2315 Monroe Street

2315 Monroe Street

Pending

Santa Clara, CA 95050

$1,890,000 Marketing Sheet

Compass Commercial is proud to present the exclusive listing of an extensively renovated fourplex at 2315 Monroe Street in the heart of highly desirable Santa Clara, California. Originally built in 1962, this exceptional investment property has undergone significant renovations in 2024-2025, blending modern upgrades with long-term value. The property features a spacious 2-Bed/1.5-Bath townhouse-style “Owner’s Unit” and three well-appointed 1-Bed/1-Bath units, offering a total of 3,048 square feet on a 7,405 square foot lot.

Recent capital improvements include a brand-new 40-year pitched composition shingle roof, dual-pane windows throughout, fresh exterior paint, and new SB 721-compliant iron railings. Two units have been fully renovated with stylish modern interiors, while all units have received new Siemens electrical panels. The sewer line has been upgraded and cleared, ensuring long-term functionality. Additional enhancements include new perimeter fencing with key-code access, drought-resistant landscaping, sleek modern exterior signage, and improved parking with an easement recorded in favor of the property.

With eight on-site parking spaces, on-site laundry, and individually metered utilities, this turnkey investment offers strong rental upside and is an excellent opportunity for an owner-occupant or first-time investor. Situated near major tech employers, shopping, and transit, this rare “Pride of Ownership” asset is a must-see in beautiful Santa Clara.

Cap Rate: 3.20% NOI: $60,429 Livable Sq. Ft: 3,048

Built in 1962 4 units Lot Sq. Ft: 7,405

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