Four-Unit Apartment
New
For Sale
$1,995,000
2172 Aza DR, Santa Clara, CA 95050
Residential Income (2-4 units), SANTA CLARA, CA
Property Size3,556 SF
Lot Size0.23 Acres
Price / SF$561.02
Days on Market3
Property Features for 2172 Aza DR
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R318
Bedrooms
8
Rooms
Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 7, Bedroom 4
Parking
4
Parking features
Assigned, Carport
Appliances
Countertop - Granite, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
Subdivision
Santa Clara
Standard status
Active
Size
3,556 SF
Lot size
0.23 Acres
Utilities
Heating system
Wall Furnace
Cooling system
Wall Unit(s)
Water source
Public
Amenities
air conditioning
dishwashers
washers & dryers
covered parking
storage closet
private backyard
shared landscaped courtyard
Building Details
Year built
1958
Number of units
4
Flooring type
Tile, Laminate
Building materials
Wood Frame
Roof type
Composition
Listing Agency:
SiliconValley MultiFamilyGroup
(408) 356-1900
Listed By:
Michael Shields · License #01327546
(408) 354-7470
Added: Oct 5
Last Checked: Oct 7 at 3:06AM
MLS# ML82063660
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 single-story, four-unit property contains 3,556 square feet on a 0.2299-acre parcel. Each apartment offers two bedrooms and one bathroom, with an approximate area of 850 square feet. In-unit features include air conditioning, a dishwasher, and a washer and dryer. Residents also have dedicated storage closets; two apartments include private backyard areas, and a landscaped courtyard is shared by all four units. Parking includes a covered space and an additional on-site space for each residence.
The property is not subject to municipal rent control. Nearby technology companies named include ServiceNow, Applied Materials, Intel, NVIDIA, Advanced Micro Devices, Marvell Technology, Palo Alto Networks, and Agilent Technologies. Retail, dining, recreation, and major transportation corridors are also described as close by.
The property is not subject to municipal rent control. Nearby technology companies named include ServiceNow, Applied Materials, Intel, NVIDIA, Advanced Micro Devices, Marvell Technology, Palo Alto Networks, and Agilent Technologies. Retail, dining, recreation, and major transportation corridors are also described as close by.
Key Highlights
- Four 2‑bedroom, 1‑bathroom apartments in a single‑story building
- 3,556 square feet on a 0.2299‑acre parcel
- Each unit is approximately 850 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,832
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,516,640
$1.5M
Cap Rate 7%
$1,083,314
$1.1M
Cap Rate 9%
$842,578
$842.6K
Market Conditions
NOI Build-Up for 3,556 SF
Gross rent
$113.1K $31.80/SF
− Vacancy
−$4.7K −$1.34/SF
EGI
$108.3K $30.46/SF
− OpEx
−$32.5K −$9.14/SF
NOI
$75.8K $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%
$1,516,640
Cap Rate 7%
$1,083,314
Cap Rate 9%
$842,578
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$947.9K – $1.26M
NOI $75,832 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$960.8K
$840.7K – $1.12M
NOI $67,253 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$2.15M
$1.88M – $2.50M
NOI $150,277 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,308
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has private laundry, air conditioning, a dishwasher, and assigned covered parking.
Where is this quadplex located?
The property is located at 2172 Aza DR Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom apartments in a single‑story building; 3,556 square feet on a 0.2299‑acre parcel; Each unit is approximately 850 square feet
