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In-PersonVirtual Tour

$ 2,080,000
Est. payment | /mo
8,550 Sqft Lot
$ 2,080,000
Est. payment | /mo
8,550 Sqft Lot
Open House
Thu Apr 30, 5:00pm - 6:30pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82044555
HOA Y/N No
Year Built 1963
Annual Tax Amount $24,441
Lot Size 8,550 Sqft
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 699 - Not Defined
Zoning R325
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition,Shingle
Total Parking Spaces 10
Building
Water Public
Schools
School District Other
Others
Tax ID 22430089
Special Listing Condition Standard

Listed by David Katz Magnify Real Estate #01971921
NEARBY SCHOOL & BUSINESS







