NOT LISTED FOR SALE

551 Alberta Ave Sunnyvale, CA 94087

6 Beds
6 Baths
3,263 Sq Ft
0.33 Acres

Last Sold August 24, 2018

Last sale price $2,315,000 $709 Per Sq Ft

28 Days on Market

Highlights

  • Balcony
  • 3 Car Detached Garage
  • Tile Flooring
  • Chester W. Nimitz Elementary School Rated A-
  • Ceramic Countertops
  • Ceiling Fan

About This Home

As of August 2018

Don't miss this rare opportunity to own a single-story triplex. All three units have 2br/2ba, detached garage and indoor laundry*Unit #2 has new carpet and laminate flooring* Large lot, over 14,000 sf. with quiet/private yard* Units face common grassy area with mature landscaping, perfect place for tenants to entertain friends or relax and BBQ. The property is located in highly desirable Sunnyvale location, Conveniently located close to the new Apple campus, Kaiser Santa Clara Medical Center, 280, Deanza College, shopping and restaurants.

Last Agent to Sell the Property

Jackie Jones

Coldwell Banker Residential Brokerage License #00595786 Listed on: 06/26/2018

Coldwell Banker Residential Brokerage

Last Buyer's Agent

Gregg Fussell

Coldwell Banker Residential Brokerage License #01790139

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 3 Car Detached Garage

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,263 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Heating Available
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $44,860

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $100
  • Manager Expense $553
  • Operating Expense $2,777
  • Gross Income $44,860

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0.33 Acres

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3263
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Ceramic, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range
  • Living Sq Ft: 3263
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14420.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14420.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 61.08
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Landscape: 100
  • Expense Management: 553
  • Expenses Total: 2777
  • Income Annual Gross: 44860.00
  • Income Annual Rental: 44860
  • Income Gross Scheduled: 44860
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
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Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $2,315,000 -15.5% $709 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $2,740,000 -- $840 / 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 $29,445 $2,582,422 $2,007,932 $574,490
2024 $29,445 $2,531,787 $1,968,561 $563,226
2023 $29,302 $2,482,145 $1,929,962 $552,183
2022 $29,032 $2,433,476 $1,892,120 $541,356
2021 $28,784 $2,385,762 $1,855,020 $530,742
2020 $28,457 $2,361,300 $1,836,000 $525,300
2019 $27,821 $2,315,000 $1,800,000 $515,000
2018 $2,135 $141,882 $30,224 $111,658
2017 $2,125 $139,101 $29,632 $109,469
2016 $2,063 $136,374 $29,051 $107,323
2015 $2,052 $134,326 $28,615 $105,711
2014 $2,012 $131,696 $28,055 $103,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81711976

MLSListings

APN: 323-30-022

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