Magnify is pleased to present 2136 Main Street in Santa Clara, a prime multifamily investment in one of Silicon Valleys most dynamic rental markets. Built in 1963, the property features a well-balanced unit mix of one 2-Bed/1-Bath unit and five 1-Bed/1-Bath units, totaling 3,784 rentable square feet on an expansive… Read More 8,550 square foot lot. The asset presents clear value-add potential through interior renovations and strategic rent repositioning, making it ideal for investors seeking stable in-place income with meaningful long-term growth. The seller is currently in the process of completing a main electrical panel upgrade, providing added infrastructure value and reducing future capital expenditure for the next owner. Additional upgrades include a new roof in 2016, dual-pane windows, and remodeled kitchens, bathrooms, and flooring in several units. Ideally located just minutes from major employers including NVIDIA, Oracle, and Intel, the property benefits from a deep and stable tenant base. Residents enjoy close proximity to premier lifestyle destinations such as Levis Stadium, Santana Row, and Santa Clara University. With convenient access to Highways 101, 280, and 880, the location offers excellent regional connectivity, supporting strong tenant demand and long-term retention. Read Less
Courtesy of Magnify Real Estate, David Katz 408-438-0585
Listing Snapshot
Days Online
290
Last Updated
Property Type
Five Or More Units
Square Ft.
3,784
Lot Size
0.2 Acres
Year Built
1963
MLS Number
ML82044555
30 Days Snapshot Of 95050
$1.50M
+7%
(avg) sold price
12
-47%
homes sold
13
-60%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 8550.00, Max Area Units: Square Feet, Lot is 0.19628099173554 acres
Accessibility Features
None
Unit One
1 bedroom
Unit Two
bedrooms: 2
Building
3,784 structure square feet, Age: 63, Built in 1963, 1 building, 6 minimum units in complex
Cooling
None
Foundation
Post and Pier, Wood Frame
Garage
Uncovered Parking
Water Features
Public
Heating
Gas, Wall Furnace
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 49298
Parking
10 parking spaces
Property
Zoning: R325
Roof
Composition, Shingle
Security Features
None
Taxes
Annual tax amount: $24,441
Sewer
Sewer - Public
Utilities
Master Water, Separate Common Area, Separate Electric, Separate Gas, Public Utilities
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