Back 1704 Monroe Street
Off Market

1704 Monroe Street

Santa Clara CA 95050

2920 sq. ft.
6000 sq. ft.
Duplex
Last sold for $1,430,000
Ismael BenhamidaIsmael Benhamida, last sold this property on 17 October 2024 after 156 days on market.

Overview

Wonderful Santa Clara triplex situated on an oversized 6,000 SqFt lot one block from City Hall and one mile from Santa Clara University. Unit Mix: One 4-bedroom/1-bathroom flat (approx. 1230 SqFt), (1) 2-bedroom/1-bathroom (approx. 722 SqFt), and (1) 1-bedroom/1-bathroom (approx. 552 SqFt). The property has been maintained by the current owner for nearly nineteen years. Opportunity to reposition the property by upgrading the exterior facade and unit kitchens, bathrooms, and flooring, and adding in-unit laundry and recessed lighting to meet the preferences of high-paying technology employees. Additionally, the property has the potential to add an ADU unit by converting part of the large parking area into a residential unit. The property is located in close proximity to major technology companies including Intel, Nvidia, Apple, and Applied Materials. The robust high tech job growth, shortage of housing units, rent growth, and proximity to large Silicon Valley employers make 1704 Monroe Street a great opportunity for both the cash flow and appreciation minded investor.

Features

2920 sq. ft. floor area
6000 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Santa Clara over the last 12 months, the estimated median property value of 1704 Monroe Street is $1.74m.

Median value
$1.74m
Estimated value range
$1.3m - $2.37m
Median days on market
18
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Santa Clara. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1704 Monroe Street

2024
Sold
$1,430,000
17 Oct 2024 by Ismael Benhamida, of Compass

Happy sellers in Santa Clara

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We have insufficient information to provide an overview of customer satisfaction for Santa Clara. Viewing the agent profiles, reviews and sales for Santa Clara can provide insights for this location.

Local market activity for duplexes in Santa Clara

In the last 12 months, 16 duplexes similar to 1704 Monroe Street, have been sold.

This represents a 52% increase in duplexes sales when compared to the previous 12 months.

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