M | $1.85M | 50% |
| Price per sq ft | $495 | $1.3K | 3% |
| Built year | 1910 | 1952 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 117 | 3% |
May 22, 2026
$1,850,000
Initial Listing