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4230 Bassett Street 2, Santa Clara, California 95054, Santa Clara, 95054 - 4 bed, 2 bath

4230 Bassett Street 2, Santa Clara, California 95054 home-pic-0
ACTIVE UNDER CONTRACT$1,500,000
4230 Bassett Street 2, Santa Clara, California 95054
4Beds
2Baths
2,705Sqft
7,405Lot
Year Built
1986
Close
-
List price
$1.5M
Original List price
$1.9M
Price/Sqft
$555
HOA
-
Days on market
67 Days
Sold On
2024-09-20
MLS number
ML81973260
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(50th), sqft - 2705(93th), beds - 4(57th), baths - 2(43th).

Fantastic Investment Opportunity in Santa Clara, CA! Front house offers aprox 1,505 sqft, 4bed/2bath, while the second unit is aprox 1200 sqft, 2bed/1.5 bath. Each unit has its own 2 car garage. Combined 2,705 sqft of living space on a 7,745 sqft lot. Both units completely remodeled in the past few years, including stone countertops, stainless steel appliances, dual pane windows, and new gas range. Brand new copper water pipes throughout. Central forced air furnace and A/C with separate water meters for each unit. Both units are owner occupied and well maintained. Located in the heart of Santa Clara, CA near restaurants, businesses, and shopping centers, as well as in close proximity to HWY's 101, 237, and 880. Only a short distance from Levi's Stadium, Great America, and the light rail, making this a perfect location for someone looking to occupy and rent, or rent out both units! Don't miss out on this exceptional opportunity!

Nearby schools

4/10
Kathryn Hughes Elementary School
Public,•K-5•0.9mi
6/10
Don Callejon School
Public,•K-8•0.8mi
5/10
Buchser Middle School
Public,•6-8•3.5mi
6/10
Santa Clara High School
Public,•9-12•3.5mi

Price History

Date
Event
Price
08/26/25
Price Change
$1,500,000
07/15/24
Listing
$1,900,000
Condition Rating
Excellent
The property, though built in 1986, has been 'completely remodeled in the past few years' according to the description, which aligns with the 'extensively renovated within 5 years' criteria for an 'Excellent' rating. Key updates include stone countertops, stainless steel appliances (visible in Kitchen 1), dual pane windows, new gas range, brand new copper water pipes throughout, and central forced air furnace and A/C. The images show modern finishes, recessed lighting, and updated flooring (hardwood/laminate and tile) in both units. While Kitchen 2 shows some black appliances, the overall scope of the renovation, including major system replacements, indicates a high quality, virtually new condition.
Pros & Cons

Pros

Income-Generating Duplex Configuration: The property features two distinct, well-sized units (4bed/2bath and 2bed/1.5bath) with separate entrances and garages, offering significant rental income potential or owner-occupancy with supplemental income.
Extensive Recent Remodel: Both units have been completely remodeled in recent years, including stone countertops, stainless steel appliances, dual-pane windows, new gas ranges, and brand new copper water pipes, minimizing immediate capital expenditures for a buyer.
Prime Silicon Valley Location: Situated in the heart of Santa Clara, offering excellent proximity to major tech businesses, shopping, dining, and convenient access to Highways 101, 237, and 880, as well as local attractions like Levi's Stadium.
Independent Utilities & Modern Comforts: Each unit benefits from separate water meters, central forced air furnace, and A/C, providing independent climate control and utility billing, enhancing tenant appeal and operational efficiency.
Well-Maintained & Owner-Occupied Condition: The property has been owner-occupied and well-maintained, suggesting a higher standard of care and readiness for immediate occupancy or rental without significant deferred maintenance.

Cons

Significant Price Reduction: A substantial price drop from the original $1.9M to $1.5M (21%) could indicate initial overpricing or suggest a perceived value gap that required a significant adjustment to attract buyers.
Discrepancy in Property Type: Listed as a 'Single Family Residence' despite clearly being described as two separate units, which may complicate financing, zoning compliance, or buyer expectations for a true multi-unit property.
Age of Original Structure: While extensively remodeled, the property was built in 1986, meaning the core structure is nearly 40 years old, potentially leading to future maintenance needs for components not covered by the recent remodels.

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