Home | Santa Clara County | Santa Clara | 95050 | 2388 Karen Dr
2388 Karen Dr, Santa Clara, CA 95050
MLS: ML82050774 | Status: | Price: $4,150,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
9,269 |
16,305 |
1963 |
Upcoming Open Houses
| Date |
Time |
Hosted By |
| Sunday, June 14 |
2:00 pm - 4:00 pm |
David Katz |
| Friday, June 19 |
12:00 pm - 1:00 pm |
David Katz |
Magnify is pleased to present 2388 Karen Drive, a rare opportunity to acquire a classic value-add apartment community in Santa Clara, one of the most landlord-friendly rental markets in Silicon Valley. Ideally located 2 miles from NVIDIA and 3 miles from Apple, the property offers investors an excellent location with significant upside in an irreplaceable employment corridor.
Offered for sale for the first time in 40+ years, the building consists of 9,269 building square feet on a large 0.37-acre parcel. The property features a desirable unit mix of (8) 2BD/1BA and (4) 1BD/1BA, catering to a broad tenant base. Residents benefit from dishwashers, functional floor plans, and a swimming pool that enhances tenant appeal and retention.
Several major capital improvements include a new roof (2019) and water heater (2026). The property also has copper plumbing, low-maintenance hardscaping, and completed the SB-721 inspection.
This asset presents a compelling investment with over 30% upside in rental income through renovations. Combining substantial income upside and a premier location near some of the world's largest technology employers, 2388 Karen Drive represents a rare opportunity for a high-growth property with immediate and long-term value creation potential.
| Field |
Value |
| MLS # |
ML82050774 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
1 |
Features
Interior Features
| Feature |
Details |
| Flooring |
Carpet, Vinyl/Linoleum |
| Laundry |
Coin Operated |
| Cooling |
None |
| Heating |
Gas |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Shingle |
| Foundation |
Pillar/Post/Pier, Wood Frame |
| Feature |
Details |
| Garage/Parking |
Assigned Spaces, Carport, Garage: 0 Car(s) |
| Elementary District |
Santa Clara Unified |
| High School District |
Santa Clara Unified |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
R3 |
| Listing Agent |
Co-Listing Agent |
| David Katz |
Eric Katz |
| Magnify Real Estate |
|
| License #: 01971921 |
License #: 01900078 |
| Phone: (408) 438-0585 |
Phone: (408) 317-0187 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
12 |
12 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
– |
1 |
1/0 |
– |
– |
4 |
| 2 |
– |
2 |
1/0 |
– |
– |
8 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
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This listing information is up-to-date as of June 12, 2026. For the most current information, please contact David Katz, (408) 438-0585.