2201 Monroe Street 1004, Santa Clara, California 95050, Santa Clara, 95050 - 2 bed, 1 bath
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Santa Clara, California 95050
This High-Potential Investment Opportunity is listed at $588,000, positioned well below the $608,122 Fair Market Value by 3%. This valuation gap offers $20,122 in Instant Equity. Featuring a Condition Rating of 2 with $60,000 in recent upgrades, including a remodeled kitchen and luxury vinyl flooring, this unit is truly turn-key. With its Silicon Valley Power utility savings and proximity to Nvidia, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2201 Monroe Street 1004 Subject | $588,000* List Price | 2 | 1 | 853 | $713 | - |
A 2250 Monroe Street 127 Sold | $470,000 | 1 | 1 | 716 | $656 | 0.3 mi |
B 2250 Monroe Street 244 Sold | $450,000 | 1 | 1 | 716 | $628 | 0.3 mi |
C 2201 Monroe Street 204 Active | $625,000 List Price | 2 | 1 | 853 | $733 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent $60,000 renovation, placing it in the <5y reno category. Key updates include a fully remodeled kitchen with quartz countertops and new stainless steel appliances, a refinished bathroom with a new vanity, updated HVAC (A/C compressor moved to roof), new luxury vinyl flooring, and the removal of popcorn ceilings.
With over $60,000 in recent upgrades, including a fully remodeled kitchen with quartz countertops, luxury vinyl flooring, and the removal of popcorn ceilings, this unit offers a turn-key living experience.
The property is ideally situated within walking distance to major employers like Nvidia and ServiceNow, and just minutes from Whole Foods and Target, providing exceptional convenience for tech professionals.
The unit features relatively low HOA dues that include water, paired with the significant utility savings provided by Santa Clara's Silicon Valley Power, enhancing long-term affordability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =887, other record lot size in square feet = 2750.
The two-bedroom layout is served by only one bathroom, which may be a drawback for roommates or small families compared to more modern two-bath configurations.
The assigned public schools have average ratings ranging from 4 to 6, which may be a consideration for buyers prioritizing top-tier educational districts within the Silicon Valley area.
Sellers have invested more than $60,000 in recent improvements. Check out the other condos available & you'll come back to #1004. Some of the lowest HOA dues you'll find @ just $522 monthly, including water. Pair that with savings from SC's own Silicon Valley Power for a monthly cost win. Upgrades include A/C, remodeled kitchen, new LED canned lighting, new cab doors, new pull-out drawers, updated hardware, Cambria quartz countertops, Swanbridge quartz backsplash,large S/S sink & faucet, TrafficMaster luxury vinyl flooring.Frigidaire 5-burner induction range, Whirlpool low-profile microwave, & new dishwasher. Improvements + removal of popcorn ceiling, new paint, lic paint. contractor, & new carpet. Bathroom refinished tile, new vanity, LED mirror, & designer lighting. Inside laundry with W/D. Enjoy 2 private decks: one with a sliding door from a Bd/Rm & a large entertainment deck off the living room, overlooking the community pool (best view). This outdoor retreat, surrounded by mature trees, provides a perfect balance of shade & sunlight. 2 large deck closets for bicycles, Costco extras & tennis rackets for complex tennis court. Central A/C compressor moved to the roof, creating a quiet deck environment. Walking distance to Nvidia & Service Now. 3 mins drive Whole Foods & Target
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 853 | 1,393 |
| Lot Size | 887 | 1,033.5 |
| Price | $588.0K | $722.2K |
| Price per sq ft | $689 | $672 |
| Built year | 1978 | 1994 |
| HOA | $523.0 | $794 |
| Days on market | 29 | 43 |
Jun 23, 2026
$588,000
Initial Listing
Jan 4, 2008
$354,500
Public Record
Mar 17, 2006
$420,000
Public Record
Dec 29, 1994
$126,000
Public Record