$1,762,000
SOLD APR 24, 2026

2186 Pasetta Dr Santa Clara, CA 95050

8 Beds
4 Baths
2,992 Sq Ft
6,534 Sq Ft Lot Lot

Sale Details

Date Sold: April 24, 2026

$589 Per Sq Ft

5% Above List Price

8 Days on Market

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Lilly Luo

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

Maxreal

Last Buyer's Agent

Yulia Goyal

Pinnacle Realty Advisors License #02200834

Pinnacle Realty Advisors

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

Listing and Financial Details

  • Total Actual Rent $105,972

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 Sold $1,762,000 +4.9% $589 / 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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML82039015

MLSListings

APN: 224-32-044

Your Personal Tour Guide

Ask me questions while you tour the home.