Santa Clara CA 5000+ Sq. Ft. Real Estate, Homes, Condos for Sale

ML82056377 MLS

** You're Invited to Join us for our Open House on Tuesday, August 11, from 2:00 PM to 4:00 PM and Thursday, August 13, from 11:00 AM to 1:00 PM. ** (165 Monroe St is a stunning 17-unit multifamily investment opportunity located in the thriving city of Santa Clara, California. Situated on a 21,060 square foot parcel of land, the subject property was originally constructed in 1960 and features a gross building area of approximately 12,775 square feet, offering beautifully designed two-bedroom and one-bedroom floor plans. Additionally, tenants benefit from convenient community amenities such as an on-site laundry facility, sparkling community pool and private tuck-under parking stalls. 165 Monroe Street features extensively upgraded interiors, with select units offering stainless steel appliances, dishwashers, kitchen islands, hardwood flooring, quartz countertops, modern cabinetry, recessed lighting, and energy-efficient mini-split air conditioning systems. 165 Monroe is strategically located within walking distance to the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on U.S. News & World Report Rankings.

165 Monroe ST, Santa Clara

Listed by Robert Johnston, 510-304-8077 from Marcus & Millichap
(If provided) CoList: Adam S. Levin from Marcus & Millichap

$2,790,000

ML82050878 MLS

2173 Aza Drive is a centrally located, 8-unit multifamily investment opportunity in Santa Clara, offering an attractive unit mix, desirable on-site amenities, and significant value-add potential through interior upgrades. The property consists of a well-maintained, two-story building comprised of (4) two-bedroom/one-bath units and (4) one-bedroom/ one-bath units. Built in 1959 the property is 5,640 sqft. The property has recently gone through a full electrical upgrade and is SB 721 compliant. There is the ability to increase all rents across the board immediately and capture the new rental upside. This is a core asset situated in one of the regions most supply-constrained rental markets, the asset enjoys outstanding proximity to major employment. Located less than three miles from Westfield Valley Fair and Santana Row, and just minutes from the Santa Clara Caltrain Station. Units are spacious and feature wall heating, functional kitchens equipped with separate stovetops and ovens, abundant cabinet space, and a mixture of carpet, tile, and vinyl wood-plank flooring. Residents also benefit from strong on-site amenities, including eight covered parking spaces and a dedicated community laundry facility supporting tenant convenience.

2173 Aza DR, Santa Clara

Listed by Tony Zizzo, 650-770-8356 from Compass
(If provided) CoList: Ray Rodriguez from Compass

$4,150,000

ML82050774 MLS

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.

2388 Karen DR, Santa Clara

Listed by David Katz, 408-438-0585 from Magnify Real Estate
(If provided) CoList: Eric Katz from Magnify Real Estate

$7,225,000

ML82038580 MLS

Bentley Square is a prime 17-unit townhome-style multifamily asset located at 3501 Lafayette St in the thriving city of Santa Clara, California. Situated on a parcel of land totaling 29,725 square feet, the subject property was originally constructed in 1965 and features a gross building area of approximately 14,280 square feet, offering its tenants 100% beautifully designed two-bedroom townhome-style floor plans. Tenants enjoy open floor plans featuring stainless steel energy-efficient appliances, air conditioning, luxury flooring, and large private patios. Additionally, the subject property offers tenants convenient community amenities such as private parking and a laundry facility. Santa Clara is a major city in Silicon Valley and the eighth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. The investment appeal of this asset is driven by Santa Claras strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Bentley Square is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

3501 Lafayette ST, Santa Clara

Listed by Adam S. Levin, 650-492-0934 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

$2,669,000

ML82034714 MLS

857 Gallatin Drive is a centrally located 7-unit multifamily investment opportunity in Santa Clara, offering an excellent unit mix, strong amenities, and clear value-add potential through interior upgrades. The well-maintained two-story property features (2) 3BD/2BA units, (2) 2BD/2BA units, and (3) 1BD/1BA units, appealing to Silicon Valley professionals and long-term family households. Located in one of the Bay Areas most supply-constrained rental markets, the property sits less than two miles from Apple Park and Kaiser Permanente. Select units include newer appliances, updated cabinetry, and improved electrical subpanels, while others remain in classic conditioncreating a clear opportunity for phased renovations and meaningful rent growth. Units 1 and 7 feature forced-air heating and a unique kitchen layout with separate stovetop and oven. On-site amenities include seven tuck-under parking spaces, two private garages (assigned to Units 1 and 7), seven storage lockers, and a professionally leased laundry facility with card-reader machines, offering tenant convenience and supplemental income. With strong fundamentals, 857 Gallatin Drive presents an opportunity to reposition the asset and capture rental upside in one of Santa Claras most desirable multifamily corridors.

