Compass Commercial is proud to present the exclusive listing of an extensively renovated fourplex at 2315 Monroe Street in the heart of highly desirable Santa Clara, California. Originally built in 1962, this exceptional investment property has undergone significant renovations in 2024-2025, blending modern upgrades with long-term value. The property features… Read More a spacious 2-Bed/1.5-Bath townhouse-style Owners Unit and three well-appointed 1 Bed/1-Bath units, offering a total of 3,048 square feet on a 7,405 square foot lot. Recent capital improvements include a brand-new 40-year pitched composition shingle roof, dual-pane windows throughout, fresh exterior paint, and new SB 721-compliant iron railings. Two units have been fully renovated with stylish modern interiors, while all units have received new Siemens electrical panels. The sewer line has been upgraded and cleared, ensuring long-term functionality. Additional enhancements include new perimeter fencing with key-code access, drought-resistant landscaping, sleek modern exterior signage, and improved parking with eight (8) on-site parking spaces, on-site laundry, and individually metered utilities, this turnkey investment offers strong rental upside and is an excellent opportunity for an owner-occupant or first-time investor. Read Less
Courtesy of Compass, Nate Gustavson 415-786-9410
Listing Snapshot
Days Online
19
Last Updated
Property Type
Fourplex
Square Ft.
3,048
Lot Size
0.17 Acres
Year Built
1962
MLS Number
ML81998560
30 Days Snapshot Of 95050
$1,634k
+10%
(avg) sold price
19
+35%
homes sold
10
-33%
(avg) days on market
Snapshot
Area Map
Additional Details
Heating
Wall Furnace, Central Forced Air
Lot
Max Area: 7237.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 950 square feet, Unit 1 rent: $2,425
Unit Two
1 bedroom in unit 2, Unit 2: approximately 750 square feet, Unit 2 rent: $2,195
Unit Three
1 bedroom in unit 3, Unit 3: approximately 650 square feet, Unit 3 rent: $1,420
Unit Four
1 bedroom in unit 4, Unit 4: approximately 650 square feet, Unit 4 rent: $2,195
Accessibility Features
Other
Building
Built in 1962, 4 building units, 1 building, 3,048 structure square feet
Roof
Composition, Shingle
Utilities
Individual Electric Meters, Individual Gas Meters
Sewer
Sewer - Public, Sewer Connected
Security Features
None
Cooling
Other
Foundation
Concrete Perimeter and Slab
Kitchen
Countertop - Granite, Countertop - Tile
Laundry
Coin Operated
Water Features
Public
Garage
2 garage spaces
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 2
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Water
Property
Courtyard, Fenced
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