NOT LISTED FOR SALE

285 E California Ave Sunnyvale, CA 94086

Heritage District Neighborhood
2 Beds
2 Baths
1,280 Sq Ft
5,489 Sq Ft Lot

Last Sold October 26, 2016

Last sale price $920,000 $719 Per Sq Ft

15 Days on Market

Highlights

  • City Lights View
  • Ceiling Fan
  • Level Lot
  • Fremont High School Rated A
  • Washer and Dryer
  • 3-minute walk to Martin Murphy Junior Park

About This Home

As of October 2016

This Multi-Family home located in the Heritage District neighborhood of Sunnyvale, the Heart of the Silicon Valley and home to Yahoo, Google, and several aerospace/defense companies. Both units are currently on month to month leases. Unit 285 (front) is 1/1 with laundry, yard, and 1 car garage, which has been converted into a den. Unit 289 (back) is 1/1 with laundry and well maintained yard. OPEN HOUSE: Saturday, September 24, 2016, 12PM-3PM.

Last Agent to Sell the Property

Selina Bravo

Robert Rosenberg, Broker License #01931105 Listed on: 09/13/2016

Robert Rosenberg, Broker

Last Buyer's Agent

Selina Bravo

Robert Rosenberg, Broker License #01931105 Listed on: 09/13/2016

Robert Rosenberg, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 5,489 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Lights Views
  • Crawl Space
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Off-Site Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $40,680

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $441
  • Manager Expense $3,600
  • Utility Expense $300
  • Operating Expense $7,535
  • Gross Income $40,680

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Unknown
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1280
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1280
  • Stories: 1
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • View: City Lights
  • Construction Type: Brick

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area, Off-Site Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1260
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5501.63
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5501.63

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.00
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities
  • Expense Insurance: 441
  • Expense Management: 3600
  • Expenses Total: 7535
  • Expenses Utility: 300
  • Income Annual Gross: 40680.00
  • Income Annual Rental: 40680
  • Income Gross Scheduled: 40680
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
10/26/2016 10/26/16 Sold $920,000 +2.8% $719 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $895,000 -- $699 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $13,792 $1,196,309 $951,678 $244,631
2024 $13,792 $1,172,853 $933,018 $239,835
2023 $13,666 $1,149,857 $914,724 $235,133
2022 $13,452 $1,127,312 $896,789 $230,523
2021 $13,325 $1,105,208 $879,205 $226,003
2020 $13,075 $1,093,876 $870,190 $223,686
2019 $12,782 $1,072,428 $853,128 $219,300
2018 $12,526 $1,051,400 $836,400 $215,000
2017 $11,054 $920,000 $820,000 $100,000
2016 $3,178 $252,677 $177,690 $74,987
2015 $3,195 $248,882 $175,021 $73,861
2014 $1,196 $80,245 $26,173 $54,072
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Selina Bravo

    Robert Rosenberg, Broker

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Map

Source: MLSListings

MLS Number: ML81614311

MLSListings

APN: 204-45-048

California Santa Clara County Sunnyvale 94086 Heritage District

285 E California Ave, Sunnyvale, CA

Not Listed for Sale

MultiFamily

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