Income-Generating Triplex with
1080 Madison Street Santa Clara, CA 95050
1080 Madison Street, Santa Clara, CA, 95050
$1,850,000
For Sale
$1,850,000
Triplex home with three units, partially fenced front yard, converted screened porch, and a 3-car garage with extra storage.
Property Size3,739 SF
Price / SF$494.78
Days on Market55
Property Features for 1080 Madison Street
General Information
- Standard status
- Active
- Size
- 3,739 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
Intero Real Estate Services
(408) 202-8377
Listed by
Al Moridi · License #00994609
(408) 202-8377
Source
Exitrealty
Added: May 29 Updated: Jul 22 at 12:21AM Checked: Jul 22 at 7:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Intero Real Estate Services
Investment Insights
Based on property information with market context.
Discover 1080 Madison St., a centrally located triplex with approximately 3,739 square feet of versatile living space. Unit 1 features 2 bedrooms, 2 bathrooms, and inside laundry. Unit 2 offers 3 bedrooms and 2 bathrooms. Unit 3 includes 1 bedroom and 1 bathroom. The property’s partially fenced front yard provides privacy, and a converted screened porch adds additional flexible living space.
The home includes a 3-car garage, a large storage area above the garage, and one additional parking space. The property is described as having quick access to major freeways and expressways, with proximity to major tech employers including Nvidia, Intel, and Apple, as well as Levis Stadium, Santa Clara University, Kaiser Hospital, and shopping and dining destinations including Valley Fair and Santana Row.
Additional value is noted through Santa Clara’s low utility rates.
The home includes a 3-car garage, a large storage area above the garage, and one additional parking space. The property is described as having quick access to major freeways and expressways, with proximity to major tech employers including Nvidia, Intel, and Apple, as well as Levis Stadium, Santa Clara University, Kaiser Hospital, and shopping and dining destinations including Valley Fair and Santana Row.
Additional value is noted through Santa Clara’s low utility rates.
Key Highlights
- Triplex built in 1910 with approximately 3,739 SF of versatile living space
- Unit 1: 2 bed, 2 bath with inside laundry
- Unit 2: 3 bed, 2 bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.9k | $31.80 |
| − Vacancy | −$5.0k | −$1.34 |
| EGI | $113.9k | $30.46 |
| − OpEx | −$34.2k | −$9.14 |
| NOI | $79.7k | $21.33 |
3,739 SF · lease $31.80/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$996.7K – $1.33M
NOI $79,734 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$1.01M
$883.9K – $1.18M
NOI $70,714 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$2.26M
$1.98M – $2.63M
NOI $158,010 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex home with three units, partially fenced front yard, converted screened porch, and a 3-car garage with extra storage.
Where is this triplex located?
The property is located at 1080 Madison Street Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Triplex built in 1910 with approximately 3,739 SF of versatile living space; Unit 1: 2 bed, 2 bath with inside laundry; Unit 2: 3 bed, 2 bath
