NOT LISTED FOR SALE

1570 Albatross Dr Sunnyvale, CA 94087

6 Beds
6 Baths
2,778 Sq Ft
7,074 Sq Ft Lot

Last Sold October 18, 2017

Last sale price $2,000,000 $720 Per Sq Ft

12 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Walk-In Closet
  • Storage Room
  • Louis E. Stocklmeir Elementary School Rated A-
  • Tile Countertops
  • Shed

About This Home

As of October 2017

A rare opportunity - quality 4-Plex in fantastic location that feeds to award-winning Cupertino Schools. Excellent unit mix: (2) 2 bedrooms, 1/1.5 baths with spacious private back yards & (2) 1 bedroom/1bath units with enclosed charming porches. Double pane windows. Units 1 & 4 walk-in closets. Units 3 & 4 pantry. Flooring; laminate, tile. Unit #1 only carpet. Laundry hook up for coin laundry. In close proximity to the Apple "Space Ship" Campus, approx. 1.2 mile. This is a 1031 Exchange.

Last Agent to Sell the Property

Zahra Miller

Coldwell Banker Realty License #01235386 Listed on: 08/24/2017

Coldwell Banker Realty

Last Buyer's Agent

Nena Price

Coldwell Banker Realty License #01015160

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,074 Sq Ft Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Home Design

  • Quadruplex
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • Walk-In Closet
  • 2,778 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 6 Parking Spaces
  • On-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $91,740

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,166
  • Maintenance Expense $3,200
  • Utility Expense $3,600
  • Trash Expense $2,200
  • Operating Expense $19,063
  • Gross Income $91,740

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R2PD
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2778
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 2778
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance, Porch - Enclosed, Storage Shed / Structure

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Fremont Union High
  • Elementary School: Louis V. Stocklmeir Elementary
  • Middle School: Cupertino Middle
  • High School: Fremont High
  • High School: 257
  • Elementary School: 1057
  • Middle School: 70

Lot Info

  • Lot Acres: 0.1624
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7076.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7076.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.40
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2166
  • Expense Landscape: 1200
  • Expense Maintenance: 3200
  • Expenses Total: 19063
  • Expenses Utility: 3600
  • Expense Trash: 2200
  • Income Annual Gross: 91740.00
  • Income Annual Rental: 91740
  • Income Gross Scheduled: 91740
  • Income Includes: Rents
  • Meters: Master Electric, Master Water, Separate Common Area, Separate Electric
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2017 10/18/17 Sold $2,000,000 +18.5% $720 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $1,688,000 -- $608 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81675379

MLSListings

APN: 309-40-027