14 days on rocket

1704 Monroe St, Santa Clara, CA, 95050

$1,645,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,920 SqFt
$563/SqFt
Multi
Schools Nearby

Location

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1704 Monroe St, Santa Clara$1,645,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street, Uncovered
Year Built1920
MLS #ML81965474
Lot Size0.14 Acres
StatusActive

About 1704 Monroe St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,920 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 345-3000
  • Listing Agent: Ismael Benhamida

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Carpet

Exterior Features

Parking Information:

  • Parking: Off Street, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: Cross Street: Reeve Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,645,000
  • Price Per SqFt: $563/SqFt

Tax Information:

  • Annual Amount: $11,274
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Clara, CA.

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Santa Clara, CA

City

Med. Sold Price

$1.5M

Med. Price/SqFt

$1,024

Avg. Days On Market

13

# of Sold Homes

87

1704 Monroe St vs Santa Clara

14 DAYS ON ROCKET

+1 Day

$1,645,000

+$48K More

$563/SqFt

-$461 Less

KEY TAKEAWAY

This property is $48K more than the Median Sold Price and $461/SqFt less than other homes in Santa Clara, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81965474

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 345-3000
  • Listing Agent: Ismael Benhamida

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 2:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 17, 2005Home Sold
$750,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,274$946,874
2020$11,273$937,166
2019$10,538$918,791
2018$10,538$900,776
2017$10,487$883,115

History based on county public records data.

Payment Calculator

$8,278

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,998

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3734163
3
/10

  • Scott Lane Elementary School

  • 1925 Scott Blvd

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-3734164
6
/10

  • C. W. Haman Elementary School

  • 865 Los Padres Blvd

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-3734165
9
/10

  • Washington Elementary School

  • 270 Washington St

  • 1.07 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,980. Most Santa Clara, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›Santa Clara›95050›1704 Monroe St

This home is located at 1704 Monroe St in Santa Clara, CA and zip code 95050. This 2,920 square foot home, which was built in 1920, sits on a 0.14 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,645,000.

Over 70 listings were sold over their listed price in April 2024 in Santa Clara, CA. In the same period over 8 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Santa Clara, CA increased by 42.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 13 days, the median list price was $1,597,000.

From Rocket Homes Real Estate and based on county public records data.

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