857 Gallatin DR, Santa Clara

Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass

Sold listing courtesy of Tyler Charron from APR

$3,525,000

ML82017166 MLS

Magnify is pleased to offer 450 California Street in Santa Clara, which presents an opportunity to acquire a rare turnkey asset with (8) 2 Bedroom units in a top Silicon Valley rental market. Built in 1959 and extensively renovated in 2016, the property offers 5,838 square feet of building space on a 7,900 square foot lot. The recent renovations enhance the appeal of the asset, providing modernized interiors and updated building systems including copper/ABS plumbing, dual pane windows, and upgraded electrical systems that reduce maintenance costs and attract quality tenants. With strong in-place fundamentals and further upside, this asset is ideal for investors seeking stable cash flow and long-term appreciation in Silicon Valley. Strategically located in the heart of Santa Clara, the property is within a 10-minute drive of key lifestyle and employment hubs including Santa Clara University, Westfield Valley Fair, Santana Row, and Levis Stadium. It also benefits from proximity to major tech employers such as Nvidia, Intel, Oracle, and the Apple Park campus. The area is well-connected by Caltrain, VTA light rail, and major highways, offering residents convenient access to the broader Bay Area.

450 California ST, Santa Clara

Listed by Eric Katz, 408-317-0187 from Magnify Real Estate
(If provided) CoList: David Katz from Magnify Real Estate

Sold listing courtesy of Peter Whang from RBT

$2,740,000

ML82013915 MLS

Marcus & Millichap is excited to present 3588 Agate Drive, a rare six-unit multifamily opportunity offering investors an attractive, low-maintenance asset in one of Silicon Valleys most supply-constrained and high-demand rental markets. The unit mix consists of one single-story three-bedroom, two-bath unit, four spacious two-bedroom, one-and-a-half-bath townhome-style units, and one two-bedroom, one-bath flat. This desirable configuration appeals to a broad tenant base, especially families and professionals seeking functional layouts with more privacy and space. According to county records, the property features approximately 6,335 rentable square feet and sits on a large 14,000 square foot lot.

3588 Agate DR, Santa Clara

Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Simon Kiang from SJGS05

$6,000,000

ML82011327 MLS ⋅ Homestead GardenTownhomes BLDG.

Marcus & Millichap is pleased to present 2868 Homestead Road, a rare and desirable 15 unit townhome style apartment community offering investors a premium opportunity in one of Silicon Valleys most sought after submarkets. The property features thirteen 2 bedroom, 2.5 bathroom townhomes, one spacious 3 bedroom, 2.5 bathroom townhome, and one efficiency studio unit, providing a diverse and highly rentable configuration. Each unit includes central air conditioning and forced air heating, adding meaningful comfort and long term value. The townhome style layout serves as a major differentiator, offering multilevel living, private entrances, and increased space, which supports stronger rental income compared to traditional apartment units and appeals to a growing tenant base seeking more privacy and a higher quality living experience.

2868 Homestead RD, Santa Clara

Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: AJ Decristoforo from Marcus & Millichap

Sold listing courtesy of AJ Decristoforo from M&MKW

$4,890,000

ML81995430 MLS

4 minutes from Santa Clara University - 1793 Lafayette St offers a rare opportunity for an Owner/User to utilize the space and convert the 22,551 SqFt building into residential or build brand new: Townhomes, Multifamily, Co-Living, or Live/Work. Recently zoned Medium-Density Residential, the 29,185 SqFt lot allows for 24 units + 8-9 potential ADUs. With the average rent in Santa Clara at $3,062, once converted into multifamily, the property can be expected to gross nearly $1.2M in rents per year. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this space resides within a thriving community with nearby amenities and parks. Recent upgrades to the building include a new roof and a 36 kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. The owner/user tenant can occupy approximately 15,000 sq ft or the entire second floor. Buyers are to verify current zoning/building requirements/restrictions with the City of Santa Clara building department.

