Century 21 Commercial is pleased to present 2421 Karen Drive, a well-maintained four-unit multifamily investment opportunity located in the heart of Santa Clara, California. The property consists of two upgraded two-bedroom, one-bath units and two original one-bedroom, one-bath units, offering an ideal combination of stabilized income and value-add potential.
Recent capital improvements include a new roof and exterior paint completed in 2025, providing reduced near-term maintenance costs. Units 2 and 3 were fully remodeled in May 2023 and June 2024 with modern interior finishes. The property encompasses approximately 2,400 square feet of living space on a 0.16-acre lot, featuring a low-rise design, concrete perimeter foundation, and desirable one-story layout.
Each unit is individually metered for gas and electricity, with a master water meter. The property offers four covered carport spaces plus additional off-street parking, as well as a private backyard suitable for tenant gatherings. Positioned in a prime central Santa Clara location, the asset provides convenient access to major Silicon Valley employers, top universities, and premier retail and dining destinations making it an attractive long-term investment with continued upside potential.
Sold for $1,985,000
$1,985,000
2421 Karen Dr, Santa Clara, CA 95050
6beds
4baths
2,400sqft
Quadruplex, Residential Income
Built in 1960
-- sqft lot
$1,964,100 Zestimate®
$827/sqft
$3,998 Estimated rent
Home value
$1,964,100
$1.81M - $2.14M
$3,998/mo
Zestimate® history
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$12,762/mo
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List your homeWhat's special
Private backyardNew roofOriginal one-bedroom one-bath unitsModern interior finishesLow-rise designDesirable one-story layoutExterior paint
Zillow last checked:
Listing updated:
Listed by:
Hamza Mabrouk 02131222 415-671-9881,
CENTURY 21 Masters 650-689-5888,
Ratbek Erkinbekov 02245125,
CENTURY 21 Masters
Bought with:
Dr Prince Nechikat, 01412136
Prince Realty & Finance Inc.
Source: MLSListings Inc,MLS#: ML82025977
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Other
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Carport, Covered
- Garage spaces: 4
- Carport spaces: 4
- Covered spaces: 8
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 6,896 Square Feet
Details
- Parcel number: 29037037
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Other
- Roof: Other
Condition
- Year built: 1960
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Santa Clara
Financial & listing details
- Price per square foot: $827/sqft
- Tax assessed value: $1,738,257
- Annual tax amount: $25,850
- Date on market: 11/7/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Sold | $1,985,000-4%$827/sqft |
Source:  MLSListings Inc #ML82025977 Report a problem | ||
| 12/3/2025 | Contingent | $2,068,000$862/sqft |
Source: MLSListings Inc #ML82025977 Report a problem | ||
| 11/8/2025 | Listed for sale | $2,068,000+26.3%$862/sqft |
Source: MLSListings Inc #ML82025977 Report a problem | ||
| 2/25/2022 | Sold | $1,638,000-3.5%$683/sqft |
Source:  MLSListings Inc #ML81870904 Report a problem | ||
| 1/24/2022 | Contingent | $1,698,000$708/sqft |
Source: MLSListings Inc #ML81870904 Report a problem | ||
| 1/4/2022 | Price change | $1,698,000-5.7%$708/sqft |
Source: MLSListings Inc #ML81870904 Report a problem | ||
| 11/23/2021 | Listed for sale | $1,800,000+50%$750/sqft |
Source: MLSListings Inc #ML81870904 Report a problem | ||
| 4/13/2016 | Sold | $1,200,000+8471.4%$500/sqft |
Source: Public Record Report a problem | ||
| 5/10/2011 | Sold | $14,000-97.9%$6/sqft |
Source: Public Record Report a problem | ||
| 5/18/2001 | Sold | $670,000$279/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,735 +3.8% | $1,738,257 +2% |
| 2024 | $19,966 +1% | $1,704,175 +2% |
| 2023 | $19,767 +7.4% | $1,670,760 +7.8% |
| 2022 | $18,402 +0.4% | $1,550,487 +2% |
| 2021 | $18,332 +17.8% | $1,520,086 +17% |
| 2020 | $15,564 | $1,298,917 +2% |
| 2019 | $15,564 +7% | $1,273,449 +2% |
| 2018 | $14,544 | $1,248,480 +2% |
| 2017 | $14,544 +0.5% | $1,224,000 +52.8% |
| 2016 | $14,473 +52.8% | $800,870 +1.5% |
| 2015 | $9,472 +5.2% | $788,841 +2% |
| 2014 | $9,005 | $773,390 +0.5% |
| 2013 | -- | $769,896 +2% |
| 2012 | -- | $754,800 -4.2% |
| 2011 | -- | $788,011 +0.8% |
| 2010 | -- | $782,123 -0.2% |
| 2009 | -- | $783,982 +2% |
| 2008 | -- | $768,611 +2% |
| 2007 | -- | $753,542 +2% |
| 2006 | -- | $738,768 +2% |
| 2005 | -- | $724,283 +2% |
| 2004 | -- | $710,082 +1.9% |
| 2003 | -- | $697,068 +2% |
| 2002 | -- | $683,400 +1012% |
| 2001 | -- | $61,457 |
Find assessor info on the county website
Neighborhood: 95050
Nearby homes
- $--2 bd1 ba600 sqft2421 Karen Dr APT 3, Santa Clara, CA 95050Off Market
- $--2 bd1 ba600 sqft2421 Karen Dr APT 2, Santa Clara, CA 95050Off Market
- $1,074,6001 bd1 ba650 sqft2421 Karen Dr APT 4, Santa Clara, CA 95050Off Market
- $1,857,700-- bd-- ba2.4k sqft2425 Karen Dr, Santa Clara, CA 95050Off Market
- $--1 bd1 ba600 sqft2425 Karen Dr APT 1, Santa Clara, CA 95050Off Market
- $--1 bd1 ba600 sqft2425 Karen Dr APT 4, Santa Clara, CA 95050Off Market
- $--1 bd1 ba600 sqft2419 Karen Dr #3, Santa Clara, CA 95050Off Market
- $1,375,1002 bd2 ba1.1k sqft2419 Karen Dr, Santa Clara, CA 95050Off Market
Nearby schools
GreatSchools rating
- 6/10C. W. Haman Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Buchser Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Santa Clara High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: SantaClaraUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,964,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,964,100
- California
- Santa Clara County
- Santa Clara
- 95050
- 2421 Karen Dr
Nearby cities
Nearby zip codes
Other Santa Clara Topics
