
Santa Clara, California 95050
This quadruplex represents a Strong Value Opportunity, listed at a List Price of $1,995,000—positioned well below the $2,233,120 Fair Market Value by 10%. This valuation gap provides $238,120 in Instant Equity. With a Fair Condition Rating, the property features in-unit laundry, dishwashers, and AC, ensuring strong tenant retention. Located near major tech hubs, this Buy-and-Hold Asset offers significant rental demand. It is an ideal acquisition for Buy-and-Hold Investors or first-time investors seeking a stable, non-rent-controlled Silicon Valley income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2172 Aza Drive Subject 0 bd · 0 ba · 3,556 sqft · $628 | $1,995,000* List Price | 0 | 0 | 3,556 | $628 | - |
A 2447 Anna Drive Sold 0 bd · 0 ba · 2,730 sqft · $641 · 0.4 mi | $1,750,000 | 0 | 0 | 2,730 | $641 | 0.4 mi |
B 2245 Royal Drive Sold 0 bd · 0 ba · 2,534 sqft · $675 · 0.1 mi | $1,710,000 | 0 | 0 | 2,534 | $675 | 0.1 mi |
C 2379 Galway Court Active 0 bd · 0 ba · 3,117 sqft · $523 · 0.6 mi | $1,629,000 List Price | 0 | 0 | 3,117 | $523 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is over 60 years old. While it is functional and includes amenities like in-unit laundry and dishwashers, the visible wall-mounted AC units and dated exterior suggest the systems and interiors are likely older than 20 years without a recent comprehensive renovation, placing it in the fair category needing minor updates.
The property is strategically located near major technology employers like NVIDIA, Intel, and ServiceNow, ensuring a consistent pool of high-quality tenants and low vacancy risk.
Unlike many older quadruplexes, these units feature in-unit laundry, dishwashers, and air conditioning, significantly enhancing tenant retention and justifying premium rental rates.
Exemption from municipal rent control allows for greater investment flexibility and the ability to adjust rents more freely in accordance with state guidelines.
Built in 1958, the property may require significant capital expenditures for long-term maintenance of aging structural, plumbing, or electrical systems.
The uniform 2BD/1BA unit mix offers limited diversification in tenant profiles, potentially missing out on market segments seeking smaller studios or larger family-sized units.
Excellent investment opportunity for a first-time investor or for an investor seeking to expand an existing portfolio. Property consists of a single-story, 3,556 sqft, situated on a 10,014 sqft parcel. The property is comprised of four 2BD/1BA units, each approximately 850 square feet in size. Amenities include air conditioning, dishwashers and washers & dryers in all units offering a level of convenience and functionality that supports tenant retention. Parking is accommodated by covered spaces for each unit, along with one additional on-site parking space per unit. Each unit also includes a dedicated storage closet. Two of the units benefit from private backyard areas, while all residents have access to a shared, landscaped courtyard, providing usable outdoor space that enhances livability. The asset is not subject to municipal rent control, allowing for flexibility in rent adjustments in accordance with California state regulations. Close proximity to many technology companies including ServiceNow, Applied Materials, Intel, NVIDIA, Advanced Micro Devices, Marvell Technology, Palo Alto Networks, and Agilent Technologies. A variety of retail, dining, and recreational amenities, as well as convenient access to major transportation corridors close by.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,556 | 2,526 |
| Lot Size | 10,014 | 7,622.8 |
| Price | $2.00M | $1.80M |
| Price per sq ft | $561 | $786 |
| Built year | 1958 | 1962 |
| HOA | $0 | $0 |
| Days on market | 19 | 54 |
Oct 5, 2026
$1,995,000
Initial Listing
Jan 31, 1997
$360,000
Public Record