Historic Triplex with Three
1086 Madison Street Santa Clara, CA 95050
1086 Madison Street, Santa Clara, CA, 95050
$1,600,000
For Sale
$1,600,000
Historic triplex offering three residential units and an attached 2-car garage plus an additional parking space.
Property Size4,354 SF
Price / SF$367.48
Days on Market54
Property Features for 1086 Madison Street
General Information
- Standard status
- Active
- Size
- 4,354 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing agency
Intero Real Estate Services
(408) 342-3123
Listed by
Al Moridi · License #00994609
(408) 342-3123
Source
Exitrealty
Added: May 29 Updated: Jul 20 at 6:30PM Checked: Jul 21 at 4:58AM
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.
This historic triplex includes three residential units with distinct bedroom and bathroom configurations. Unit 1 is a 1-bedroom, 1-bath layout, Unit 2 features 2 bedrooms and 2 bathrooms, and Unit 3 offers 3 bedrooms and 2.5 bathrooms. The property also includes an oversized porch, a 2-car garage, and an additional parking space. Two large backyard storage units provide extra off-structure storage.
The property is located near major freeways and expressways, with close proximity to NVIDIA, Intel, and Apple, as well as Levi’s Stadium, Santa Clara University, Kaiser Permanente, and shopping and dining at Westfield Valley Fair, Santana Row, and downtown Santa Clara.
Overall, the building’s unit mix supports a flexible residential income setup while retaining historic character and practical outdoor storage space.
The property is located near major freeways and expressways, with close proximity to NVIDIA, Intel, and Apple, as well as Levi’s Stadium, Santa Clara University, Kaiser Permanente, and shopping and dining at Westfield Valley Fair, Santana Row, and downtown Santa Clara.
Overall, the building’s unit mix supports a flexible residential income setup while retaining historic character and practical outdoor storage space.
Key Highlights
- Historic triplex built in 1950 in Santa Clara’s Old Quad neighborhood
- Approximately 4,354 sq. ft. total living space with 3 residential units
- Unit mix: 1BD/1BA, 2BD/2BA, and 3BD/2.5BA across the three units
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 | $138.5k | $31.80 |
| − Vacancy | −$5.8k | −$1.34 |
| EGI | $132.6k | $30.46 |
| − OpEx | −$39.8k | −$9.14 |
| NOI | $92.8k | $21.33 |
4,354 SF · lease $31.80/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.33M
$1.16M – $1.55M
NOI $92,849 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,345 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,000 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cibart Adele Pat
Medical Clinic
Liberty Co
Insurance Agency
Teeke Larry
Insurance Agency
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FAQs
What type of property is this?
Triplex - Historic triplex offering three residential units and an attached 2-car garage plus an additional parking space.
Where is this triplex located?
The property is located at 1086 Madison Street Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Historic triplex built in 1950 in Santa Clara’s Old Quad neighborhood; Approximately 4,354 sq. ft. total living space with 3 residential units; Unit mix: 1BD/1BA, 2BD/2BA, and 3BD/2.5BA across the three units
