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noreply@searchonlinelistings.caListed by David Katz, DRE #01971921 • Magnify Real Estate
$2,080,000
Est. payment /mo
3 Beds
2 Baths
3,784 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,784 sqft
Price per Sqft $549
MLS Listing ID ML82044555
Bedrooms 3
Full Baths 2
Year Built 1963
Lot Size 8,550 Sqft
Property Sub-Type Five or More Units
Source MLSListings, Inc.
Property Description
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 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.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R325
Interior
Heating Gas, Wall Furnace
Cooling None
Exterior
Parking Features Uncovered Parking
Garage Spaces 10.0
Utilities Available Public Utilities
Roof Type Composition,Shingle
Building
Foundation Post and Pier, Wood Frame
Sewer Sewer - Public
Water Public
Others
Tax ID 224-30-089
Special Listing Condition Not Applicable
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