NOT LISTED FOR SALE

2130 Main St Santa Clara, CA 95050

Downtown Santa Clara Neighborhood
9 Beds
5 Baths
3,872 Sq Ft
5,985 Sq Ft Lot

Last Sold January 17, 2019

Last sale price $1,670,000 $431 Per Sq Ft

22 Days on Market

About This Home

As of January 2019

Marcus & Millichap has been selected to exclusively represent 2130 Main Street, a recently renovated 4-plex complex located in Santa Clara, CA. The complex consists of one three-bedroom/two-bathroom unit, and three two-bedroom/one-bathroom units. The property has no rent control limitations, with huge potential upside in current rents. The renovated unit features new oak kitchen cabinets, granite counters, new tiled floors, and granite showers. There is a gross building area of 3,872 square feet.

Last Agent to Sell the Property

Robert Johnston

Marcus & Millichap License #01853816 Listed on: 10/31/2018

Last Buyer's Agent

Lakshmi Sathyanarayana

Keller Williams Thrive License #01472095

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 5,985 Sq Ft Lot

Parking

  • 5 Car Garage
  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,872 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,600

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $840
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Utility Expense $7,634
  • Operating Expense $33,588
  • Gross Income $95,642

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

5

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3872
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3872
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 5
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1374
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5985.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5985.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.21
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 840
  • Expense Maintenance: 2000
  • Expenses Total: 33588
  • Expenses Utility: 7634
  • Income Annual Gross: 95642.00
  • Income Annual Rental: 96600
  • Income Gross Scheduled: 98600
  • Income Includes: Laundry, Rents
  • Income Other: 2000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Repair, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
01/17/2019 01/17/19 Sold $1,670,000 +4.5% $431 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
11/17/2018 11/17/18 Price Changed $1,598,000 -15.0% $413 / Sq Ft
10/31/2018 10/31/18 For Sale $1,880,000 -- $486 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

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 $21,449 $1,868,490 $1,143,405 $725,085
2024 $21,449 $1,831,854 $1,120,986 $710,868
2023 $21,234 $1,795,936 $1,099,006 $696,930
2022 $20,881 $1,760,722 $1,077,457 $683,265
2021 $20,802 $1,726,199 $1,056,331 $669,868
2020 $20,425 $1,708,500 $1,045,500 $663,000
2019 $12,801 $1,045,512 $775,358 $270,154
2018 $11,979 $1,025,012 $760,155 $264,857
2017 $11,921 $1,004,914 $745,250 $259,664
2016 $11,650 $985,211 $730,638 $254,573
2015 $11,606 $970,414 $719,664 $250,750
2014 $11,038 $951,406 $705,567 $245,839
Source: Public Records

Agents Affiliated with this Home

  • Robert Johnston

    Seller's Agent in 2019

    Robert Johnston

    Marcus & Millichap

    (510) 304-8077

    1 in this area

    128 Total Sales

    Robert Johnston
    Section Image

  • L

    Buyer's Agent in 2019

    Lakshmi Sathyanarayana

    Keller Williams Thrive

    Section Image
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Map

Source: MLSListings

MLS Number: ML81729724

MLSListings

APN: 224-30-092

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

2130 Main St, Santa Clara, CA

Not Listed for Sale

MultiFamily

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