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… Read More 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. Read Less
Courtesy of CENTURY 21 Masters, Hamza Mabrouk 415-671-9881
Listing Snapshot
Days Online
30
Last Updated
Property Type
Fourplex
Square Ft.
2,400
Lot Size
0.16 Acres
Year Built
1960
MLS Number
ML82025977
30 Days Snapshot Of 95050
$1.49M
-9%
(avg) sold price
14
-12%
homes sold
34
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6896.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1: approximately 600 square feet, Unit 1 rent: $2,050
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 600 square feet, Unit 2 rent: $2,500
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 600 square feet, Unit 3 rent: $2,600
Unit Four
1 bedroom in unit 4, Unit 4: approximately 600 square feet, Unit 4 rent: $2,200
Accessibility Features
None
Building
Built in 1960, 4 building units, 1 building, 2,400 structure square feet
Roof
Other
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Sewer
Sewer - Public
Security Features
Other
Heating
Other
Cooling
None
Foundation
Other
Water Features
Public
Garage
4 garage spaces
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas
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