3444 Monroe Street

Santa Clara, CA 95051

$2,550,000
Price
Beds
4,295 Sq. Ft.
$594 / Sq. Ft.
4,295
Sq. Ft.
$594
per Sq. Ft.

Description

Highly desirable prime Silicon Valley location! Great opportunity to own an excellent property with great income. Building has 1 large 3 Bd 2 Ba unit with a private garage. There are 2 units which have 2Bds and 1Ba plus a carport, 3 units with 1 Bd, 1 Ba and a carport for each unit. A very solid and profitable investment in an exceptional location. You will never have to worry about vacancies in this area and rents are are always on the rise in this area. This is a great opportunity for an investor...Highly desirable prime Silicon Valley location! Great opportunity to own an excellent property with great income. Building has 1 large 3 Bd 2 Ba unit with a private garage. There are 2 units which have 2Bds and 1Ba plus a carport, 3 units with 1 Bd, 1 Ba and a carport for each unit. A very solid and profitable investment in an exceptional location. You will never have to worry about vacancies in this area and rents are are always on the rise in this area. This is a great opportunity for an investor looking for an easy to manage, solid investment that can bring excellent lifetime income.
  1. Listed by Forrest Trinkaus • DRE #01446422 • Brokerage DRE #00840464 • Realty World Dominion • 408-656-3445

Property Details for 3444 Monroe Street

MLS City Name
SANTA CLARA
Building Type
Other
Garage Spaces
1
Parking Spaces
6

Location

Listing Courtesy of Realty World Dominion, Forrest Trinkaus, DRE #01446422
Add your commute
LISTING UPDATED: 05/21/2024 05:07 AM

Property Details for 3444 Monroe Street

StatusActive
MLS #ML81965658
Days on Compass16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1962
Lot Size0.18 AC / 7,841 SF
CountySanta Clara County

Location

Listing Courtesy of Realty World Dominion, Forrest Trinkaus, DRE #01446422
Add your commute

Building Information for 3444 Monroe Street

Stories-Residences-Year Built1962Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$14,950 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,916

Property Taxes

$1,034

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3444 Monroe Street

Features
Features
  • Fireplace: No
  • Flooring: Carpet
  • Living SqFt: 4295
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Forced Air, Gas
  • Meters: Separate Electric
  • Sewer Septic: Sewer - Public, Sewer in Street
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Santa Clara
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • TIC Agreement: No
  • Year Built Source: Assessor
  • Street Number: 3444
  • Street Name: Monroe
  • Street Suffix: Street
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 4295
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 220-19-018
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95051
  • Elementary School District: 483
  • High School District Text: Santa Clara Unified
Lot Information
  • Foundation: None
  • Lot Acres: .18
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $0
  • Capitalization Rate: 6.31
  • Tenant Expenses: Services - Trash Removal, Utilities - Water
  • Income Includes: Other
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: None
  • Gross Rent Multiplier: 15.86
  • Income Annual Gross: $160,800
  • Income Annual Rental: $160,800
  • Income Gross Scheduled: $160,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,775
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,300
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,050

Property History for 3444 Monroe Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3444 Monroe Street

Taxable ValueLand$561,382Additions$476,872Total$1,038,254
Tax Record2023$12,409 ($1,034 / month)
Home Facts
Total Finished SqFt4,295 SqFtAbove Grade Finished SqFt4,295 SqFtStories2Lot Size7,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningR3CountySANTA CLARAAPN220-19-018Fireplace TypeHas Fireplace

Schools near 3444 Monroe Street

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Briarwood Elementary School
PublicK to 5

Juan Cabrillo Middle School
Public6 to 8

Adrian Wilcox High School
Public9 to 12

New Valley Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3444 Monroe Street is a multi-family home for sale in Santa Clara, CA 95051. This property was listed for sale on May 15, 2024 by Realty World Dominion, it's currently listed at $2,550,000. It has been on the market for a total of 16 days and was last sold on July 1, 2011. This listing's school district is Santa Clara Unified School District. Nearby schools include Briarwood Elementary School, Juan Cabrillo Middle School and Adrian Wilcox High School. 3444 Monroe Street is a 0-bed, 0-bath, 4,295 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty World Dominion, Forrest Trinkaus, DRE #01446422

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.