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Fourplex with Shared Laundry
New
For Sale
$1,749,000

2379 Galway Court, Santa Clara, CA 95050

Fourplex offering four two-bedroom, one-bath units with shared laundry facility and easy access to major Silicon Valley corridors.

Property Size3,117 SF
Price / SF$561.12
Days on Market5

Property Features for 2379 Galway Court

General Information

Standard status Active
Size 3,117 SF
Property subtype Multi Family

Additional Details

Highway Access Yes

Amenities

shared laundry facility

Building Details

Year Built 1962
Buildings 1
Tenancy Multi
Listing Agency: Referral Realty Rogers
Listed By: Christopher Cossitor · License #01873717
Source: Exitrealty
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 31 at 7:10AM

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 Referral Realty Rogers

Investment Insights

Based on property information with market context.

This fourplex offers four two-bedroom, one-bath units within a single investment property, built in 1962. Residents also have access to a shared laundry facility, supporting day-to-day convenience across all units. The property totals 3,117 SF and is positioned as a straightforward multifamily option for rental-focused ownership.

Located in Santa Clara at 2379 Galway Court, the building is described as well-located with convenient access to major Silicon Valley employers and destinations. Residents are within a short drive of Santana Row and Caltrain Station, and also close to Santa Clara University. Commuting is supported by easy access to Highways 101, 880, and 87.

With four separate residential units and a shared laundry amenity, this property’s layout is geared toward practical, repeatable occupancy for a rental market serving the Silicon Valley area.

Key Highlights

  • Four units: each unit has two bedrooms and one bathroom
  • Shared laundry facility for residents
  • Total size 3,117 SF

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 $99.1k $31.80
− Vacancy −$4.2k −$1.34
EGI $95.0k $30.46
− OpEx −$28.5k −$9.14
NOI $66.5k $21.33
3,117 SF · lease $31.80/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$949.6K
$830.9K – $1.11M (±1% cap)
NOI $66,470 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$842.1K
$736.9K – $982.5K (±1% cap)
NOI $58,950 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,725 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Barber Shop Bar & Pub Veterinary Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,122
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex offering four two-bedroom, one-bath units with shared laundry facility and easy access to major Silicon Valley corridors.
Where is this quadplex located?
The property is located at 2379 Galway Court Santa Clara, CA.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Four units: each unit has two bedrooms and one bathroom; Shared laundry facility for residents; Total size 3,117 SF
More about this property
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