$1,550,000
SOLD OCT 2, 2025

2335 Monroe St Santa Clara, CA 95050

8 Beds
4 Baths
3,048 Sq Ft
6,599 Sq Ft Lot

Recently Sold

$509 Per Sq Ft

14% Below List Price

141 Days on Market

Highlights

  • Granite Countertops
  • Coin Laundry
  • 3-minute walk to San Tomas and Monroe Neighborhood Park and Community Garden
  • Bowers Elementary School Rated A-
  • Carpet

About This Home

As of October 2025

Welcome to 2335 Monroe St, a well-located property in the heart of Silicon Valley. This fourplex offers four 2-bedroom, 1-bathroom units, each featuring comfortable living spaces, designated carport parking, and access to convenient shared laundry facilities. Its conveniently situated just a short drive to Santana Row, Lawrence Caltrain Station, Santa Clara University, and major tech employers such as Apple, Intel, Nvidia, and many others. In addition to its strategic location, the property offers easy access to major highways including 101, 880, and 87, allowing for smooth commutes across the region. The benefit of low Santa Clara utilities adds to the appeal. This property presents a rare opportunity with solid returns and upside potential for future growth.

Last Agent to Sell the Property

Al Moridi

Intero Real Estate Services License #00994609 Listed on: 04/16/2025

Intero Real Estate Services

Last Buyer's Agent

Robert Gosalvez

Compass License #01272788

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,599 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,048 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Carport Spaces
  • On-Street Parking
  • Off-Street Parking
  • Off-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $92,400

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $960
  • Insurance Expense $2,643
  • Maintenance Expense $2,380
  • Utility Expense $13,574
  • Operating Expense $39,557
  • Gross Income $92,400

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3048
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Countertop - Granite, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3048
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, Off-Site Parking, Off-Street Parking, On Street, Parking Area
  • Carport Min: 4

Utilities

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

Lot Info

  • Lot Acres: 0.1515
  • 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): Month To Month
  • Gross Rent Multiplier: 17.32
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2643
  • Expense Landscape: 960
  • Expense Maintenance: 2380
  • Expenses Total: 39557
  • Expenses Utility: 13574
  • Income Annual Gross: 92400.00
  • Income Annual Rental: 92400
  • Income Gross Scheduled: 92400
  • Income Includes: Laundry, Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Miscellaneous/Other, Services - Gardener, Services - Trash Removal, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Range of Values:

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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
10/02/2025 10/02/25 Sold $1,550,000 -3.1% $509 / Sq Ft
09/04/2025 09/04/25 Pending -- -- --
07/21/2025 07/21/25 Price Changed $1,600,000 -5.9% $525 / Sq Ft
06/03/2025 06/03/25 Price Changed $1,699,950 -5.6% $558 / Sq Ft
04/16/2025 04/16/25 For Sale $1,799,950 -- $591 / 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 $7,206 $1,271,028 $614,008 $657,020
2024 $7,206 $605,259 $183,961 $421,298
2023 $7,133 $593,392 $180,354 $413,038
2022 $7,016 $581,758 $176,818 $404,940
2021 $6,988 $570,351 $173,351 $397,000
2020 $6,862 $564,504 $171,574 $392,930
2019 $6,853 $553,436 $168,210 $385,226
2018 $6,417 $542,585 $164,912 $377,673
2017 $6,386 $531,947 $161,679 $370,268
2016 $6,275 $521,517 $158,509 $363,008
2015 $6,251 $513,685 $156,129 $357,556
2014 $5,938 $503,623 $153,071 $350,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82002179

MLSListings

APN: 224-32-051