N
Seller's Agent in 2025
Nathan Gustavson
Compass
(415) 874-5000
56 Total Sales
2315 Monroe St Santa Clara, CA 95050
Santa Clara Area
5
Beds
5
Baths
3,048
Sq Ft
7,235
Sq Ft Lot
Highlights
- Granite Countertops
- 2 Car Attached Garage
- Coin Laundry
- Bowers Elementary School Rated A-
- Forced Air Heating System
- 4-minute walk to San Tomas and Monroe Neighborhood Park and Community Garden
About This Home
As of April 2025Compass Commercial is proud to present the exclusive listing of an extensively renovated fourplex at 2315 Monroe Street in the heart of highly desirable Santa Clara, California. Originally built in 1962, this exceptional investment property has undergone significant renovations in 2024-2025, blending modern upgrades with long-term value. The property features a spacious 2-Bed/1.5-Bath townhouse-style Owners Unit and three well-appointed 1 Bed/1-Bath units, offering a total of 3,048 square feet on a 7,405 square foot lot. Recent capital improvements include a brand-new 40-year pitched composition shingle roof, dual-pane windows throughout, fresh exterior paint, and new SB 721-compliant iron railings. Two units have been fully renovated with stylish modern interiors, while all units have received new Siemens electrical panels. The sewer line has been upgraded and cleared, ensuring long-term functionality. Additional enhancements include new perimeter fencing with key-code access, drought-resistant landscaping, sleek modern exterior signage, and improved parking with eight (8) on-site parking spaces, on-site laundry, and individually metered utilities, this turnkey investment offers strong rental upside and is an excellent opportunity for an owner-occupant or first-time investor.
Property Details
Home Type
- Multi-Family
Year Built
- 1962
Lot Details
- 7,235 Sq Ft Lot
- Fenced
Parking
- 2 Car Attached Garage
- 2 Carport Spaces
- Assigned Parking
Home Design
- Quadruplex
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,048 Sq Ft Home
- 2-Story Property
Kitchen
- Granite Countertops
- Tile Countertops
Utilities
- Forced Air Heating System
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $98,820
- Month-to-Month Lease Term
Community Details
Overview
Amenities
- Courtyard
- Coin Laundry
Building Details
- 4 Leased Units
- Gardener Expense $659
- Insurance Expense $3,000
- Maintenance Expense $2,800
- Other Expense $1,389
- Utility Expense $7,242
- Trash Expense $2,220
- Operating Expense $39,472
- Gross Income $99,901
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $1,817,000 | -3.9% | $596 / Sq Ft |
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | For Sale | $1,890,000 | -- | $620 / 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 | $3,559 | $2,000,000 | $1,100,000 | $900,000 |
| 2024 | $3,559 | $292,138 | $84,795 | $207,343 |
| 2023 | $3,559 | $286,411 | $83,133 | $203,278 |
| 2022 | $3,469 | $280,796 | $81,503 | $199,293 |
| 2021 | $3,453 | $275,291 | $79,905 | $195,386 |
| 2020 | $3,391 | $272,469 | $79,086 | $193,383 |
| 2019 | $3,387 | $267,128 | $77,536 | $189,592 |
| 2018 | $3,176 | $261,891 | $76,016 | $185,875 |
| 2017 | $3,159 | $256,757 | $74,526 | $182,231 |
| 2016 | $3,142 | $251,723 | $73,065 | $178,658 |
| 2015 | $3,129 | $247,943 | $71,968 | $175,975 |
| 2014 | $2,966 | $243,087 | $70,559 | $172,528 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Gustavson
-
Eric Peterson
Seller Co-Listing Agent in 2025
Eric Peterson
Compass
(408) 835-9697
3 Total Sales
-
Cameron Foster
C
Buyer Co-Listing Agent in 2025
Cameron Foster
Compass
(650) 548-9660
37 Total Sales
Map
Source: MLSListings
MLS Number: ML81998560
APN: 224-32-047
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