Property Detail

Description

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.