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Renovated Fourplex with Laundry
For Sale
$1,888,888

2125 Monroe ST, Santa Clara, CA 95050

MULTI_FAMILY - SANTA CLARA, CA

Property Size3,270 SF
Lot Size0.15 Acres
Price / SF$577.64
Days on Market93

Property Features for 2125 Monroe ST

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R325
Bedrooms 8
Rooms Bedroom 4, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6
Parking 1
Parking features Carport, Assigned
Subdivision Santa Clara
Standard status Active
Size 3,270 SF
Lot size 0.15 Acres

Utilities

Heating system Wall Furnace
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1960
Number of units 4
Flooring type Carpet, Linoleum
Roof type Shingle, Composition
Listing Agency: Intero Real Estate Services
Listed By: Andy Tse · License #01345580
Added: May 1 Changed: Jul 28 Last Checked: Aug 1 at 10:06AM
MLS# ML82045605

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fourplex offers four two-bedroom, one-bath units along with four parking spaces and an on-site laundry facility. The property has been renovated throughout, including updated kitchens and bathrooms, double pane windows, and new exterior paint, supporting a well-maintained, move-in-ready setup for tenants.

2125 Monroe St is located in Santa Clara, CA 95050, with convenient access to Highways 101, 880, and 87. The area also provides proximity to Santana Row, Lawrence Caltrain Station, Santa Clara University, and major employers including Apple, Intel, and Nvidia.

From a leasing or ownership perspective, the unit mix is consistent across the building, which can simplify tenanting and ongoing operations. Buyers also have the option to purchase 2127 Monroe St concurrently with this listing.

Key Highlights

  • Fourplex with four 2‑bedroom, 1‑bath units
  • All units renovated: kitchens, bathrooms, double‑pane windows, and new exterior paint
  • On‑site laundry facility plus 4 parking spaces

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 $104.0k $31.80
− Vacancy −$4.4k −$1.34
EGI $99.6k $30.46
− OpEx −$29.9k −$9.14
NOI $69.7k $21.33
3,270 SF · lease $31.80/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$996.2K
$871.7K – $1.16M (±1% cap)
NOI $69,733 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$883.5K
$773.1K – $1.03M (±1% cap)
NOI $61,844 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,190 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Lowell Maureen Family Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Florist Tanning Salon Fish Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby

Demographics for 95050, CA

39,031
Population
16,674
Households
2.3
Avg Household Size
35
Median Age
54%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
7,097
Density / Sq Mi
$130,051
Median Household Income
$73,578
Median Earnings
$2,522
Median Rent
$1,420,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom, one-bath units with off-street parking and on-site laundry, updated kitchens, baths, windows, and exterior paint.
Where is this quadplex located?
The property is located at 2125 Monroe ST Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,888,888.
What are key features of this property?
This property features: Fourplex with four 2‑bedroom, 1‑bath units; All units renovated: kitchens, bathrooms, double‑pane windows, and new exterior paint; On‑site laundry facility plus 4 parking spaces
More about this property
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