$1,990,000

2127 Monroe St Santa Clara, CA 95050

Downtown Santa Clara Neighborhood

Estimated payment $12,750/month

Total Views 30,832
8 Beds
4 Baths
3,270 Sq Ft
$609 Price per Sq Ft

About This Home

Welcome to 2127 Monroe St, located in the desirable area of Santa Clara. This fourplex consists of four two-bedroom, one-bath units, four parking spaces, and an on-site laundry facility. All units have been renovated including kitchens, bathrooms, double pane windows, and new exterior paint. Convenient location, Short drive to Santana Row, Lawrence Caltrain Station, Santa Clara University, Apple, Intel, and Nvidia! Easy access to 101/880/87. This is a great investment with upside potential! Buyers have the option to purchase 2125 Monroe St concurrently with this listing.

Listing Agent

Andy Tse

Intero Real Estate Services License #01345580 Listed on: 02/07/2025

Intero Real Estate Services

Co-Listing Agent

Justin Carrow

Intero Real Estate Services License #01917854

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 6,395 Sq Ft Lot

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,270 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $3,025
  • Insurance Expense $1,691
  • Maintenance Expense $2,970
  • Manager Expense $3,641
  • Other Expense $400
  • Utility Expense $6,227
  • Trash Expense $4,813
  • Operating Expense $44,619
  • Gross Income $90,325

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Age: 65
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 3270
  • Stories: 2
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Crawl Space, Post And Pier
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Clara Unified
  • Elementary School: Scott Lane Elementary
  • Middle School: Juan Cabrillo Middle
  • High School: Adrian Wilcox High
  • High School: 410
  • Elementary School: 401
  • Middle School: 405

Lot Info

  • Lot Acres: 0.1468
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6395.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6395.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 21.59
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1691
  • Expense Landscape: 3025
  • Expense Maintenance: 2970
  • Expense Management: 3641
  • Expenses Other: 400
  • Expenses Total: 44619
  • Expenses Utility: 6227
  • Expense Trash: 4813
  • Income Annual Gross: 90325.00
  • Income Annual Rental: 91216
  • Income Gross Scheduled: 92168
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 952
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Insurance, Maintenance - Exterminator, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 For Sale $1,990,000 +4.7% $609 / Sq Ft
11/10/2022 11/10/22 Sold $1,900,000 0.0% $581 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $1,900,000 -5.0% $581 / Sq Ft
04/19/2022 04/19/22 For Sale $2,000,000 -- $612 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML81993343

MLSListings

APN: 224-30-054

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

2127 Monroe St, Santa Clara, CA

This home is located at 2127 Monroe St, Santa Clara, CA 95050 and is currently priced at $1,990,000, approximately $608 per square foot. This property was built in 1960. 2127 Monroe St is a home located in Santa Clara County with nearby schools including Scott Lane Elementary School, Buchser Middle School, and Santa Clara High School.

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Andy Tse
Listing Agent
Andy Tse
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Intero Real Estate Services
(669) 587-2403