Property Details
About this Property
2305 & 2315 Monroe is a two-parcel 16-unit apartment complex located in highly desirable Santa Clara, California. Ideally located right near the headquarters of major tech companies such as Intel, ServiceNOW and the brand new NVIDIA Headquarters, this investment property contains two separate parcels; 2305 Monroe (12-units), and 2315 Monroe (4-units) for a combined 16-units and approximately 10,015 sqft of rentable space. Situated on a combined 19,602 sqft lot, the unit mix consists of one (1) three-bedroom/two-bath unit, one (1) two-bedroom/two-bath unit, one (1) two-bedroom/1.5-bath unit, four (4) two-bedroom/one-bath units, and nine (9) one-bedroom/one-bath units. Tenant amenities on site include a pool and two private laundry rooms with coin-operated washer/dryers for additional income. The property has ample off-street designated parking with twelve (12) covered carport stalls with personal storage, three (3) enclosed garages, and four (4) additional uncovered parking spaces on-site. -- There is massive upside in the rents, new exterior paint, and a new roof on the larger structure installed in 2020. -- Because this property is a fourplex and a twelve-unit, no on-site manager is required.
MLS Listing Information
MLS #
ML81968315
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Carpet, Laminate, Tile
Cooling
Ceiling Fan
Heating
Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Off-Site Parking, Garage: 3 Car(s)
Elementary District
Santa Clara Unified
High School District
Santa Clara Unified
Sewer
Public Sewer
Water
Public
Zoning
R325D
Contact Information
Listing Agent
Nate Gustavson
Compass
License #: 01898316
Phone: (415) 786-9410
Co-Listing Agent
Cameron Foster
License #: 00972394
Phone: (415) 699-6168
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 16 | 16 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,250 | 3 | 2/0 | – | $3,025 | 1 |
| 2 | 850 | 2 | 2/0 | – | $1,775 | 1 |
| 3 | 900 | 2 | 1/1 | – | $2,050 | 1 |
| 4 | 950 | 2 | 1/0 | $1,680 | $1,995 | 2 |
| 5 | 825 | 2 | 1/0 | $1,825 | $1,880 | 2 |
| 6 | 725 | 1 | 1/0 | $1,225 | $1,850 | 6 |
| 7 | 650 | 1 | 1/0 | $1,645 | $1,850 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
2305-2315 Monroe St is a Residential Income in Santa Clara, CA 95050. This 10,015 square foot property sits on a 0.45 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,745,000 and was built in 1962. This address can also be written as 2305-2315 Monroe St, Santa Clara, CA 95050.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Nate Gustavson, (415) 786-9410
