
Santa Clara, California 95051
Analysis of 2831 Malabar Avenue, Santa Clara, California 95051 is currently available with a list price of $3,198,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Clara Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1962, the property has undergone an extensive recent renovation within the last 5 years. The interior features a modern kitchen with white shaker cabinetry, stone countertops, and updated appliances. Bathrooms have been fully remodeled with contemporary tile surrounds and new vanities. The home also boasts new wide-plank flooring, recessed lighting, fresh paint, and a recently replaced roof, effectively eliminating deferred maintenance.
The property is situated in a highly desirable Santa Clara location with access to top-rated Cupertino schools and close proximity to the Apple campus, Santana Row, and major expressways.
The quadruplex features a spacious 3-bedroom, 2-bath owner-style unit with a private patio and indoor laundry, complemented by three 2-bedroom units, all including private detached garages.
With a recently installed new roof and current rents noted as being below market value, there is significant opportunity for an investor to increase the capitalization rate through lease adjustments.
The property has been active on the market for over 400 days, which may suggest pricing challenges or underlying buyer hesitation that could affect future resale liquidity.
All four units are currently tenant-occupied with instructions not to disturb, which can complicate the inspection process and delay immediate renovations or owner-occupancy plans.
Great investment in Santa Clara with Cupertino Schools. Unit one is like a house, owner unit, ideal for great rental rates with 3 bedrooms, 2 baths, fireplace, enclosed private patio room, indoor laundry, and a 1 car private detached garage, The rest are 2 bedroom 1 bath with private detached 1 car garages, shared laundry. New Roof. rents may appear to be below market. All 4 units are tenant occupied. Close to Santana Row, Valley Fair, the new Apple campus, 280, Stevens Creek, San Tomas Expressway, Lawrence Expressway. Please do not disturb the tenants.
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 | 4,032 | 3,739.5 | 50% |
| Lot Size | 7,150 | 8,415 | 50% |
| Price | $3.20M | $2.69M | 50% |
| Price per sq ft | $793 | $712 | 50% |
| Built year | 1962 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 428 | 245 | 0% |
Feb 18, 2025
$3,198,000
Initial Listing