Well-Maintained Quadplex with
For Sale
$1,879,990
2131 Main ST, Santa Clara, CA 95050
Four-unit multifamily property with updated exteriors, on-site laundry, parking, and individually metered gas and electric service.
Property Size2,888 SF
Days on Market49
Property Features for 2131 Main ST
General Information
Standard status
Active
Size
2,888 SF
Property subtype
Fourplex
Site & Location
Neighborhood
Newhall
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$11,200
Amenities
coin-operated laundry
large backyard
Building Details
Building Size
2,888 SF
Year Built
1961
Listing Agency:
Sunrise Realty
Listed By:
Tam Thi Bang Nguyen · License #01140559
(408) 391-8006
Source:
Lynnnorth
Added: Sep 5
Changed: Oct 11
Last Checked: Oct 21 at 3:18AM
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 Sunrise Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,888-square-foot quadplex, constructed in 1961, offers four multifamily units with a practical operating setup. Several units received remodeling work in 2023 and 2024, while the exterior has been freshly painted. Gas and electricity are separately metered by unit, and water is served through a master meter. On-site amenities include coin-operated laundry, a four-car garage, additional parking, and a large backyard. Recent property improvements also include select doors and fencing.
The property is located in Santa Clara near Santa Clara University, the Historic Old Quad, Lawrence Caltrain Station, Apple, Intel, Nvidia, and Google. Shopping, restaurants, Costco, Whole Foods, and Home Depot are also nearby. Access to Freeways 101, 880, and 87 adds regional connectivity.
The property is located in Santa Clara near Santa Clara University, the Historic Old Quad, Lawrence Caltrain Station, Apple, Intel, Nvidia, and Google. Shopping, restaurants, Costco, Whole Foods, and Home Depot are also nearby. Access to Freeways 101, 880, and 87 adds regional connectivity.
Key Highlights
- 2,888‑square‑foot quadplex constructed in 1961
- Some units remodeled in 2023 and 2024
- Four‑car garage, additional parking, and large backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,587
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,740
$1.2M
Cap Rate 7%
$879,814
$879.8K
Cap Rate 9%
$684,300
$684.3K
Market Conditions
NOI Build-Up for 2,888 SF
Gross rent
$91.8K $31.80/SF
− Vacancy
−$3.9K −$1.34/SF
EGI
$88.0K $30.46/SF
− OpEx
−$26.4K −$9.14/SF
NOI
$61.6K $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%
$1,231,740
Cap Rate 7%
$879,814
Cap Rate 9%
$684,300
Alternative Uses
Best Use
Multifamily LT 5
$879.8K
$769.8K – $1.03M
NOI $61,587 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$780.3K
$682.7K – $910.3K
NOI $54,619 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M
NOI $122,047 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,639
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 - Four-unit multifamily property with updated exteriors, on-site laundry, parking, and individually metered gas and electric service.
Where is this quadplex located?
The property is located at 2131 Main ST Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,879,990.
What are key features of this property?
This property features: 2,888‑square‑foot quadplex constructed in 1961; Some units remodeled in 2023 and 2024; Four‑car garage, additional parking, and large backyard