1793 Lafayette ST, Santa Clara

Listed by Danielle Davenport, 408-888-7794 from KW Bay Area Estates
(If provided) CoList: Stephen Thaddeus Wawryk from KW Bay Area Estates

Sold listing courtesy of Joseph Yen from APR

$4,425,000

ML81986558 MLS ⋅ Saratoga Square BLDG.

Fantastic location within the heart of Silicon Valley. Close proximity to top high tech sector employers and near prestigious Santa Clara University. (14) one-bedroom one-bath units and (2) two-bedroom one-bath units with balconies, patios, dishwashers, LVT flooring, and built in wall-mounted air conditioning. Square D 400 AMP main panel with underground service and Square D or Siemens sub panels in units (not in closets). Excellent unit layouts with many recent renovations. Private courtyard with gated secure pool. Below market rents offer immediate upside in rental income. Large oversized rec room and laundry room and carports provide logical ADU potential. Assumable loan at 3.74%

565 Saratoga AVE, Santa Clara

Listed by Bryan Danforth, 650-274-5227 from Compass
(If provided) CoList: Brian Henry from Newmark Cornish & Carey

Sold listing courtesy of Brian Henry from NEWCC

$5,180,000

ML81985699 MLS

3745 Miramar Way is an immaculately maintained 16-unit property located on the border of Santa Clara and Sunnyvale. 14 of the units have contemporized kitchens, bathrooms, and flooring throughout. All units possess dishwashers and disposals. Ownership has completed many additional recent capital improvements including replacement of all unit electrical subpanels and the 600amp main with permits (2024), water heaters, exterior lighting. The attractive courtyard demonstrates the same high-level of care with double pane windows, new screen doors, and drought-tolerant landscaping on a drip system. The laundry facility has new epoxy flooring and leased coin-op washers and dryers. Tenants benefit from close proximity to Kaiser Healthcare among other major Silicon Valley employers, Santa Clara University, and many other retail and restaurant amenities.

3745 Miramar WAY, Santa Clara

Listed by Brian Henry, 650-688-8507 from Newmark Cornish & Carey
(If provided) CoList: Joel Hopman from Newmark Cornish & Carey

Sold listing courtesy of RECIP from RCIP

$4,980,000

ML81980558 MLS

Significant Price Reduction $450k -- Bring Offers -- Three adjoining triplexes (9 units) available to purchase individually or together located at 2464, 2468, & 2472 Karen Drive in Santa Clara, California. This is a rare investment opportunity, offering three single-story triplexes ideally situated on adjoining parcels. The properties are available for sale as a package or individually, catering to a range of investment and financing strategies. The portfolio offers (6) 2-bedroom units and (3) 3-bedroom units with private garages. Marketing Package for the portfolio and/ or individual addresses available upon request.

2464-2472 Karen DR, Santa Clara

Listed by Mitchell Zurich, 408-888-9594 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Mitchell Zurich from M&MKW

$5,040,000

ML81978213 MLS

FIRST-TIME ON MARKET EVER! Once in a Lifetime Oppty to Acquire 1370 Calabazas (12 Oversized 2 Bedroom Units). All Spacious 2 BR's: (9) x 2 BR/1.5 BA Townhouse Units on 2-Levels: (946 SF) - Remodeled + (3) x 2 BR/1 BA: (790 SF) - Newly Rebuilt. All Units Offer Desirable Floorplans, Dishwashers, etc. Townhouse Units Offer Private Patio/Yards. Due to Fire in 2022, (3) 2 BR/1 BA Units Were Completely Rebuilt (New), and (9) 2 BR/1.5 BA Units Were Fully Renovated Due to Building Closure. All Units Leased Within Last 6-Months. 1577 Pomeroy (20 Spacious Units), and 1575 Pomeroy (Build 3 Homes on 9,000 SF Parcel) Can Be Purchased TOGETHER OR SEPARATELY. Oversized 2 BR Floorplans Offer Potential to Reposition Asset into High-End Apartment Homes w/ Outdoor Living/Private Patios. Opportunity to Move Tenants Between Buildings to Free Up/Renovate Units. Potential to Install In-Unit Washer/Dryers and High-End Upgrades to Achieve Even Higher NOI/CAP. Walkscore: 93. Walkable to Most Amenities. Easy Access to El Camino Real, Lawrence Expwy, HWY 101, 280. Attractive Cost/SF: $451/SF. Lot Size: 21,830 SF (0.5 Acres). Current CAP Rate: 4.69% / Current GRM: 12.7. Pro-Forma CAP Rate: 5.04% / Pro-Forma GRM: 12.1. Co-Listed w/ John Kovaleski.

