For sale

$3,198,000

2831 Malabar Ave, Santa Clara, CA 95051

9beds

5baths

4,032sqft

$21,896/mo

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Quadruplex, Residential Income

Built in 1962

-- sqft lot

$2,928,400 Zestimate^®

$793/sqft

$-- HOA

What's special

New roofEnclosed private patio roomPrivate detached garageIndoor laundry

Great investment in Santa Clara with Cupertino Schools. Unit one is like a house, owner unit, ideal for great rental rates with 3 bedrooms, 2 baths, fireplace, enclosed private patio room, indoor laundry, and a 1 car private detached garage, The rest are 2 bedroom 1 bath with private detached 1 car garages, shared laundry. New Roof. rents may appear to be below market. All 4 units are tenant occupied. Close to Santana Row, Valley Fair, the new Apple campus, 280, Stevens Creek, San Tomas Expressway, Lawrence Expressway. Please do not disturb the tenants.

521 days

252

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 5

Heating

Forced Air

Cooling

Central Air

Features

Doors: None

Interior area

Total structure area: 4,032
Total interior livable area: 4,032 sqft

Property

Parking

Total spaces: 4
Parking features: Detached
Garage spaces: 4
Has carport: Yes

Accessibility

Accessibility features: None

Features

Stories: 2

Lot

Size: 7,150 Square Feet

Details

Parcel number: 29633028
Zoning: R3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Residential Income

Materials

Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1962

Utilities & green energy

Gas: IndividualGasMeters
Sewer: Public Sewer
Water: Water On Site
Utilities for property: Individual Electric Meters, Individual Gas Meters

Community & HOA

Location

Region: Santa Clara

Financial & listing details

Price per square foot: $793/sqft
Tax assessed value: $2,901,460
Annual tax amount: $33,016
Date on market: 2/18/2025
Listing agreement: ExclusiveRightToSell
Inclusions: Building, DishwasherAllUnits, OvenRangeAllUnits
Lease term: Month To Month

Estimated market value

$2,928,400

$2.75M - $3.07M

$2,847/mo

Price history

Date	Event	Price
2/19/2025	Listed for sale	$3,198,000+25.4%$793/sqft
Source: MLSListings Inc #ML81994545 Report a problem
11/1/2017	Sold	$2,550,000+25.6%$632/sqft
Source: Public Record Report a problem
3/2/2017	Sold	$2,030,000+576.7%$503/sqft
Source: Public Record Report a problem
12/20/2013	Sold	$300,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$34,762 +5.3%	$2,901,460 +2%
2024	$33,017 +0.7%	$2,844,570 +2%
2023	$32,777 +1.4%	$2,788,795 +2%
2022	$32,333 +0.9%	$2,734,113 +2%
2021	$32,029 +1.2%	$2,680,504 +1%
2020	$31,664	$2,653,020 +2%
2019	$31,664 +4.7%	$2,601,000 +2%
2018	$30,229	$2,550,000 +280.1%
2017	$30,229 +257.4%	$670,862 +2%
2016	$8,459 +3.7%	$657,708 +1.5%
2015	$8,156 +2.7%	$647,830 +2%
2014	$7,943	$635,141 +354.8%
2013	--	$139,662 +2%
2012	--	$136,924 +2%
2011	--	$134,240 +0.8%
2010	--	$133,238 -0.2%
2009	--	$133,556 +2%
2008	--	$130,938 +2%
2007	--	$128,372 +2%
2006	--	$125,856 +2%
2005	--	$123,389 +2%
2004	--	$120,971 +1.9%
2003	--	$118,754 +2%
2002	--	$116,427 +2%
2001	--	$114,145

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 95051

Getting around

62 / 100

Somewhat Walkable

44 / 100

Some Transit

71 / 100

Very Bikeable

Nearby schools

GreatSchools rating

8/10
Dwight D. Eisenhower Elementary School
Grades: K-5Distance: 0.7 mi
10/10
Warren E. Hyde Middle School
Grades: 6-8Distance: 2.1 mi
10/10
Cupertino High School
Grades: 9-12Distance: 1.8 mi

Schools provided by the listing agent

District: CupertinoUnion

Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.