
Santa Clara, California 95050
This fourplex represents a High-Potential Investment Opportunity in the heart of Silicon Valley. With a List Price of $1,629,000, the property is priced at its $1,629,000 Fair Market Value, offering a stable entry point into a high-demand rental market. Featuring four 2-bedroom units, the asset benefits from low municipal utility costs and proximity to major tech employers. Given its Condition Rating of 4, the property offers significant upside for cosmetic modernization. This is an ideal acquisition 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 0 bd · 0 ba · 3,117 sqft · $523 | $1,629,000* List Price | 0 | 0 | 3,117 | $523 | - |
A 2447 Anna Drive Sold 0 bd · 0 ba · 2,730 sqft · $641 · 0.9 mi | $1,750,000 | 0 | 0 | 2,730 | $641 | 0.9 mi |
B 2245 Royal Drive Sold 0 bd · 0 ba · 2,534 sqft · $675 · 0.5 mi | $1,710,000 | 0 | 0 | 2,534 | $675 | 0.5 mi |
C 2256 Deborah Drive Active 0 bd · 0 ba · 3,008 sqft · $663 · 0.1 mi | $1,995,000 List Price | 0 | 0 | 3,008 | $663 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is over 60 years old. While it is currently functional and income-generating, the exterior shows signs of aging, and the marketing description highlights 'upside potential,' which typically indicates that the kitchens, bathrooms, and mechanical systems are dated and require cosmetic updates or minor repairs to achieve market rents.
Situated in the heart of Silicon Valley near major employers like Apple and Nvidia, ensuring high tenant demand and consistent occupancy from a premium workforce.
The property benefits from Santa Clara's municipal utility rates, which are significantly lower than neighboring cities, directly increasing the net operating income for the investor.
The fourplex configuration featuring all 2-bedroom units provides a stable multi-family asset with clear upside potential for rent growth in a high-demand market.
With over 80 days on the market and a significant price reduction, the listing may face challenges regarding buyer perception or underlying valuation concerns.
As a 1962 construction, the property likely requires higher capital reserves for aging infrastructure and potential modernization to maintain its competitive edge.
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 | 2,526 |
| Lot Size | 6,600 | 7,622.8 |
| Price | $1.63M | $1.80M |
| Price per sq ft | $523 | $786 |
| Built year | 1962 | 1962 |
| HOA | $650.0 | $0 |
| Days on market | 108 | 54 |
Sep 15, 2026
$1,629,000
$1,749,000
-7% Price Drop
Initial Listing
Jul 8, 2026
$1,749,000
Initial Listing
Jun 3, 2004
$697,500
Public Record