
Santa Clara, California 95050
This fourplex presents a High-Potential Investment Opportunity with a List Price of $1,749,000—positioned well below the $1,949,752 Fair Market Value by 10%. This valuation gap offers $200,752 in Instant Equity. Featuring a Condition Rating of 4, the property requires interior modernization to maximize rental yields in this high-demand tech hub. With its 2-bedroom, 1-bathroom unit mix and proximity to major employers, this is a prime asset for Buy-and-Hold Investors or Value-Add Developers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2379 Galway Court Subject | $1,749,000* List Price | 0 | 0 | 3,117 | $626 | - |
A 2245 Royal Drive Sold | $1,710,000 | 0 | 0 | 2,534 | $675 | 0.5 mi |
B 2447 Anna Drive Sold | $1,750,000 | 0 | 0 | 2,730 | $641 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the property is over 60 years old and shows a dated exterior with signs of deferred maintenance in landscaping and balconies. The listing's emphasis on 'upside potential' strongly suggests that the kitchens, bathrooms, and internal systems are dated and require updates to meet modern market standards.
Situated in the heart of Silicon Valley near major employers like Apple, Intel, and Nvidia, ensuring consistent high demand and low vacancy rates from a professional tenant base.
The property benefits from Santa Clara's municipal utility rates, which are significantly lower than surrounding PG&E areas, directly enhancing net operating income and tenant appeal.
The uniform configuration of four 2-bedroom, 1-bathroom units offers the most versatile and sought-after layout for the local workforce and student population, maximizing rental upside.
Built in 1962, the property may require near-term capital expenditures for system upgrades or modernized interiors to remain competitive with newer rental inventory.
The $650 association fee represents a significant fixed monthly expense that may compress the overall cap rate and cash flow compared to similar non-HOA multi-family assets.
Well-located investment property in the heart of Silicon Valley, this fourplex offers four 2-bedroom, 1-bathroom units, each with comfortable living spaces, and access to convenient shared laundry facility. Ideally situated just a short drive from Santana Row, Caltrain Station, Santa Clara University, and major Silicon Valley employers such as Apple, Intel, Nvidia, and many others. With easy access to Highways 101, 880, and 87, residents benefit from easy commutes throughout the region. Low Santa Clara utility costs further enhance the property appeal. With solid current returns and upside potential for future growth, this fourplex presents a rare opportunity in one of the Bay Areas most desirable rental markets.
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 | 3,117 | 2,276.667 |
| Lot Size | 6,600 | 8,744.667 |
| Price | $1.75M | $1.76M |
| Price per sq ft | $561 | $828 |
| Built year | 1962 | 1959 |
| HOA | $650.0 | $0 |
| Days on market | 63 | 93 |
Jul 8, 2026
$1,749,000
Initial Listing
Jun 3, 2004
$697,500
Public Record