Property Details
About this Property
Wonderful Santa Clara triplex situated on an oversized 6,000 SqFt lot one block from City Hall and one mile from Santa Clara University. Unit Mix: One 4-bedroom/1-bathroom flat (approx. 1230 SqFt), (1) 2-bedroom/1-bathroom (approx. 722 SqFt), and (1) 1-bedroom/1-bathroom (approx. 552 SqFt). The property has been maintained by the current owner for nearly nineteen years. Opportunity to reposition the property by upgrading the exterior facade and unit kitchens, bathrooms, and flooring, and adding in-unit laundry and recessed lighting to meet the preferences of high-paying technology employees. Additionally, the property has the potential to add an ADU unit by converting part of the large parking area into a residential unit. The property is located in close proximity to major technology companies including Intel, Nvidia, Apple, and Applied Materials. The robust high tech job growth, shortage of housing units, rent growth, and proximity to large Silicon Valley employers make 1704 Monroe Street a great opportunity for both the cash flow and appreciation minded investor.
MLS Listing Information
MLS #
ML81965474
MLS Source
MLSListings, Inc.
Interior Features
Appliances
Oven Range, Refrigerator, Washer/Dryer
Flooring
Carpet
Cooling
Ceiling Fan
Heating
Gas
Exterior Features
Roof
Composition
Foundation
Reinforced Concrete
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Parking Area, Garage: 0 Car(s)
Elementary District
Santa Clara Unified
High School District
Santa Clara Unified
Water
Public
Zoning
R16L
Contact Information
Listing Agent
Ismael Benhamida
Compass
License #: 01722847
Phone: (408) 373-6195
Co-Listing Agent
Hanna John Azar
Compass
License #: 02005698
Phone: (415) 875-0177
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,230 | 4 | 1/0 | $2,750 |
| 2 | 722 | 2 | 1/0 | $2,060 |
| 3 | 552 | 1 | 1/0 | $1,875 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1704 Monroe St is a Triplex in Santa Clara, CA 95050. This 2,920 square foot property sits on a 6,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,430,000 and was built in 1920. This address can also be written as 1704 Monroe St, Santa Clara, CA 95050.
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This listing information is up-to-date as of October 21, 2024. For the most current information, please contact Ismael Benhamida, (408) 373-6195
