Fourplex with Two-Bedroom
For Sale
$1,999,888
2127 Monroe ST, Santa Clara, CA 95050
Fourplex offering four two-bedroom, one-bath units, four parking spaces, and an on-site laundry facility.
Property Size3,270 SF
Days on Market176
Property Features for 2127 Monroe ST
General Information
Standard status
Active
Size
3,270 SF
Total Parking Spaces
4
Property subtype
Fourplex
Occupancy
75%
Site & Location
Neighborhood
Newhall
Highway Access
Yes
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$22,272
Building Details
Building Size
3,270 SF
Year Built
1960
Tenancy
Multi
Listing Agency:
Intero Real Estate Services
Listed By:
Andy Tse · License #01345580
(408) 807-8808
Source:
Lynnnorth
Added: May 1
Changed: Oct 17
Last Checked: Oct 21 at 5:04AM
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
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Investment Insights
Based on property information with market context.
This fourplex at 2127 Monroe St includes four two-bedroom, one-bath units. The property has four parking spaces and an on-site laundry facility for tenant use. Unit 3 is currently vacant.
The location provides easy access to 101/880/87 and is within a short drive of Santana Row and Lawrence Caltrain Station, as well as Santa Clara University and major area employers including Apple, Intel, and Nvidia.
The listing also notes that buyers may purchase 2125 Monroe St concurrently with this offering.
The location provides easy access to 101/880/87 and is within a short drive of Santana Row and Lawrence Caltrain Station, as well as Santa Clara University and major area employers including Apple, Intel, and Nvidia.
The listing also notes that buyers may purchase 2125 Monroe St concurrently with this offering.
Key Highlights
- Fourplex at 2127 Monroe St with four 2‑bedroom, 1‑bath units
- Four parking spaces on site and an on‑site laundry facility
- Year built: 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,733
Cap Rate
3.49%
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 3.49%
Second Best
Apartment 5plus
$883.5K
$773.1K – $1.03M
NOI $61,844 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,190 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
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 - Fourplex offering four two-bedroom, one-bath units, four parking spaces, and an on-site laundry facility.
Where is this quadplex located?
The property is located at 2127 Monroe ST Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,999,888.
What are key features of this property?
This property features: Fourplex at 2127 Monroe St with four 2‑bedroom, 1‑bath units; Four parking spaces on site and an on‑site laundry facility; Year built: 1960
