Renovated 4-Unit
For Sale
$1,888,888
2125 Monroe Street, Santa Clara, CA 95050
ResidentialIncome, SantaClara, CA
Property Size3,270 SF
Lot Size0.15 Acres
Price / SF$577.64
Days on Market174
Property Features for 2125 Monroe Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R325
Parking
1
Parking features
Assigned, Carport
Elementary school
SantaClaraUnified
Middle school
JuanCabrilloMiddle
High school
SantaClaraUnified
Elementary school district
SantaClaraUnified
High school district
SantaClaraUnified
Subdivision
SantaClara
Standard status
Active
APN
224-30-053
Size
3,270 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
6107
Utilities
Sewer type
Public Sewer
Cooling system
Wall Unit(s)
Water source
Public
Amenities
on-site laundry facility
Building Details
Year built
1960
Floors in Building
2
Number of units
4
Flooring type
Linoleum, Carpet
Roof type
Shingle, Composition
Listing Agency:
Intero Real Estate Services
(408) 741-1600
Listed By:
Andy Tse · License #01345580
(408) 807-8808
Added: May 1
Changed: Oct 21
Last Checked: Oct 21 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.
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Investment Insights
Based on property information with market context.
This 1960-built quadplex contains four two-bedroom, one-bath units across 3,270 square feet. Renovations in every unit include updated kitchens and bathrooms, while double-pane windows and new exterior paint add to the property’s improvements. On-site laundry and four parking spaces are also included. The building has wall-unit cooling, linoleum and carpet flooring, a shingle and composition roof, public water, and public sewer. The property is zoned R325 and occupies 0.1542 acres.
The property is in Santa Clara, with stated access to US 101, I-880, and SR 87. Santana Row, Lawrence Caltrain Station, Santa Clara University, Apple, Intel, and Nvidia are identified as a short drive away.
The property is in Santa Clara, with stated access to US 101, I-880, and SR 87. Santana Row, Lawrence Caltrain Station, Santa Clara University, Apple, Intel, and Nvidia are identified as a short drive away.
Key Highlights
- Four two‑bedroom, one‑bath units
- Renovations in all units include kitchens, bathrooms, double‑pane windows, and new exterior paint
- 3,270 square feet on 0.1542 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,733
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,394,660
$1.4M
Cap Rate 7%
$996,186
$996.2K
Cap Rate 9%
$774,811
$774.8K
Market Conditions
NOI Build-Up for 3,270 SF
Gross rent
$104.0K $31.80/SF
− Vacancy
−$4.4K −$1.34/SF
EGI
$99.6K $30.46/SF
− OpEx
−$29.9K −$9.14/SF
NOI
$69.7K $21.33/SF
Area
Santa Clara, CA
Vacancy
4.20%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,394,660
Cap Rate 7%
$996,186
Cap Rate 9%
$774,811
Alternative Uses
Best Use
Multifamily LT 5
$996.2K
$871.7K – $1.16M
NOI $69,733 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$883.5K
$773.1K – $1.03M
NOI $61,844 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,190 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,616
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has updated kitchens and bathrooms, double-pane windows, and access to on-site laundry.
Where is this quadplex located?
The property is located at 2125 Monroe Street 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: Four two‑bedroom, one‑bath units; Renovations in all units include kitchens, bathrooms, double‑pane windows, and new exterior paint; 3,270 square feet on 0.1542 acres
