2134 Main Street, Santa Clara, California 95050, Santa Clara, 95050 - 0 bed, 0 bath
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2134 Main Street
Santa Clara, California 95050
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,689Sq Ft
8,075Lot Size
Property Price
LIST PRICE$2,188,000
EST. MARKET VALUE
$2,486,013
11% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a core Silicon Valley fourplex listed at $2,188,000—positioned well below the $2,486,014 Fair Market Value by 11%. This valuation gap offers $298,014 in Instant Equity. With a Condition Rating of 3, the property features a renovated owner's unit and significant upside via SB-1211 ADU potential. Located 1.2 miles from Nvidia, this asset provides immediate cash flow and long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers targeting high-income tech professionals.
Estimated Market Value
$2,486,013+$298,013 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 |
|---|---|---|---|---|---|---|
★ 2134 Main Street Subject 0 bd · 0 ba · 3,689 sqft · $674 | $2,188,000* List Price | 0 | 0 | 3,689 | $674 | - |
A 2447 Anna Drive Sold 0 bd · 0 ba · 2,730 sqft · $641 · 0.9 mi | $1,750,000 | 0 | 0 | 2,730 | $641 | 0.9 mi |
B 2245 Royal Drive Sold 0 bd · 0 ba · 2,534 sqft · $675 · 0.5 mi | $1,710,000 | 0 | 0 | 2,534 | $675 | 0.5 mi |
C 2172 Aza Drive Active 0 bd · 0 ba · 3,556 sqft · $561 · 0.5 mi | $1,995,000 List Price | 0 | 0 | 3,556 | $561 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1962, the property has undergone extensive capital improvements including dual-pane windows and driveway repairs. Unit 1 features a full modern renovation with high-end cabinetry and stainless appliances (<5 years), while the overall structure is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Tech-Hub Location
Situated in the heart of Silicon Valley, the property is less than 5 miles from Nvidia and Apple Park, ensuring high rental demand from a robust technology job market.
- Significant Value-Add Potential
The property offers a rare opportunity to add up to four ADUs under SB-1211 and renovate three units to capture higher market rents from tech-sector employees.
- Strong Financial Fundamentals
Boasting a solid 4.72% CAP rate and low municipal electric rates via Silicon Valley Power, the asset provides immediate cash flow with lower-than-average operating expenses.
CONSRISKS & DEFICIENCIES
- Inconsistent Unit Condition
While the owner's unit is fully renovated, the remaining three units likely require capital improvements to achieve maximum rental yield and attract premium tenants.
- Vintage Infrastructure
Built in 1962, the property may require more frequent maintenance and updates to its aging systems compared to newer multi-family developments.
About 2134 Main Street
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1962
- Lot Size
- 8,075 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 | 3,689 | 2,526 |
| Lot Size | 8,075 | 7,622.8 |
| Price | $2.19M | $1.80M |
| Price per sq ft | $593 | $786 |
| Built year | 1962 | 1962 |
| HOA | $0 | $0 |
| Days on market | 16 | 54 |
Pricing History
Listed for Sale
Oct 8, 2026
$2,188,000
Initial Listing
Sold
Jul 17, 2024
$1,610,000
Public Record