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4-Unit Apartment Building
For Sale
$1,599,888

2236 Deborah Drive, Santa Clara, CA 95050

ResidentialIncome, Tract, SantaClara, CA

Property Size3,120 SF
Lot Size0.15 Acres
Price / SF$512.78
Days on Market16

Property Features for 2236 Deborah Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R325
Parking features Carport, Covered
Appliances GarbageDisposal, HoodOverRange, OvenRangeElectric, Refrigerator
Lot features Grade Level, Regular
Elementary school SantaClaraUnified
High school SantaClaraUnified
Elementary school district SantaClaraUnified
High school district SantaClaraUnified
Directions Off Monroe St, right on Deborah if coming west from Scott Blvd. Left on Deborah off Monroe St if coming east from Los Padres Blvd.
Subdivision SantaClara
Standard status Active
APN 224-32-027
Size 3,120 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 3750

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1962
Floors in Building 2
Number of units 4
Flooring type Laminate, Linoleum, Carpet, Tile
Roof type Composition, Tar/Gravel
Architectural style Other
Additional Structures Shed(s)
Listing Agency: Realty World Villa California
Listed By: David Verbera · License #00878672
Added: Oct 6 Changed: Oct 21 Last Checked: Oct 21 at 10:06AM
MLS# ML82063673

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 two-story apartment property contains four residences, each configured with two bedrooms and one bathroom. The building totals 3,120 square feet on a 0.1515-acre lot. Improvements include some updated kitchen components, double-pane windows in many units, and a bathroom renovation in Unit C completed in 2026. Each residence has a dedicated storage closet, and the property includes a four-car covered carport. Gas and electric meters serve the individual units; water, gas, and electric meters also serve the house. The property has public water and sewer, electric heating, and low-maintenance landscaping.

Located in Santa Clara, the property is near major Silicon Valley technology companies, commute routes, and public transportation. The units are leased month to month, and the source information states that the city has no local rent control.

Key Highlights

  • Four units, each with 2 bedrooms and 1 bathroom
  • 3,120 square feet on a 0.1515‑acre lot
  • Two‑story building constructed in 1962

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,534
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,680 $1.3M
Cap Rate 7%
$950,486 $950.5K
Cap Rate 9%
$739,267 $739.3K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$99.2K $31.80/SF
− Vacancy
−$4.2K −$1.34/SF
EGI
$95.0K $30.46/SF
− OpEx
−$28.5K −$9.14/SF
NOI
$66.5K $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%
$1,330,680
Cap Rate 7%
$950,486
Cap Rate 9%
$739,267

Alternative Uses

Best Use
Multifamily LT 5
$950.5K
$831.7K – $1.11M (±1% cap)
NOI $66,534 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$843.0K
$737.6K – $983.5K (±1% cap)
NOI $59,007 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,851 @ 7.0% cap · market cap 8.24%
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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,314
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has two bedrooms and one bathroom, with month-to-month tenancies.
Where is this quadplex located?
The property is located at 2236 Deborah Drive Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,599,888.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 3,120 square feet on a 0.1515‑acre lot; Two‑story building constructed in 1962
More about this property
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