2245 Royal Drive, Santa Clara, California 95050, Santa Clara, 95050 - 0 bed, 0 bath
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Santa Clara, California 95050
This four-unit Residential Income property presents a Strong Value Opportunity with a List Price of $1,699,000—positioned well below the $1,825,504 Fair Market Value by 6%. This valuation gap offers $126,504 in Instant Equity. Featuring a Condition Rating of 4, the asset offers significant upside through interior modernization. Its strategic location near major tech employers and the inclusion of covered carports and private patios ensure high tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2245 Royal Drive Subject | $1,699,000* List Price | 0 | 0 | 2,534 | $720 | - |
A 934 Di Guilio Avenue Sold | $1,400,000 | 0 | 0 | 1,900 | $737 | 0.8 mi |
B 2447 Anna Drive Active | $1,899,000 List Price | 0 | 0 | 2,730 | $696 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 (65 years old), the property is well-maintained with good curb appeal, but is dated. The presence of wall-mounted AC units and the age of the structure suggest older systems and interiors that likely require minor repairs or modern updates to kitchens and baths.
Situated in the heart of Santa Clara near major employers like Nvidia and ServiceNow, this property is positioned in a high-demand rental market with excellent long-term appreciation potential.
The inclusion of covered carports and private patio areas provides a competitive edge over standard apartment units, increasing tenant desirability and retention.
The 10,188 square foot lot offers a low-density feel for a four-unit complex, providing ample outdoor space and potential for future site improvements.
Built in 1959, the property may necessitate significant capital expenditures for aging infrastructure, such as plumbing, electrical, or roofing systems.
The uniform 1-bedroom, 1-bathroom configuration limits the tenant pool to individuals or couples, potentially resulting in higher turnover compared to multi-bedroom units.
Welcome to 2245 Royal Drive, a well-maintained four-unit investment opportunity in the heart of Santa Clara. Each unit offers 1 bedroom and 1 bath across 633 square feet of comfortable living space. The property features strong curb appeal with a manicured front yard, a covered carport, and a covered patio area in the backyard, providing residents with desirable outdoor living space. Perfectly positioned near Santa Clara Town Center, with easy access to major employers, including Nvidia and ServiceNow. A rare opportunity to invest in one of Silicon Valley's most centrally located and high-demand markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,534 | 2,126.5 | 67% |
| Lot Size | 10,188 | 7,701 | 83% |
| Price | $1.70M | $1.72M | 50% |
| Price per sq ft | $670 | $749 | 33% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 164 | 17% |
May 13, 2026
$1,699,000
Initial Listing