1370 Calabazas BLVD, Santa Clara

Listed by Don Sung, 650-380-5188 from Colliers Parrish International
(If provided) CoList: from

Sold listing courtesy of RECIP from RCIP

$6,650,000

ML81978212 MLS

GREAT FLOORPLANS! 100% ALL 2 BR's! Once in a Lifetime Oppty to Acquire 20 Oversized 2 Bedroom Units in Santa Clara Near Sunnyvale Border (Within 10-Min of NVIDIA HQ and Apple HQ). All Spacious 2 BR Units: (9) x 2 BR/2 BA w/ Master Bath: (890 SF) and (11) x 2 BR/1 BA: (781 SF). Excellent Floorplans. In-Wall AC Units, Dishwashers in Every Unit. All Units Offer Outdoor Living (w/ Private Patio/Yards or Balcony). 1370 Calabazas (12-Units), and 1575 Pomeroy (Single-Family Home Development on 9,000 SF Parcel) Can Be Purchased TOGETHER OR SEPARATELY. Spacious, 2 BR Floorplans Offer Potential for Investor to Reposition Asset into High-End Apartment Homes w/ Outdoor Living/Private Patios. Opportunity to Move Tenants Between Buildings to Free Up/Renovate Units. Potential to Install In-Unit Washer/Dryers and Other High-End Upgrades to Achieve Even Higher Rents. Walkscore: 93. Highly Walkable to Most Amenities. Easy Access to El Camino Real, Lawrence Expwy, Highway 101, 280. Attractive Cost/SF: $451/SF. Lot Size: 21,830 SF (0.5 Acres). Current Cap Rate: 3.34% / Current GRM: 14.5. Pro-Forma Cap Rate: 5.01% / Pro-Forma GRM: 11.6. Buyer/Seller Agree to Cooperate Towards Completion of One Another's 1031 Exchange without Additional Cost to Either Party. Co-Listed w/ John Kovaleski

1577 Pomeroy AVE, Santa Clara

Listed by Don Sung, 650-380-5188 from Colliers Parrish International
(If provided) CoList: from

Sold listing courtesy of Don Sung from S9928

$2,700,000

ML81975632 MLS ⋅ Reeve Street Cottages BLDG.

UNIT 101 open Friday and Saturday (8/9 & 8/10) from 11 AM to 1 PM. Presenting a highly unique mulitfamily opportunity at 1298 Reeve Street, in the heart of Santa Clara, CA. Built in 1979 on an expansive 0.37-acre lot, this distinctive property boasts five units, including two spacious three-bedroom units, a two-bedroom unit, and two cozy one-bedroom units. Each unit features its own garage, in-unit washers and dryers, and private backyards, offering residents unparalleled comfort and convenience. What sets 1298 Reeve Street apart is its potential for versatile living arrangements. The sizable three-bedroom owner's unit (UNIT 101) will be delivered vacant, presenting an ideal scenario for a home buyer to occupy this luxurious space while leasing out the remaining units to offset mortgage and tax expenses. This arrangement not only provides immediate income but also positions the property as a strategic investment in Santa Clara's thriving real estate market.

1298 Reeve ST, Santa Clara

Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: Mitchell Zurich from Marcus & Millichap

Sold listing courtesy of Jimmy Castellanos from M&MKW

$3,820,000

ML81974822 MLS

We are pleased to present the opportunity to acquire 1156 Santa Clara St, a pride of ownership trophy asset located in the heart of Santa Clara. **Can be sold together with adjacent properties: 645 & 647-649 Jackson Street, Santa Clara** The property comprises of 11 units, offering a total building space of 8,731 square feet on a lot spanning 13,500 square feet. Built in 1961, the unit mix includes 2 three-bedroom/one-bathroom units, 5 two-bedroom/one-bathroom units, and 4 one-bedroom/one-bathroom units. The property has undergone extensive capital expenditures, featuring fully remodeled interiors, copper plumbing, new sub-panels and wiring, and a new water heater. This investment presents a significant opportunity for rental income growth. Situated just 3 blocks from Santa Clara University, the property enjoys a prime location within a bustling and dynamic community. It is also conveniently situated near major tech employers such as NVIDIA, AMD, Cisco, Intel and eBay. Finally, the residents enjoy easy access to highways 101, 280 and 880 and the San Jose Mineta International Airport.

