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Listed by Hamza Mabrouk • CENTURY 21 Masters
$2,068,000
Est. payment /mo
6 Beds
4 Baths
2,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $861
MLS Listing ID ML82025977
Bedrooms 6
Full Baths 4
Year Built 1960
Lot Size 6,896 Sqft
Property Sub-Type Fourplex
Property Description
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.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning R3
Interior
Heating Other
Cooling None
Exterior
Parking Features Assigned Spaces, Carport , Covered Parking
Garage Spaces 4.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Other
Building
Story 1
Foundation Other
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Tax ID 290-37-037
Security Features Other
Horse Property No
Special Listing Condition Not Applicable
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