$1,990,000

Estimated payment $13,013/month

Total Views 9,456
8 Beds
4 Baths
3,270 Sq Ft
$609 Price per Sq Ft

Highlights

  • Coin Laundry
  • Buchser Middle School Rated A-
  • Carpet

About This Home

Welcome to 2125 Monroe St, located in the desirable area of Santa Clara. This fourplex consists of four two-bedroom, one-bath units, four parking spaces, and an on-site coin laundry facility. All units have double pane windows. Convenient location, Short drive to Santana Row, Lawrence Caltrain Station, Santa Clara University, Apple, Intel, and Nvidia! Easy access to 101/880/87. This is a great investment with upside potential! Buyers have the option to purchase 2127 Monroe St concurrently with this listing.

Listing Agent

Andy Tse

Intero Real Estate Services License #01345580 Listed on: 02/07/2025

Intero Real Estate Services

Co-Listing Agent

Justin Carrow

Intero Real Estate Services License #01917854

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 6,717 Sq Ft Lot

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,270 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $3,753
  • Insurance Expense $1,700
  • Maintenance Expense $10,648
  • Manager Expense $8,880
  • Utility Expense $7,674
  • Operating Expense $54,507
  • Gross Income $108,583

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Age: 65
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 3270
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 4

Utilities

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

Schools

  • School District: Santa Clara Unified
  • Elementary School: Scott Lane Elementary
  • Middle School: Juan Cabrillo Middle
  • High School: Adrian Wilcox High
  • High School: 410
  • Elementary School: 401
  • Middle School: 405

Lot Info

  • Lot Acres: 0.1542
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6715.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6715.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month, Security Deposit
  • Gross Rent Multiplier: 17.78
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1700
  • Expense Landscape: 3753
  • Expense Maintenance: 10648
  • Expense Management: 8880
  • Expenses Total: 54507
  • Expenses Utility: 7674
  • Income Annual Gross: 108583.00
  • Income Annual Rental: 111000
  • Income Gross Scheduled: 111941
  • Income Includes: Laundry, Rents
  • Income Other: 941
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Services - Sewer, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Map

Range of Values:

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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 Change Sq Ft Price
02/07/2025 02/07/25 For Sale $1,990,000 +4.7% $609 / Sq Ft
11/10/2022 11/10/22 Sold $1,900,000 0.0% $581 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $1,900,000 -5.0% $581 / Sq Ft
04/19/2022 04/19/22 For Sale $2,000,000 -- $612 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML81993342

MLSListings

APN: 224-30-053