2136 Main St - Apartments FOR SALE


Santa Clara, CA 95050- Outer Santa Clara
$2,080,000 USD
408-438-0585
2136 Main St, Santa Clara, CA for Sale
$2,080,000 USD
Apartments - FOR SALE
1/17
null | 4.75% Cap Rate

2136 Main St
Santa Clara, CA 95050
Outer Santa Clara


HIGHLIGHTS

  • Core Silicon Valley Location near major employers including NVIDIA HQ (1.25 miles), Oracle, and Intel
  • Value-Add Upside to increase income through interior renovations and strategic rent repositioning
  • New Main Panel (2026 in progress), Roof (2016), Dual Pane Windows (2016) and more
  • Large parcel and desirable unit mix: (1) 2BD/1BA and (5) 1BA/1BA

OVERVIEW

*Open House this Thursday (4/30/26) 5pm to 6:30pm* Magnify is pleased to present 2136 Main Street in Santa Clara, a prime multifamily investment in one of Silicon Valleys most dynamic rental markets. Built in 1963, the property features a well-balanced unit mix of one 2-Bed/1-Bath unit and five 1-Bed/1-Bath units, totaling 3,784 rentable square feet on an expansive 8,550 square foot lot. The asset presents clear value-add potential through interior renovations and strategic rent repositioning, making it ideal for investors seeking stable in-place income with meaningful long-term growth. The seller is currently in the process of completing a main electrical panel upgrade, providing added infrastructure value and reducing future capital expenditure for the next owner. Additional upgrades include a new roof in 2016, dual-pane windows, and remodeled kitchens, bathrooms, and flooring in several units. Ideally located just minutes from major employers including NVIDIA, Oracle, and Intel, the property benefits from a deep and stable tenant base. Residents enjoy close proximity to premier lifestyle destinations such as Levis Stadium, Santana Row, and Santa Clara University. With convenient access to Highways 101, 280, and 880, the location offers excellent regional connectivity, supporting strong tenant demand and long-term retention.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$550 USD /SF

# OF UNITS

6

PRICE/UNIT

$346,667

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,550 SF

ZONING

R325, Santa Clara

APN/PARCEL ID

224-30-089

ASK ABOUT THIS PROPERTY

David KatzMagnify EquityMore Info
408-438-0585

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David KatzMagnify EquityMore Info
408-438-0585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.