
Santa Clara, California 95050
This fourplex presents a Strong Value Opportunity with a List Price of $1,749,000—positioned well below the $1,872,838 Fair Market Value by 6%. This valuation gap offers $123,838 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 5, the property offers significant upside potential through modernization of its four 2-bedroom units. Located in the heart of Silicon Valley, this Residential Income Asset is ideal for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on high tenant demand and low municipal utility costs.
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 | $601 | - |
A 2245 Royal Drive Sold | $1,710,000 | 0 | 0 | 2,534 | $675 | 0.5 mi |
B 2447 Anna Drive Active | $1,800,000 List Price | 0 | 0 | 2,730 | $659 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) with no recorded major renovations. The listing highlights 'upside potential,' a common indicator that the units require significant rehab to kitchens, bathrooms, and systems to achieve market rents, fitting the criteria for a property over 30 years old needing modernization.
Ideally situated near major tech employers like Apple and Nvidia, and close to Santana Row, ensuring consistently high tenant demand and low vacancy rates.
The property benefits from Santa Clara's municipal utility services, which offer significantly lower rates than neighboring cities, improving the net operating income.
Featuring four 2-bedroom, 1-bathroom units, the property offers a highly marketable configuration for the local workforce with clear potential for future rent growth.
Constructed in 1962, the property may necessitate significant capital expenditures for system upgrades or cosmetic renovations to maintain its competitive edge.
The inclusion of a $650 association fee introduces a recurring monthly cost that reduces the overall cash flow and investment yield for the owner.
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 | 2,534 |
| Lot Size | 6,600 | 10,188 |
| Price | $1.75M | $1.75M |
| Price per sq ft | $561 | $737 |
| Built year | 1962 | 1959 |
| HOA | $650.0 | $0 |
| Days on market | 14 | 84 |
Jul 8, 2026
$1,749,000
Initial Listing
Jun 3, 2004
$697,500
Public Record