3381 Monroe ST SANTA CLARA CA, 95051 

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Listing ID: ML81901411
Price: $3,350,000
Status: Active
Address: 3381 Monroe ST
State: California
Postal Code: 95051
SqFt: 4,986
Acres: 0.216
County: Santa Clara
Magnify is pleased to present the opportunity to acquire 3381 Monroe Street, a turnkey seven (7) unit investment property in the highly desirable city of Santa Clara and located at the border of Sunnyvale. The property features over $460K in capital expenditures and has all 7 out of 7 units fully remodeled. Key improvements include: new Milguard windows, paint, electrical, plumbing, and asphalt slurry seal, along with brand new kitchens, baths, stainless steel appliances and high-end finishes in all units. Constructed in 1961, the property has an excellent unit mix comprising of (1) 3BD/2BA with an attached garage and large patio, (2) 2BD/1BA, (3) 1BD/1BA, and (1) studio for a total building square feet of 4,986. The property is just a ten-minute drive from Apple HQ, Santa Clara University, 49ers Levi's Stadium, downtown Sunnyvale and Paramount's Great America. It also features easy access to San Jose International Airport, San Tomas Expressway, El Camino Real, and Lawrence Expressway.

Primary Features

Number of Buildings: 1
Structure SqFt: 4986
Structure SqFt Source: Assessor
Parcel Number: 216-24-046
Status: Active
Property Type: Commercial Multi-Family
Property Sub Type: Five or More Units
Year Built: 1961
Age: 61
Zoning: R3

Additional Information

Additional Listing Info: Not Applicable
Foundation: Concrete Perimeter, Post and Pier
Sewer Septic: Sewer - Public
Water: Public
Meters: Master Electric, Master Gas, Master Water
Minimum Lot Size: 9425
Maximum Lot Size: 9425
Acres: 0.216

Interior Features

Unit 1 Number of Bedrooms: 3
Unit 2 Number of Bedrooms: 2
Laundry: Washer/Dryer - Some Units
Unit 3 Number of Bedrooms: 1
Flooring: Laminate
Heating: Central Forced Air - Gas, Wall Furnace
Cooling: Ceiling Fan

External Features

Garage Spaces: 1
Garage Parking Features: Attached Garage, Tandem Parking, Uncovered Parking
Roof: Composition, Shingle
Yard/Grounds: Balcony / Patio, Sprinklers - Auto

Location Information

County: Santa Clara
State: California
Postal Code: 95051
Area: Santa Clara
Area ID: 8

Financial Details

Listing Price: $3,350,000
Unit 1 Rent: 3995
Unit 2 Rent: 2500
Unit 3 Rent: 2300
Unit 4 Rent: 1800

Zoning Info

Area Info

© 2022 MLSListings Inc. All rights reserved. Based on information from the MLSListings MLS as of Saturday, November 26th, 2022 04:42:31 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties may or may not be listed by the office/agent presenting the information.
#IDX-primaryPhoto,#idx-details-header Listed by: Eric Katz from Katz Inc 408-438-0969

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