Fourplex with On-Site
For Sale
$1,999,888
2127 Monroe ST, Santa Clara, CA 95050
MULTI_FAMILY - SANTA CLARA, CA
Property Size3,270 SF
Lot Size0.15 Acres
Price / SF$611.59
Days on Market90
Property Features for 2127 Monroe ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R325
Bedrooms
8
Rooms
Bedroom 2, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 3
Parking
1
Parking features
Carport
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
Linoleum, Carpet
Roof type
Composition, Shingle
Listing Agency:
Intero Real Estate Services
(408) 741-1600
Listed By:
Andy Tse · License #01345580
(408) 807-8808
Added: May 4
Changed: Jul 28
Last Checked: Aug 1 at 10:06AM
MLS# ML82045606
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 at 2127 Monroe St contains four two-bedroom, one-bath units. The property includes four parking spaces and an on-site laundry facility. Unit 3 is currently vacant, offering buyers the option to occupy a unit while receiving rental income from the remaining homes.
The property is zoned R325 and sits on a lot size of 0.1468 acres. The location provides easy access to 101/880/87 and a short drive to Santana Row, Lawrence Caltrain Station, Santa Clara University, and major employers including Apple, Intel, and Nvidia.
For investors or owner-occupants, the unit mix and vacancy provide flexibility within a single asset. Buyers may also have the option to purchase 2125 Monroe St concurrently with this listing, depending on their goals and underwriting.
The property is zoned R325 and sits on a lot size of 0.1468 acres. The location provides easy access to 101/880/87 and a short drive to Santana Row, Lawrence Caltrain Station, Santa Clara University, and major employers including Apple, Intel, and Nvidia.
For investors or owner-occupants, the unit mix and vacancy provide flexibility within a single asset. Buyers may also have the option to purchase 2125 Monroe St concurrently with this listing, depending on their goals and underwriting.
Key Highlights
- Fourplex with four two‑bedroom, one‑bath units
- On‑site laundry facility for residents
- Four parking spaces with carport parking
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
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.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,135
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom, one-bath units with on-site laundry and parking, with one unit currently vacant.
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 with four two‑bedroom, one‑bath units; On‑site laundry facility for residents; Four parking spaces with carport parking
