Santa Clara County  »  2040 Martin Ave

2040 Martin Avenue, Santa Clara, CA 95050 - Property report

Also known as: 2040 Martin Ave

Property image for 2040 Martin Avenue, Santa Clara, CA 95050
static Mapbox map

Property type

Vacant Industrial Non-Manufacturing Buildings and Uses (18)

Acreage

4.905

Sale price

$58,100,000

General Information

Address
Primary address
2040 Martin Ave
Santa Clara, CA 95050
Alternate address(es)
2050 Martin Ave
2354 Martin Ave
Zip code
95050
County
Santa Clara
Municipality
Santa Clara
Parcel ID
224-10-116

Owner

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Sales
Sale date
04/30/2021
Sale price
$58,100,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$863,428
Building
Property type
Vacant Industrial Non-Manufacturing Buildings and Uses
Lot
Acreage
4.905
Zoning & use
Zoning
Qualified opportunity zone

Area overview

Walk score
46 /100.  Car-Dependent
Transit score
34 /100.  Some Transit
Bike score
70 /100.  Very Bikeable
School district
07014

Ownership information for 2040 Martin Avenue, Santa Clara, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 2040 Martin Avenue, Santa Clara, CA 95050

Sale date Sale price Buyer name Seller name
04/30/2021 $58,100,000 XXXXXXX XXXXX XXXXX XXX XX XXXXX XXXXX XXX
10/16/2018 $51,075,000 XX XXXXX XXXXX XXX; XXXXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXXXXX XXX; XXX XXXXXX XXX
12/31/2008 $5,640,500 XXX XXX XXXXXXXX & XXXXXXXX XXX

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
03/03/2026 Amendment/Modification Deed of Trust XXXXXXX XXXXX XXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX
01/05/2022 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing
XXXXXXX XXXXX XXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX
01/05/2022 Reconveyance
Substitution Trustee
XXXXXXX XXXXX XXXXX XXX XXXXXXX XXXXX XXXXX XXX
07/23/2021 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing
XXXXXXX XXXXX XXXXX XXX XXXXXXXX XXXXX XXXX X X
05/05/2021 Reconveyance
Substitution Trustee
XXXXXXXX XXXX XXXXXXXX XXXX
04/30/2021 Grant Deed XX XXXXX XXXXX XXX XXXXXXX XXXXX XXXXX XXX
04/30/2021 Assignment XXXXXXX XXXXXXXXXX XXX XXXXXXX XXXXX XXXXX XXX
04/30/2021 Termination XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXXXX XXX
10/16/2018 Agreement
Subordination Agreement
XX XXXXX XXXXX XXX XXXXXXX XXXXXXXXXX XXX
10/16/2018 Lease
Option
XX XXXXX XXXXX XXX XXXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2040 Martin Avenue, Santa Clara, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$863,428
Recent tax assessments
Market value
$73,017,176
Land value
$31,715,261
Building value
$41,301,915

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $73,017,176 1.1825 $863,428 -1.02%
2024-2025 $75,125,277 1.1612 $872,355 -3.26%
2023-2024 $76,902,530 1.1726 $901,759 +18.86%
2022-2023 $64,553,419 1.1753 $758,696 +109.24%
2021-2022 $30,355,356 1.1945 $362,595 +1.85%
2020-2021 $30,044,100 1.185 $356,023 +31.20%
2019-2020 $22,482,586 1.207 $271,365 +6.94%
2018-2019 $22,041,752 1.1512 $253,745 +0.48%
2017-2018 $21,609,562 1.1687 $252,542 +2.99%
2016-2017 $21,185,846 1.1574 $245,205 +0.37%

Permit information for 2040 Martin Avenue, Santa Clara, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
08/19/2024
10/05/2023
06/27/2022
02/27/2020
08/08/2016

*Most recent permits on record for this property.

Demographics by ZIP code

Total population
39,834
Median age
36.2
Average household income
$191,400
Family households
58.4%
People per household (average)
2.45
Occupied housing units
15,831
Owner-occupied units
41.5%
Median year structure built
1965
Median value mortgaged units
$1,475,200
Median value unmortgaged units
$1,422,900

Risk

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FEMA flood zones

FEMA flood zones
0.2
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 2040 Martin Avenue, Santa Clara, CA 95050 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 2040 Martin Avenue, Santa Clara, CA 95050?

The current market value of 2040 Martin Avenue, Santa Clara, CA 95050 is $73,017,176.

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