$1,999,888

Estimated payment $12,424/month

8 Beds
4 Baths
3,270 Sq Ft
$612 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. 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! Unit 3 is currently vacant and can be a potential owner occupied unit. 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: 05/01/2026

Intero Real Estate Services

Co-Listing Agent

Anjali Kausar

Intero Real Estate Services License #01828065

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

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,409
  • Maintenance Expense $1,000
  • Other Expense $1,100
  • Utility Expense $7,800
  • Trash Expense $2,500
  • Operating Expense $35,279
  • Gross Income $106,124

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

6,395 Sq Ft Lot

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • 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

  • High School: 410

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
  • Gross Rent Multiplier: 16.39
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2409
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expenses Other: 1100
  • Expenses Total: 35279
  • Expenses Utility: 7800
  • Expense Trash: 2500
  • Income Annual Gross: 106124.00
  • Income Annual Rental: 107340
  • Income Gross Scheduled: 108290
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 950
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,852 $1,903,932 $1,487,772 $416,160
2024 $21,852 $1,866,600 $1,458,600 $408,000
2023 $21,634 $1,830,000 $1,430,000 $400,000
2022 $6,133 $505,909 $147,164 $358,745
2021 $6,108 $495,990 $144,279 $351,711
2020 $5,996 $490,905 $142,800 $348,105
2019 $5,990 $481,280 $140,000 $341,280
2018 $5,611 $471,844 $137,255 $334,589
2017 $5,583 $462,593 $134,564 $328,029
2016 $5,496 $453,524 $131,926 $321,598
2015 $5,475 $446,713 $129,945 $316,768
2014 $5,201 $437,963 $127,400 $310,563
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2026 05/01/26 For Sale $1,999,888 +5.3% $612 / Sq Ft
11/10/2022 11/10/22 Sold $1,900,000 0.0% $581 / Sq Ft View Prior Sale
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

Source: MLSListings

MLS Number: ML82045606

MLSListings

APN: 224-30-054

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