1156 Santa Clara ST, Santa Clara

Listed by Eric Katz, 408-438-0969 from Magnify Real Estate
(If provided) CoList: Will Tharp from Magnify Real Estate

Sold listing courtesy of Eric Katz from DYNA8

$4,745,000

ML81968315 MLS

2305 & 2315 Monroe is a two-parcel 16-unit apartment complex located in highly desirable Santa Clara, California. Ideally located right near the headquarters of major tech companies such as Intel, ServiceNOW and the brand new NVIDIA Headquarters, this investment property contains two separate parcels; 2305 Monroe (12-units), and 2315 Monroe (4-units) for a combined 16-units and approximately 10,015 sqft of rentable space. Situated on a combined 19,602 sqft lot, the unit mix consists of one (1) three-bedroom/two-bath unit, one (1) two-bedroom/two-bath unit, one (1) two-bedroom/1.5-bath unit, four (4) two-bedroom/one-bath units, and nine (9) one-bedroom/one-bath units. Tenant amenities on site include a pool and two private laundry rooms with coin-operated washer/dryers for additional income. The property has ample off-street designated parking with twelve (12) covered carport stalls with personal storage, three (3) enclosed garages, and four (4) additional uncovered parking spaces on-site. -- There is massive upside in the rents, new exterior paint, and a new roof on the larger structure installed in 2020. -- Because this property is a fourplex and a twelve-unit, no on-site manager is required.

2305-2315 Monroe ST, Santa Clara

Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass

Sold listing courtesy of Nate Gustavson from PAGCB

$2,705,000

ML81966509 MLS

We are pleased to offer 515 Saratoga Avenue in Santa Clara for sale. This exceptional 8-unit property is a prime investment opportunity in the heart of Silicon Valley, surrounded by major tech giants like Apple and Nvidia. Featuring well-maintained 1 bedroom, 1 bathroom units that provide a cozy and inviting living space for tenants, the property's spacious 9639 square foot lot offers ample outdoor space for residents to enjoy. Additionally, its convenient location provides easy access to major highways and expressways, enhancing connectivity for residents and potential tenants. Don't miss out on this special property that offers a combination of prime location, quality units, and the potential for financial success. It's a unique opportunity for both immediate returns and long-term growth in the thriving Silicon Valley rental market!

515 Saratoga AVE, Santa Clara

Listed by David Katz, 408-758-0718 from Magnify Real Estate
(If provided) CoList: Eric Katz from Magnify Real Estate

Sold listing courtesy of Amit Urban from DYNA8

$3,080,000

ML81965533 MLS

155 Monroe St presents an exceptional opportunity to acquire an 8-unit apartment community located in the thriving city of Santa Clara, California. Situated on a parcel of land totaling 9,450 square feet, the subject property was originally constructed in 1960, and features a gross building area of approximately 5,876 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. Additionally, tenants enjoy convenient community amenities such as private covered parking, storage lockers and a laundry facility. Santa Clara is a major city in Silicon Valley and the eighth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around Santa Clara including Intel, Google, Apple, LinkedIn, Microsoft, and Yahoo. 155 Monroe St offers tenants convenient access to the rest of the Bay Area with its proximity to the major transportation corridors of U.S Highway 101, California State Route 82, Interstate 880, as well as several transit options provided by Caltrain and Santa Clara Valley Transportation Agency (VTA). Additionally, the subject property is conveniently located within close proximity to Downtown San Jose (3.6mi), Santa Clara University (0.8mi), PayPal Park (2.2mi), and Santana Row (1.5mi).

155 Monroe ST, Santa Clara

Listed by Adam S. Levin, 650-492-0934 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

Sold listing courtesy of Letty Chow from JACRL

$2,000,000

ML81948381 MLS

807 Washington ST, Santa Clara

Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Jimmy Castellanos from M&MKW

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5000+ Sq. Ft. Santa Clara Real Estate