1145 Market Street, Santa Clara, California 95050, Santa Clara, 95050 - 3 bed, 3 bath
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1145 Market Street
Santa Clara, California 95050
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,373Sq Ft
3,500Lot Size
Property Price
LIST PRICE$1,999,950
EST. MARKET VALUE
$1,758,179
13% AboveMARKET VALUE
SUMMARY
This Turn-Key Single Family Residence represents a Hybrid Investment Opportunity, currently listed at $1,999,950. While priced above the $1,758,179 Fair Market Value, the property offers significant utility through its newly built studio ADU, which provides immediate rental income potential. Featuring a Mint Condition Rating with a remodeled kitchen, new paint, and artificial turf, the home is optimized for low-maintenance living. Its proximity to Santa Clara University ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mortgage-offsetting lifestyle.
Estimated Market Value
$1,758,179
Based on Realkey algorithm analyzing recent comparable sales in Santa Clara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1145 Market Street Subject | $1,999,950* List Price | 3 | 3 | 1,373 | $1,281 | - |
A 645 Jackson Street Sold | $2,170,000 | 3 | 2 | 1,457 | $1,489 | 0.0 mi |
B 2310 Park Avenue Sold | $1,453,000 | 3 | 2 | 1,421 | $1,023 | 0.6 mi |
C 5 Mckillop Court Sold | $1,400,000 | 3 | 2 | 1,170 | $1,197 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1937, the property has undergone a comprehensive recent renovation that places it in mint condition. The kitchen and bathrooms are beautifully remodeled with modern finishes, and the home features new interior and exterior paint, new carpeting, and a newly built studio ADU. The systems appear updated with recessed lighting and a mini-split HVAC in the ADU, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating ADU
The property includes a newly built studio ADU that recently commanded $2,000 per month in rent, offering a significant opportunity for mortgage offset or investment yield.
- Prime University Location
Situated within walking distance to Santa Clara University, this home is ideally positioned for high rental demand and convenience for faculty or students.
- Turn-Key Modernization
Extensive updates including a remodeled kitchen, renovated bathrooms, new paint, and artificial turf provide a modern, low-maintenance living experience in a classic 1937 structure.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1373, other record living area = 1088.
- Limited Lot Size
The 3,500 square foot lot is relatively small for the area, which may deter buyers looking for significant outdoor space or privacy.
- Market Stagnation
With 53 days on market and a recent $100,000 price reduction, the property’s high price-per-square-foot may be testing the upper limits of the current local market.
About 1145 Market Street
Beautifully updated and maintained home within walking distance to Santa Clara University. Home offers beautifully remodeled kitchen and bathrooms, private back yard with artificial turf for low maintenance. Large open Livingroom/kitchen. Inside utility hook ups. partial basement also with laundry hookups. spacious bedrooms, newly built studio ADU that was recently rented out for $2,000 per month. All new paint inside and out, new carpet in the bedrooms,
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,373 | 1,469.529 |
| Lot Size | 3,500 | 6,056.015 |
| Price | $2.00M | $1.91M |
| Price per sq ft | $1.5K | $1.3K |
| Built year | 1937 | 1957 |
| HOA | $0 | $220 |
| Days on market | 62 | 37 |
Pricing History
Listed for Sale
Aug 15, 2026
$1,999,950
$2,099,950
-5% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$2,099,950
Initial Listing
Sold
Sep 30, 2016
$850,000
Public Record
Sold
Apr 7, 2016
$701,000
Public Record
Sold
Oct 27, 2000
$425,000
Public Record