2131 Main Street, Santa Clara, California 95050, Santa Clara, 95050 - 0 bed, 0 bath
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2131 Main Street
Santa Clara, California 95050
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,888Sq Ft
6,600Lot Size
Property Price
LIST PRICE$1,879,990
EST. MARKET VALUE
$2,107,998
10% BelowMARKET VALUE
SUMMARY
This 4-plex represents a Strong Value Opportunity, listed at $1,879,990—positioned well below the $2,107,998 Fair Market Value by 10%. This valuation gap offers $228,008 in Instant Equity. With a Condition Rating of 3, the property features recent 2023-2024 unit remodels and a four-car garage. Its strategic location near major tech employers ensures high rental demand. This is a prime asset for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a turnkey, high-yield multifamily investment in Santa Clara.
Estimated Market Value
$2,107,998+$228,008 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2131 Main Street Subject | $1,879,990* List Price | 0 | 0 | 2,888 | $730 | - |
A 2447 Anna Drive Sold | $1,750,000 | 0 | 0 | 2,730 | $641 | 0.9 mi |
B 2245 Royal Drive Sold | $1,710,000 | 0 | 0 | 2,534 | $675 | 0.5 mi |
C 934 Di Guilio Avenue Sold | $1,400,000 | 0 | 0 | 1,900 | $737 | 0.4 mi |
D 2125 Monroe Street Active | $1,888,888 List Price | 0 | 0 | 3,270 | $578 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1961, the property is well-maintained with significant recent upgrades including full unit remodels in 2023 and 2024, new exterior paint, and new doors. The combination of recent interior renovations and updated exterior elements makes it move-in ready, though the overall structure and some systems reflect its 60-year age.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Tech Hub Location
Situated in the heart of Santa Clara near major employers like Apple, Nvidia, and Intel, ensuring high rental demand and low vacancy rates from a premium tenant pool.
- Recent Capital Improvements
With units remodeled in 2023 and 2024, new exterior paint, and updated fencing, the property offers reduced immediate maintenance costs and turnkey appeal.
- Superior Tenant Amenities
The inclusion of a four-car garage, ample parking, and a large backyard provides a significant competitive advantage over standard multi-family units in the area.
CONSRISKS & DEFICIENCIES
- Master Water Metering
Unlike the individually metered gas and electricity, the master water meter requires the owner to manage or absorb water costs, potentially impacting net operating income.
- Vintage Infrastructure
Originally constructed in 1961, the property may require ongoing attention to aging core systems and utility lines that were not part of the recent cosmetic unit remodels.
About 2131 Main Street
TRULY IMPRESSIVE 4-PLEX! A very well-maintained four-unit multifamily investment opportunity located in the heart of Santa Clara. This is in great condition, with a new exterior paint job. The property consists of two upgraded two-bedroom, one-bath units. Some units were fully remodeled in 2023 & 2024. Each unit is individually metered for gas and electricity, with a master water meter. Laundry is conveniently handled with a coin-operated setup on site. The property includes a four-car garage, ample parking, and a large backyard with new doors and some new fencing. Situated within Santa Clara University, the Historic Old Quad, Lawrence Caltrain Station, Apple, Intel, Nvidia, and Google! Close to shopping centers, restaurants, and premier retailers such as Costco, Whole Foods, and Home Depot. Easy access to major Freeways 101, 880, and 87. This property offers an attractive long-term investment with continued upside potential in Santa Clara's desirable area!!!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1961
- Lot Size
- 6,600 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,888 | 2,276.667 |
| Lot Size | 6,600 | 8,744.667 |
| Price | $1.88M | $1.76M |
| Price per sq ft | $651 | $828 |
| Built year | 1961 | 1959 |
| HOA | $0 | $0 |
| Days on market | 4 | 93 |
Pricing History
Listed for Sale
Sep 5, 2026
$1,879,990
Initial Listing
Sold
Feb 12, 2019
$412,500
Public Record
Sold
Dec 28, 2016
$825,000
Public Record
Sold
May 13, 2015
$700,000
Public Record
Sold
Feb 22, 2013
$550,000
Public Record
Sold
Jun 20, 2005
$110,000
Public Record
Sold
Mar 30, 2005
$822,000
Public Record