$1,680,000
PENDING

2186 Pasetta Dr Santa Clara, CA 95050

Estimated payment $10,070/month

Total Views 421
8 Beds
4 Baths
2,992 Sq Ft
$561 Price per Sq Ft

About This Home

Rare Found well-maintained four-unit multifamily investment opportunity located in the heart of Santa Clara, California. The property consists of two upgraded two-bedroom, one-bath units and two partially upgraded two-bedroom, one-bath units, offering an ideal combination of stabilized income and value-add potential. The property encompasses approximately 3,000 square feet of living space on a 6600 sq. ft. lot, Featuring a low-rise design, concrete perimeter foundation, and two-story 4-plex structure. Each unit is individually metered for gas and electricity, with a master water meter. The property offers four covered carport spaces plus additional off-street parking, as well as a private backyard suitable for tenant gatherings. Positioned in a prime central Santa Clara location, the asset provides convenient access to major Silicon Valley employers, 5-10 minutes to Nvidia, Intel, Cisco, Apple and Google, Santa Clara universities, and premier retail and dining destinations such as Costco, Whole Foods, making it an attractive long-term investment with continued upside potential.

Listing Agent

Jing Luo

Maxreal License #01444964 Listed on: 03/17/2026

Maxreal

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,681
  • Maintenance Expense $2,800
  • Other Expense $51,600
  • Utility Expense $8,028
  • Trash Expense $2,000
  • Operating Expense $82,046
  • Gross Income $97,494

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Zoning: 4325
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Electric
  • Living Sq Ft: 2992
  • Stories: 2
  • Security: Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Oral
  • Gross Rent Multiplier: 15.85
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2681
  • Expense Landscape: 1200
  • Expense Maintenance: 2800
  • Expenses Other: 51600
  • Expenses Total: 82046
  • Expenses Utility: 8028
  • Expense Trash: 2000
  • Income Annual Gross: 97494.00
  • Income Annual Rental: 105972
  • Income Gross Scheduled: 105972
  • Income Includes: Lease
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 8

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 $13,229 $1,146,465 $557,551 $588,914
2024 $13,229 $1,123,986 $546,619 $577,367
2023 $13,097 $1,101,948 $535,901 $566,047
2022 $12,876 $1,080,343 $525,394 $554,949
2021 $12,827 $1,059,161 $515,093 $544,068
2020 $12,595 $1,048,302 $509,812 $538,490
2019 $12,578 $1,027,748 $499,816 $527,932
2018 $11,771 $1,007,597 $490,016 $517,581
2017 $11,713 $987,841 $480,408 $507,433
2016 $11,448 $968,473 $470,989 $497,484
2015 $11,405 $953,927 $463,915 $490,012
2014 $10,845 $935,242 $454,828 $480,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 Pending -- -- --
03/17/2026 03/17/26 For Sale $1,680,000 -- $561 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82039015

MLSListings

APN: 224-32-044

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