
Santa Clara, California 95050
This historic triplex represents a High-Potential Investment Opportunity, listed at $1,499,950—positioned well below the $1,573,424 Fair Market Value by 4%. This valuation gap offers $73,474 in Instant Equity. With a Condition Rating of 4, the property requires modernization but offers significant upside through its 4,354 Sq. Ft. triplex configuration. Located in the historic Old Quad near major tech hubs, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack in a prime Silicon Valley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1086 Madison Street Subject | $1,499,950* List Price | 6 | 5 | 4,354 | $361 | - |
A 1080 Madison Street Active | $1,599,950 List Price | 6 | 5 | 3,739 | $428 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 74 years old (built 1950) and the listing emphasizes 'historic charm' rather than recent renovations. While the exterior appears well-maintained, the presence of a window AC unit suggests dated HVAC systems, and the age indicates that kitchens, baths, and electrical systems likely require modernization to meet current standards.
This rare triplex configuration featuring 1, 2, and 3-bedroom units offers incredible flexibility for multi-generational living or high-yield rental income in a high-demand market.
Situated in the historic Old Quad near major tech hubs like NVIDIA and Apple, the property benefits from Santa Clara's low utility rates and proximity to Santa Clara University.
With 4,354 square feet of living space, the property provides an impressive scale and a competitive price-per-square-foot value rarely found in this neighborhood.
The large building footprint on a 5,545 sqft lot results in high lot coverage, leaving minimal private yard or garden space for the three separate households.
As a 1950s historic structure, the property may require significant ongoing capital improvements and specialized maintenance to preserve its character while meeting modern building standards.
Step into timeless charm and exceptional versatility with this rare historic triplex in the heart of Santa Clara's coveted Old Quad neighborhood! (you maybe able to save taxes) Offering approximately 4,354 Sq. Ft. of total living space, Santa Clara features three spacious units: Unit 1 with 1 bedroom and 1 bathroom, Unit 2 with 2 bedrooms and 2 bathrooms, and Unit 3 with 3 bedrooms and 2.5 bathrooms. Rich in character and potential, this unique property includes a 2-car garage with an additional parking space, two large backyard storage units, and a welcoming oversized porch perfect for relaxing or entertaining. A true must-see to fully appreciate the charm, history, and endless possibilities this property offers. Conveniently located near major freeways and expressways, with close proximity to leading tech companies including NVIDIA, Intel, and Apple, as well as Levi's Stadium, Santa Clara University, Kaiser Permanente, premier shopping and dining at Westfield Valley Fair, Santana Row, and vibrant downtown Santa Clara. Enjoy the added benefit of low Santa Clara utility rates. A rare opportunity to own a remarkable piece of Santa Clara history!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,354 | 1,584 |
| Lot Size | 5,545 | 5,814 |
| Price | $1.50M | $1.92M |
| Price per sq ft | $344 | $1.3K |
| Built year | 1950 | 1956 |
| HOA | $0 | $154 |
| Days on market | 61 | 37 |
Jul 14, 2026
$1,499,950
$1,600,000
-6% Price Drop
Initial Listing
May 22, 2026
$1,600,000
Initial Listing