3430 The Alameda, Santa Clara, California 95050, Santa Clara, 95050 - 0 bed, 0 bath
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Santa Clara, California 95050
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $1,919,000—positioned above the $1,755,333 Fair Market Value. While the price reflects a premium, the property offers significant utility through its Main House plus two ADUs configuration. With a Condition Rating of 4, the vintage infrastructure provides a stable foundation for long-term rental demand near Santa Clara University. This versatile layout is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs in a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3430 The Alameda Subject | $1,919,000* List Price | 0 | 0 | 2,204 | $796 | - |
A 934 Di Guilio Avenue Sold | $1,400,000 | 0 | 0 | 1,900 | $737 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property is well-maintained but dated. The interior features older flat-panel doors, basic vinyl flooring in utility areas, and wall-mounted heaters rather than a modern central HVAC system. While move-in ready, the systems and aesthetic reflect a lack of major renovation within the last 20 years.
The property features a main house plus two legal ADUs, offering a versatile triplex configuration ideal for high rental yield or multi-generational living in a high-demand area.
Situated within walking distance to Santa Clara University and close to Caltrain and San Jose Airport, the location ensures consistent tenant demand and long-term appreciation.
Each unit offers desirable single-story layouts with inside laundry, complemented by an oversized driveway, carport, and a rare walk-in basement for additional storage.
Originally built in 1955, the property may require ongoing maintenance or future modernization of core systems despite its well-maintained appearance.
At a list price of over $1.9M for a 5,850 sqft lot, the high acquisition cost may result in a lower initial capitalization rate for investors compared to other markets.
Welcome to a single-story home with two ADUs neighboring Santa Clara University. 1,100 SF, 2 bedroom/1 bathroom main house. 552 SF, 1 bedroom/1 bathroom ADU. 552 SF, 1 bedroom/1 bathroom ADU. Wonderfully maintained. Inviting living areas. Wonderful light throughout the home. Desirable single-story layouts. Inside laundry rooms. Oversized driveway. Carport and storage. Walk-in basement. private yard with dining patios. Walk or bike to parks, San Jose Airport, Santa Clara University, Caltrain, Costco, Santa Clara Police Department, Downtown Santa Clara, shopping, dining and more. Convenient access to expressways and highways.
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 | 2,204 | 2,534 |
| Lot Size | 5,850 | 10,188 |
| Price | $1.92M | $1.75M |
| Price per sq ft | $871 | $737 |
| Built year | 1955 | 1959 |
| HOA | $0 | $0 |
| Days on market | 20 | 84 |
Jul 2, 2026
$1,919,000
Initial Listing