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- LoopNet Team
2150 Monroe St
Santa Clara, CA 95050
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Excellent Unit Mix Comprised of Twelve 2bd/1bth & Four 1bd/1bth-All Upgraded with Modern Fixtures, Bathrooms, and Kitchens
- New Roof Installed in 2019, All New Balconies, & Many Interior/Exterior Upgrades
- A Short Distance to Levis Stadium, Santa Clara University, and Major Employers
- Sixteen Tandem Covered Parking Stalls, Private Storage, & On Site Coin Operated Laundry
- Well Located Near Shopping, Dining, Public Transportation & Much More
PROPERTY FACTS
| No. Units | 16 | Building Size | 13,568 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2017 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 0.51 AC | ||
| Zoning | R32-25D - Moderate Density Multiple Dwelling | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 13,568 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2017 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | R32-25D - Moderate Density Multiple Dwelling |
ABOUT 2150 MONROE ST , SANTA CLARA, CA 95050
The Monroe St Apartments presents a new or seasoned investor the opportunity to own a 16 unit apartment building in the heart of the Silicon Valley. Situated in Santa Clara, CA this property boasts a unit mix of twelve 2 bed /1 bath and four 1 bed / 1 bath units. The property has a total of 16 covered parking stalls as well as ample off street parking. A new roof was installed on the property just a month ago eliminating a big ticket item for the next owner. Like much of Silicon Valley, the tech sector is heavily represented in Santa Clara, and serves as one of the most prominent industries in town. The Triton and DeSaissit Museums bring unique art exhibits to the city, while attractions like California’s Great America and Central Park provide excellent opportunities for family-friendly outdoor fun. With San Jose right next door, the options for shopping, dining, and entertainment become nearly endless. CONTACT STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE & FULL DISCLOSURES (INCLUDING LIS PENDENS, REPORTS, TENANT LAWSUIT)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 700 |
| 2+1 | 12 | - | 900 |
PROPERTY TAXES
| Parcel Number | 224-30-072 | Improvements Assessment | $1,695,880 |
| Land Assessment | $877,918 | Total Assessment | $2,573,798 |
PROPERTY TAXES
