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2205 Royal Drive, Santa Clara, California 95050, Santa Clara, 95050 - bed, bath

2205 Royal Drive, Santa Clara, California 95050 home-pic-0
ACTIVE$2,495,000
2205 Royal Drive, Santa Clara, California 95050
0Bed
0Bath
3,556Sqft
10,168Lot
Year Built
1959
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$702
HOA
-
Days on market
-
Sold On
-
MLS number
ML82026418
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.50M(80th), sqft - 3556(80th), beds - undefined(50th), baths - undefined(50th).

Marcus and Millichap is pleased to present two adjacent fourplexes in Santa Clara, California, available for individual purchase or as a portfolio (2205 Royal + 2185 Royal). Both properties have received extensive renovations, including new roofs, new hardscape and landscaping, fully renovated interiors with in unit washers and dryers, updated backyards, updated sub panels, updated plumbing, and new redwood fencing. Each building is single story, supporting strong renter appeal and rapid lease up to a premium tenant profile. The location is exceptional, within one mile of NVIDIA headquarters, positioning the assets to outperform local rental averages for years to come. Parking is excellent, with one tandem space per unit, two cars deep, totaling eight spaces per building.

Price History

Date
Event
Price
10/31/25
Listing
$2,495,000
04/30/19
Sold
$1,650,000
Condition Rating
Excellent
Despite being built in 1959, the property has undergone extensive and recent renovations, as explicitly stated in the description and visually confirmed by the images. The kitchen features new white shaker cabinets, modern white countertops, brand-new stainless steel appliances (range, microwave, refrigerator), recessed lighting, and contemporary LVP flooring, all indicative of a very recent update. The description also notes new roofs, updated sub panels, updated plumbing, and new landscaping/hardscape, bringing the entire property to a virtually new standard. While the HVAC system isn't specified, the comprehensive nature of the other renovations aligns with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with all components appearing new or virtually new and meeting current quality standards.
Pros & Cons

Pros

Prime Location: Strategically located within one mile of NVIDIA headquarters, ensuring high tenant demand and potential for rental income that outperforms local averages.
Extensive Renovations: The property has undergone comprehensive upgrades including new roofs, hardscape, landscaping, fully renovated interiors with in-unit washers and dryers, updated backyards, sub panels, plumbing, and new redwood fencing, minimizing immediate capital expenditures for a new owner.
Strong Renter Appeal: Single-story buildings with modern amenities like in-unit washers and dryers and updated backyards cater to a premium tenant profile, facilitating rapid lease-up and tenant retention.
Excellent Parking: Each unit benefits from one tandem parking space (two cars deep), totaling eight spaces per building, which is a significant advantage in a dense urban environment like Santa Clara.
Investment Flexibility: The property is available for individual purchase or as part of a larger portfolio with an adjacent fourplex, offering scalability and diverse investment strategies for buyers.

Cons

Age of Construction: Built in 1959, despite extensive renovations, the underlying structure is over 60 years old, which could potentially lead to unforeseen maintenance issues not covered by recent updates.
High Entry Price Point: The list price of $2.495 million for a fourplex represents a substantial investment, which may limit the pool of prospective buyers and impact capitalization rates.
Unspecified HVAC System: While interiors are fully renovated, the description does not explicitly mention the presence or upgrade of a central cooling system, which could be a drawback for tenants during warmer months.

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