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.
Discover 2475 Karen Drive, a centrally located Santa Clara triplex offering 2,283 square feet of total living space across three separate units. Unit A: 2b/1b, 718 sqft; Unit B: 1b/1b, 564 sqft; Unit C: 2b/1b, 768 sqft. This single-story layout includes three individually accessible units, each featuring a private entrance, yard space, in-unit laundry, spacious living areas, dine-in kitchens, and generous closet space-designed for both comfort and functionality. Each unit is separately metered, providing efficient utility management. Situated on a 7,002 square-foot lot, the property also includes a fenced front lawn, a long private driveway, a carport, and a two-car garage. Conveniently located near parks, shopping, and major commuter routes including San Tomas Expressway and Highways 280 & 880. Dont miss this rare opportunity in a prime Santa Clara neighborhood.
Great investment in Santa Clara with Cupertino Schools. Unit one is like a house, owner unit, ideal for great rental rates with 3 bedrooms, 2 baths, fireplace, enclosed private patio room, indoor laundry, and a 1 car private detached garage, The rest are 2 bedroom 1 bath with private detached 1 car garages, shared laundry. New Roof. rents may appear to be below market. All 4 units are tenant occupied. Close to Santana Row, Valley Fair, the new Apple campus, 280, Stevens Creek, San Tomas Expressway, Lawrence Expressway. Please do not disturb the tenants.
OWNER USERS!!!!!!! Welcome to this stunning 4,371 sq ft triplex/apartment home located in the vibrant city of Santa Clara. The owner's unit features modern flooring throughout, adding a touch of sophistication to every room. For your convenience, there is an onsite laundry area. The apartment homes are located within the Santa Clara Unified School District. Don't miss the opportunity to own this beautiful property in a prime location! The property has upgraded interiors , central AC and forced air heating. The windows have been upgraded. The property benefits from mature landscaping and has excellent curb appeal. The property is located in the center of Silicon Valley - Major employments hubs, transportation and national retailers are all minutes away. The City of Santa Clara does not have rent control but the property is governed by AB 1482- Under 1482, a new owner would be allowed to raise rents 5% plus CPI per year. The City of Santa Clara has their own utility company . The City of Santa Clara allows a landlord to recapture RUBS. The pipeline for new market rate MF housing is almost zero due to high construction costs. The demand for apartments is increasing.
Rare opportunity to purchase a Santa Clara 4 plex with Large Townhouse style units- Average unit size is 1265 square feet- Unit mix is Two (2) Three Bedroom/Two Bath Townhouses and Two ( 2) Four Bedroom/Two Bath units. The price per square foot is $573 which is significantly below the price per square of recent sales- $692. The price per unit is 25% below current replacement cost. The property has upgraded interiors , central AC and forced air heating. The windows have been upgraded. The property benefits from mature landscaping and has excellent curb appeal. The property is located in the center of Silicon Valley - Major employments hubs, transportation and national retailers are all minutes away. The City of Santa Clara does not have rent control but the property is governed by AB 1482- Under 1482, a new owner would be allowed to raise rents 5% plus CPI per year. The City of Santa Clara has their own utility company . The City of Santa Clara allows a landlord to recapture RUBS. The pipeline for new market rate MF housing is almost zero due to high construction costs. The demand for apartments is increasing - The apartment rental market is getting ready to surge .
Santa Clara is located in California. Santa Clara, California has a population of 127,922. Santa Clara is less family-centric than the surrounding county with 38.68% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Santa Clara, California is $150,244. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Santa Clara is 34 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 15.4 inches per year, with 0 inches of snow per year.
