NOT LISTED FOR SALE

372 Florence St Sunnyvale, CA 94086

5 Beds
3 Baths
1,956 Sq Ft
6,469 Sq Ft Lot

Last Sold July 05, 2019

Last sale price $1,720,000 $879 Per Sq Ft

24 Days on Market

Highlights

  • Tile Countertops
  • Forced Air Heating System
  • Fenced
  • Cumberland Elementary School Rated A-
  • Washer and Dryer
  • Back Yard

About This Home

As of July 2019

Amazing opportunity to own or live in a duplex home in the Heritage District in Sunnyvale. Close to downtown and library. You can walk to work! The duplex features 2 br, 1 ba in the front (#372) and 3 br, 2 ba in the rear (#374). Both tenants are on a month-to-month lease. Front unit has updated kitchen and bath, laminated flooring and double pane windows. The rear unit has updated flooring and some remodeling for the bathroom. The rear unit has exclusive use of the backyard and the carport. All the bedrooms are very spacious. Excellent location near park, library, Caltrain, downtown, and major SV companies. Excellent local schools! Kids can go to Homestead HS! Vacancy is very low. Check with the city for development or in-fill project opportunity. Photo include both pre-lease photos and current tenant occupied condition. Do not disturb tenants! Open house on 5/25 from 11:00 to 3:00 PM only! Dont miss this RARE opportunity to own this amazing home.

Last Agent to Sell the Property

Raymond Ong

RWC Property Services, Inc. License #01113341 Listed on: 05/13/2019

Last Buyer's Agent

Raymond Ong

RWC Property Services, Inc. License #01113341 Listed on: 05/13/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 6,469 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Washer and Dryer

Kitchen

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $75,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,100
  • Maintenance Expense $2,025
  • Utility Expense $1,200
  • Trash Expense $1,178
  • Operating Expense $12,403
  • Gross Income $72,750

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

6,469 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R4
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Countertop - Tile, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1956
  • Stories: 1
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air, Central Forced Air - Gas, Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 258

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1485
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6467.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6467.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.33
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1100
  • Expense Landscape: 600
  • Expense Maintenance: 2025
  • Expenses Total: 12403
  • Expenses Utility: 1200
  • Expense Trash: 1178
  • Income Annual Gross: 72750.00
  • Income Annual Rental: 75000
  • Income Gross Scheduled: 75000
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3
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Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2019 07/05/19 Sold $1,720,000 -1.7% $879 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $1,750,000 -- $895 / 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 $21,532 $1,881,067 $1,585,785 $295,282
2024 $21,532 $1,844,185 $1,554,692 $289,493
2023 $21,335 $1,808,025 $1,524,208 $283,817
2022 $20,995 $1,772,574 $1,494,322 $278,252
2021 $20,799 $1,737,819 $1,465,022 $272,797
2020 $20,536 $1,720,000 $1,450,000 $270,000
2019 $6,869 $562,095 $223,375 $338,720
2018 $6,734 $551,075 $218,996 $332,079
2017 $6,648 $540,270 $214,702 $325,568
2016 $6,390 $529,678 $210,493 $319,185
2015 $6,426 $521,723 $207,332 $314,391
2014 $6,301 $511,504 $203,271 $308,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81751641

MLSListings

APN: 165-13-003

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