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$ 2,068,000
Est. payment | /mo
2,400 SqFt
$ 2,068,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $861
MLS Listing ID ML82025977
HOA Y/N No
Year Built 1960
Annual Tax Amount $25,850
Property Sub-Type Quadruplex
Property Description
Century 21 Commercial is pleased to present 2421 Karen Drive, a well-maintained four-unit multifamily investment opportunity located in the heart of Santa Clara, California. The property consists of two upgraded two-bedroom, one-bath units and two original one-bedroom, one-bath units, offering an ideal combination of stabilized income and value-add potential. Recent capital improvements include a new roof and exterior paint completed in 2025, providing reduced near-term maintenance costs. Units 2 and 3 were fully remodeled in May 2023 and June 2024 with modern interior finishes. The property encompasses approximately 2,400 square feet of living space on a 0.16-acre lot, featuring a low-rise design, concrete perimeter foundation, and desirable one-story layout. Each unit is individually metered for gas and electricity, with a master water meter. The property offers four covered carport spaces plus additional off-street parking, as well as a private backyard suitable for tenant gatherings. Positioned in a prime central Santa Clara location, the asset provides convenient access to major Silicon Valley employers, top universities, and premier retail and dining destinations making it an attractive long-term investment with continued upside potential.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Cooling None
Fireplace No
Exterior
Parking Features Covered, Carport
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
View Y/N No
Roof Type Other
Accessibility None
Total Parking Spaces 4
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 29037037
Special Listing Condition Standard
Listed by Hamza Mabrouk CENTURY 21 Masters