NOT LISTED FOR SALE

431 & 433 E Mckinley Ave Sunnyvale, CA 94086

Ponderosa Park Neighborhood
4 Beds
2 Baths
1,967 Sq Ft
7,492 Sq Ft Lot

Sale Details

Date Sold: July 5, 2017

Last sale price $1,645,000 $836 Per Sq Ft

19 Days on Market

Highlights

  • 2 Car Attached Garage
  • Carpet
  • 1-Story Property
  • Sunnyvale Middle School Rated A-

About This Home

As of July 2017

Open house 5/15/2017 from 5-6pm don't miss it. Don't miss this LOT SPLIT POTENTIAL. Same size lot on this same block has been slated for a lot split and the construction of two new homes on it with two separate APN numbers. Calling all developers and contractors.. Just a short 5 min walk to DOWNTOWN SUNNYVALE, Train station, new Medical facilities. Next door to Sunnyvale's historic nut factory. This rock solid duplex could generate well over seven thousand dollars a month rental income++ with total remodel. Two units both 2 bedroom one bath. Build two new homes or remodel and keep this solid duplex. Great investment. Owner occupied in back unit and tenant in front unit DO NOT DISTURB. This property has been well maintained. Rental income is low currently but can be very high.

Last Agent to Sell the Property

David Allen Rivas

David Allen Rivas, Broker License #01841683 Listed on: 05/01/2017

Last Buyer's Agent

Joanna Price

Realty One Group - World Properties License #01319379

Realty One Group - World Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 7,492 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Off-Site Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,967 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $27,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $900
  • Utility Expense $15
  • Operating Expense $1,915
  • Gross Income $26,460

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

7,492 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 1967
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Brick, Wood

Garage/Parking

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

Utilities

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

Schools

  • High School: 257

Lot Info

  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 51.81
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 900
  • Expenses Total: 1915
  • Expenses Utility: 15
  • Income Annual Gross: 26460.00
  • Income Annual Rental: 27000
  • Income Gross Scheduled: 27000
  • Income Includes: Lease, Owners Unit Rental
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 2
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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
07/05/2017 07/05/17 Sold $1,645,000 +17.6% $836 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/04/2017 05/04/17 Price Changed $1,398,888 -29.7% $711 / Sq Ft
05/01/2017 05/01/17 For Sale $1,988,888 -- $1,011 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

  • David Allen Rivas

    Seller's Agent in 2017

    David Allen Rivas

    David Allen Rivas, Broker

    (408) 431-7202

    28 Total Sales

    David Allen Rivas
    Section Image

  • J

    Buyer's Agent in 2017

    Joanna Price

    Realty One Group - World Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81649331

MLSListings
California Santa Clara County Sunnyvale 94086 Ponderosa Park

431 & 433 E Mckinley Ave, Sunnyvale, CA

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