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3381 Monroe Street, Santa Clara, CA 95051

Commercial property

3381 Monroe Street, Santa Clara, CA 95051 Sold April 2023 CRMLS
$3,025,000Sold April 2023

Listing Agent: David Katz (DRE #01971921) · Listing Office: David Katz, Broker · Contact: (877) 776-7718 · Bought with: RECIP · Out of Area Office · MLS #ML81917390 · Source: CRMLS

4,986
Building Sq Ft
9,434 sqft
Lot Size
1961
Year Built
R3
Zoning
Commercial property
Type

About this commercial property

Magnify is pleased to present 3381 Monroe Street, a fully remodeled 7-unit investment property in the highly desirable city of Santa Clara. This turnkey building is located at the border of Sunnyvale, and features over $460K in capital expenditures. Key improvements include: new Milguard windows, luxury kitchens & bathrooms, stainless steel appliances, and high-end finishes in all units. The building systems also feature copper plumbing, new drain lines, upgraded electrical in all units, drought-resistant landscaping, and an asphalt slurry seal. Constructed in 1961, the property has an excellent unit mix with (1) 3BD/2BA with an attached garage and large patio, (2) 2BD/1BA, (3) 1BD/1BA, and (1) studio for a total building sqft of 4,986 on a large 0.2 acre lot. The property is only a 10 minute drive from Apple HQ, Santa Clara University, Levi's Stadium, downtown Sunnyvale and Great America. It features easy access to San Jose Airport, San Tomas Expwy, El Camino Real, and Lawrence Expwy.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$3,025,000
Sold April 2023 · listed $3,250,000, on market January 2023 · MLS #ML81917390 · Source: CRMLS
Listing Agent: David Katz · Listing Office: David Katz, Broker · Contact: (877) 776-7718 · Bought with: RECIP · Out of Area Office
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