NOT LISTED FOR SALE
9 Beds
-- Bath
3,684 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: December 24, 2012

Last sale price $1,110,000 $301 Per Sq Ft

26 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • Level Lot
  • Sunnyvale Middle School Rated A-
  • Laundry Facilities
  • Carpet

About This Home

As of December 2012

Unique fourplex in strong Sunnyvale rental market. Unit Mix: 3/2, 3/1.5, 2/1, 1/1. Owner's unit with fireplace. Large units generate high rents. Fully rented with upside rent potential. Additional laundry income. Building in good condition with many upgrades: Roof, water heater, some units remodeled. Ideal for owner-occupied or investment property. Marketing Package available.

Last Agent to Sell the Property

Michael Shields

SiliconValley MultiFamilyGroup License #01327546 Listed on: 10/22/2012

Last Buyer's Agent

Sharon Phillips

Golden Gate Sotheby's International Realty License #00893765

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Lot Details

  • 6,970

Parking

  • Carport

Home Design

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

Interior Spaces

  • 3,684 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $79,200
  • The owner pays for garbage, services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Building Details

  • Gardener Expense $720
  • Insurance Expense $1,474
  • Maintenance Expense $3,080
  • Other Expense $1,472
  • Utility Expense $1,286
  • Trash Expense $1,360
  • Operating Expense $25,567
  • Gross Income $78,260

Additional Features

  • 3,684 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1967

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 301.30
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3684
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3684
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Area, Laminate, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas - Natural, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker, Storage Area(s)

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7260.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7260.00
  • Lot Size Area Min Search: 7260.00
  • Maximum Lot Size: 7260.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 14.56

Multi Family

  • Expense Insurance: 1474
  • Expense Landscape: 720
  • Expense Maintenance: 3080
  • Expenses Other: 1472
  • Expenses Total: 25567
  • Expenses Utility: 1286
  • Expense Trash: 1360
  • Expense Water Sewer: 2173
  • Income Annual Gross: 78260.00
  • Income Annual Rental: 79200
  • Income Gross Scheduled: 80680
  • Income Includes: Laundry, Lease
  • Income Laundry: 1480
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Laundry, Accounting/Legal, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2420
  • Vacancy Factor: 3
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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
12/24/2012 12/24/12 Sold $1,110,000 -5.5% $301 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $1,175,000 -- $319 / 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 $15,733 $1,366,877 $874,309 $492,568
2024 $15,733 $1,340,076 $857,166 $482,910
2023 $15,590 $1,313,801 $840,359 $473,442
2022 $15,344 $1,288,041 $823,882 $464,159
2021 $15,199 $1,262,786 $807,728 $455,058
2020 $15,008 $1,249,838 $799,446 $450,392
2019 $14,672 $1,225,332 $783,771 $441,561
2018 $14,380 $1,201,306 $768,403 $432,903
2017 $14,196 $1,177,752 $753,337 $424,415
2016 $13,649 $1,154,660 $738,566 $416,094
2015 $13,729 $1,137,317 $727,473 $409,844
2014 $13,457 $1,115,039 $713,223 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81238620

MLSListings

APN: 209-18-026

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