NOT LISTED FOR SALE

543 Grand Fir Ave Unit 3 Sunnyvale, CA 94086

Ponderosa Park Neighborhood
8 Beds
7 Baths
4,097 Sq Ft
8,712 Sq Ft Lot

Last Sold November 08, 2016

Last sale price $1,850,000 $452 Per Sq Ft

15 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Ceiling Fan
  • Sunnyvale Middle School Rated A-

About This Home

As of November 2016

Great 4-plex in a desirable rental location! 543 Grand Fir Avenue features an outstanding unit mix of (1) 3 bedrooms / 2 bathrooms; (2) 2 bedrooms / 1.5 bathrooms; and (1) 1 bedroom 1 bathroom apartments. The large interiors average over 1,000 sq. ft. each. The units are generally clean with dishwashers and forced air throughout and on-site laundry. The current rents are below market and there exists immediate upside potential to improve returns. The property is situated on an oversized corner lot with mature and well-maintained landscaping.

Last Agent to Sell the Property

Joel Hopman

Newmark Cornish & Carey License #01934574 Listed on: 10/11/2016

Last Buyer's Agent

Justin Bautista

Newmark Cornish & Carey License #01268331

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 8,712

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,097 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Additional Features

  • 8,712 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $81,300

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $1,400
  • Maintenance Expense $2,800
  • Other Expense $188
  • Utility Expense $959
  • Trash Expense $5,646
  • Operating Expense $34,582
  • Gross Income $79,676

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 47
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4097
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Living Sq Ft: 4097
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High

Lot Info

  • Lot Acres: 0.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8712.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.52
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1400
  • Expense Landscape: 1500
  • Expense Maintenance: 2800
  • Expenses Other: 188
  • Expenses Total: 34582
  • Expenses Utility: 959
  • Expense Trash: 5646
  • Income Annual Gross: 79676.00
  • Income Annual Rental: 81300
  • Income Gross Scheduled: 82140
  • Income Includes: Laundry, Rents
  • Income Other: 840
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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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 Change Sq Ft Price
11/08/2016 11/08/16 Sold $1,850,000 0.0% $452 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $1,850,000 -- $452 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joel Hopman

    Newmark Cornish & Carey

    (650) 688-8536

    1 in this area

    42 Total Sales

    Joel Hopman
    Section Image

  • J

    Buyer's Agent in 2016

    Justin Bautista

    Newmark Cornish & Carey

    Section Image
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Map

Source: MLSListings

MLS Number: ML81628074

MLSListings

APN: 209-19-012

California Santa Clara County Sunnyvale 94086 Ponderosa Park

543 Grand Fir Ave Unit 3, Sunnyvale, CA

This home is located at 543 Grand Fir Ave Unit 3, Sunnyvale, CA 94086 since 11 October 2016. This property was built in 1969. 543 Grand Fir Ave Unit 3 is a home located in Santa Clara County with nearby schools including Ellis Elementary School, Sunnyvale Middle School, and Fremont High School.

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