NOT LISTED FOR SALE

1265 Parkington Ave Sunnyvale, CA 94087

8 Beds
4 Baths
3,294 Sq Ft
9,026 Sq Ft Lot

Sale Details

Date Sold: March 20, 2020

Last sale price $2,370,000 $719 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Double Pane Windows
  • Cherry Chase Elementary School Rated A-
  • Granite Countertops
  • Laundry Room

About This Home

As of March 2020

Nice building with new paint and fresh landscaping. Located in a great area with easy to rent units. Close to shopping, bus routes & HI 85 yet these units enjoy a quiet spot with a neighborhood feel. Set back on a large lot shows pride of ownership in these buildings. Carport and off-street parking is a bonus. Cherry Chase Elem school/ Homestead High makes this a great rental area. Each unit has its own washer and dryer, dishwasher and tile kitchen. all 2 bed 1 bath units. with hardwood floors and tile in baths/kitchen.

Last Agent to Sell the Property

Dottie Monroe

Christie's International Real Estate Sereno License #00594704 Listed on: 02/16/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 9,026 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Garden Views
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $117,690

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,229
  • Maintenance Expense $5,671
  • Other Expense $312
  • Utility Expense $132
  • Trash Expense $3,380
  • Operating Expense $28,283
  • Gross Income $117,690

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

9,026 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3294
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave
  • Living Sq Ft: 3294
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Covered Parking, Off-Site Parking, On Street
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 258

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2072
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9024.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9024.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr, Security Deposit
  • Gross Rent Multiplier: 19.08
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2229
  • Expense Landscape: 1200
  • Expense Maintenance: 5671
  • Expenses Other: 312
  • Expenses Total: 28283
  • Expenses Utility: 132
  • Expense Trash: 3380
  • Income Annual Gross: 117690.00
  • Income Annual Rental: 117690
  • Income Gross Scheduled: 117690
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
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Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $2,370,000 +5.6% $719 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $2,245,000 -- $682 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,602 $2,591,938 $1,968,561 $623,377
2024 $29,602 $2,541,116 $1,929,962 $611,154
2023 $29,332 $2,491,291 $1,892,120 $599,171
2022 $28,853 $2,442,443 $1,855,020 $587,423
2021 $28,583 $2,394,553 $1,818,648 $575,905
2020 $15,863 $1,321,140 $840,727 $480,413
2019 $15,507 $1,295,237 $824,243 $470,994
2018 $15,213 $1,269,841 $808,082 $461,759
2017 $15,017 $1,244,943 $792,238 $452,705
2016 $14,440 $1,220,533 $776,704 $443,829
2015 $14,525 $1,202,201 $765,038 $437,163
2014 -- $1,178,652 $750,052 $428,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81782880

MLSListings

APN: 198-15-008

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