M
Seller's Agent in 2019
Michael C
Intero Real Estate Services
557 Alberta Ave Sunnyvale, CA 94087
10
Beds
8
Baths
4,612
Sq Ft
0.35
Acres
Highlights
- Normandy Architecture
- 2 Car Attached Garage
- 1-Story Property
- Chester W. Nimitz Elementary School Rated A-
- Washer and Dryer
About This Home
As of June 2019557 Alberta Ave in Sunnyvale was built in 1968, and has been fully upgraded and remodeled in 2014. This turn-key, 4 unit investment is 100% leased with upside potential in rental income. The property benefits from its location being only a short commute to Apple Campuses and its incorporation into the coveted Cupertino School District. The property has been well maintained and professionally managed truly an unique opportunity to own one of the few deluxe apartment complexes in Sunnyvale. Normandy style architecture is pleasing to the tenants and neighbors. All of the units are highly desirable ground floor single level garden style apartment homes all with in-unit laundry. Tenant Pays individual gas heating, electrical, phone, and cable. Landlord pays property tax, insurance, maintenance, garbage service, water/sewer, common area lighting, water, and gas for hot water.
Last Agent to Sell the Property
Michael C
Intero Real Estate Services License #01721189 Listed on: 04/02/2018
Property Details
Home Type
- Multi-Family
Year Built
- 1968
Lot Details
- 0.35 Acre Lot
Parking
- 2 Car Attached Garage
- 4 Carport Spaces
- Assigned Parking
Home Design
- Quadruplex
- Normandy Architecture
- Flat Roof Shape
- Slab Foundation
- Tar and Gravel Roof
- Composition Roof
Interior Spaces
- 4,612 Sq Ft Home
- 1-Story Property
- Washer and Dryer
Utilities
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $150,252
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,800
- Insurance Expense $2,208
- Maintenance Expense $5,600
- Utility Expense $1,273
- Trash Expense $6,377
- Operating Expense $61,133
- Gross Income $147,247
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2019 06/18/19 | Sold | $3,400,000 | -2.8% | $737 / Sq Ft | |
| 04/21/2019 04/21/19 | Pending | -- | -- | -- | |
| 12/18/2018 12/18/18 | Price Changed | $3,498,000 | -5.4% | $758 / Sq Ft | |
| 10/15/2018 10/15/18 | Price Changed | $3,698,000 | -5.2% | $802 / Sq Ft | |
| 04/02/2018 04/02/18 | For Sale | $3,899,000 | +129.4% | $845 / Sq Ft | |
| 08/22/2013 08/22/13 | Sold | $1,700,000 | +19.3% | $369 / Sq Ft | View Prior Sale |
| 07/25/2013 07/25/13 | Pending | -- | -- | -- | |
| 07/16/2013 07/16/13 | For Sale | $1,425,000 | -- | $309 / 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 | $43,146 | $3,792,760 | $3,569,659 | $223,101 |
| 2024 | $43,146 | $3,718,393 | $3,499,666 | $218,727 |
| 2023 | $42,937 | $3,645,485 | $3,431,046 | $214,439 |
| 2022 | $42,421 | $3,574,006 | $3,363,771 | $210,235 |
| 2021 | $42,059 | $3,503,928 | $3,297,815 | $206,113 |
| 2020 | $41,579 | $3,468,000 | $3,264,000 | $204,000 |
| 2019 | $22,545 | $1,868,156 | $1,098,915 | $769,241 |
| 2018 | $22,024 | $1,831,526 | $1,077,368 | $754,158 |
| 2017 | $21,920 | $1,795,615 | $1,056,244 | $739,371 |
| 2016 | $21,297 | $1,760,408 | $1,035,534 | $724,874 |
| 2015 | $21,178 | $1,733,966 | $1,019,980 | $713,986 |
| 2014 | $20,655 | $1,700,000 | $1,000,000 | $700,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Mandana Simai
Buyer's Agent in 2019
Mandana Simai
Sereno Group
(408) 315-9958
136 Total Sales
-
Bart Call
Seller's Agent in 2013
Bart Call
Sereno Group
(408) 335-1495
43 Total Sales
Map
Source: MLSListings
MLS Number: ML81698876
APN: 323-30-050
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