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Two-Unit Duplex with Dual Garages
For Sale
$2,500,000

4032-4034 Davis ST, Santa Clara, CA 95054

Two separate residences feature updated kitchens, fireplaces, and private outdoor space at the rear home.

Property Size3,751 SF
Lot Size0.17 Acres
Price / SF$666.49
Days on Market12

Property Features for 4032-4034 Davis ST

General Information

Standard status Active
Size 3,751 SF
Total Parking Spaces 4
Lot size 0.17 Acres
Property subtype Duplex

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BD/2BA, 1 x 4BD/3BA
Multifamily Units 2

Amenities

fireplaces
updated kitchens
granite counters
stainless steel appliances
chef-inspired kitchen
private fenced backyard
patio space
walk-in closets

Building Details

Building Size 3,751 SF
Year Built 1985
Listing Agency: Realty Spin
Listed By: Pratima Agarwal · License #01899429
Source: Lynnnorth
Added: Sep 26 Changed: Oct 6 Last Checked: Oct 5 at 11:11PM

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 Realty Spin

Investment Insights

Based on property information with market context.

Built in 1985, this Santa Clara duplex contains two residences with approximately 3,751 square feet of living area on a 7,500-square-foot lot. One home offers 3 bedrooms and 2 bathrooms across approximately 1,705 square feet; the other has 4 bedrooms and 3 bathrooms in approximately 2,045 square feet. Both include fireplaces, laminate flooring, and updated kitchens with white shaker cabinetry, granite counters, and stainless steel appliances. The rear residence has a fenced backyard with lawn and patio areas. Two garages, each with space for two cars, provide parking and storage.

The property is near Rivermark, Mission College, Great America, Levi’s Stadium, light rail, major freeways, and Silicon Valley employers.

Key Highlights

  • Two residences total approximately 3,751 square feet on a 7,500‑square‑foot lot
  • 3‑bedroom, 2‑bathroom home with approximately 1,705 square feet
  • 4‑bedroom, 3‑bathroom home with approximately 2,045 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,990
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,800 $1.6M
Cap Rate 7%
$1,142,714 $1.1M
Cap Rate 9%
$888,778 $888.8K
Market Conditions
NOI Build-Up for 3,751 SF
Gross rent
$119.3K $31.80/SF
− Vacancy
−$5.0K −$1.34/SF
EGI
$114.3K $30.46/SF
− OpEx
−$34.3K −$9.14/SF
NOI
$80.0K $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%
$1,599,800
Cap Rate 7%
$1,142,714
Cap Rate 9%
$888,778

Alternative Uses

Best Use
Multifamily LT 5
$1.14M
$999.9K – $1.33M (±1% cap)
NOI $79,990 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$1.01M
$886.8K – $1.18M (±1% cap)
NOI $70,941 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,518 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Spa & Massage Center (Bike/Boat/Book/etc) Store Barber Shop Pet Grooming Service Garden Center

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

926
Businesses Nearby

Demographics for 95054, CA

25,024
Population
10,001
Households
2.5
Avg Household Size
34
Median Age
68%
College-Educated
94%
High-School Grad
6.4 sq mi
ZIP Area
3,910
Density / Sq Mi
$204,052
Median Household Income
$113,956
Median Earnings
$3,413
Median Rent
$1,475,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two separate residences feature updated kitchens, fireplaces, and private outdoor space at the rear home.
Where is this duplex located?
The property is located at 4032-4034 Davis ST Santa Clara, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two residences total approximately 3,751 square feet on a 7,500‑square‑foot lot; 3‑bedroom, 2‑bathroom home with approximately 1,705 square feet; 4‑bedroom, 3‑bathroom home with approximately 2,045 square feet
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