2475 Karen Drive, Santa Clara, California 95050, Santa Clara, 95050 - 0 bed, 0 bath
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Santa Clara, California 95050
Following a recent price adjustment, this Triplex Residential Income Asset is listed at $1,798,000, positioned near its $1,722,737 Fair Market Value. Maintaining a Fair Condition Rating, the property features Separately Metered Utilities, In-Unit Laundry, and Private Patios, which significantly enhance tenant retention and reduce owner overhead. While the Aging Infrastructure requires prudent capital planning, the strategic location near C.W. Haman Elementary, Santa Clara High School, and major tech routes ensures high rental demand. This is a robust value-add opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Property is moderate renovation needed.
Built in 1960, this triplex shows evidence of consistent maintenance with updated dual-pane windows and well-kept exterior paint and landscaping. While the exterior is in good shape, the lack of interior photos of the kitchens and bathrooms, combined with the property's age and the listing's own 'aging infrastructure' warning, suggests the interior components are likely functional but dated, fitting the criteria for a fair condition score.
Each of the three units is individually metered for utilities, significantly reducing owner operating expenses and simplifying property management.
Rare for multi-family properties, every unit features its own private entrance, dedicated yard space, and in-unit laundry, which maximizes rental value and tenant retention.
The property is ideally situated near San Tomas Expressway and Highways 280 and 880, providing excellent accessibility for Silicon Valley's professional workforce.
With 261 days on the market and a $100,000 price reduction, the property has experienced significant stagnation, suggesting initial pricing misalignment or buyer caution.
Built in 1960, the property may require more frequent capital expenditures for maintenance and system upgrades compared to more modern residential income assets.
Discover 2475 Karen Drive, a centrally located Santa Clara triplex offering 2,283 square feet of total living space across three separate units. Unit A: 2b/1b, 718 sqft; Unit B: 1b/1b, 564 sqft; Unit C: 2b/1b, 768 sqft. This single-story layout includes three individually accessible units, each featuring a private entrance, yard space, in-unit laundry, spacious living areas, dine-in kitchens, and generous closet space-designed for both comfort and functionality. Each unit is separately metered, providing efficient utility management. Situated on a 7,002 square-foot lot, the property also includes a fenced front lawn, a long private driveway, a carport, and a two-car garage. Conveniently located near parks, shopping, and major commuter routes including San Tomas Expressway and Highways 280 & 880. Dont miss this rare opportunity in a prime Santa Clara neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.8 mi
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 | 2,283 | 1,900 | 60% |
| Lot Size | 7,002 | 7,002 | 50% |
| Price | $1.80M | $1.80M | 50% |
| Price per sq ft | $788 | $788 | 50% |
| Built year | 1960 | 1959 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 266 | 175 | 0% |
Jan 20, 2026
$1,798,000
$1,898,000
-5% Price Drop
Initial Listing
Jul 30, 2025
$1,898,000
Initial Listing