NOT LISTED FOR SALE

664 Grand Fir Ave Sunnyvale, CA 94086

Ponderosa Park Neighborhood
8 Beds
5 Baths
3,252 Sq Ft
5,998 Sq Ft Lot

Last Sold March 02, 2022

Last sale price $2,390,000 $735 Per Sq Ft

18 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Vinyl Flooring
  • Sunnyvale Middle School Rated A-
  • Coin Laundry

About This Home

As of March 2022

Dont miss a great opportunity for an investment property in the heart of Silicon Valley. This four-plex is less than a 10 minute drive new Apple Park campus and boasts easy access to Wolfe Rd, Central Expwy, and El Camino Real. The property is also close to downtown Sunnyvale and the Sunnyvale CalTrain station. The building has three units with 2B/1B and one unit with 2B/2B configuration. Fall of 2021: Unit 4 remodeled after long time tenant moved out. New kitchen, new bathroom, new floors, and new interior paint. Spring of 2020: Unit 3 remodeled with a new kitchen, new bathroom, new floors and new interior paint. 2018: Units 1 & 2 remodeled w/ completely new bathrooms, new floors, and new interior paint. Composition roof installed in 2016. Carport roof done in 2018. The rear stairs were reinforced in spring 2020.

Last Agent to Sell the Property

Andrew Wang

Lexicon Homes License #02019901 Listed on: 01/12/2022

Last Buyer's Agent

Noemi Ruelas

Coldwell Banker Realty License #01819934

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,998 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Urethane Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,252 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Parking

  • 1 Parking Space
  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $117,480
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Insurance Expense $1,405
  • Maintenance Expense $1,500
  • Manager Expense $3,600
  • Utility Expense $3,600
  • Trash Expense $3,600
  • Operating Expense $37,354
  • Gross Income $114,392

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3252
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Countertop - Tile, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3252
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Polyurethane

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, On Street
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 257

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 20.33
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1405
  • Expense Maintenance: 1500
  • Expense Management: 3600
  • Expenses Total: 37354
  • Expenses Utility: 3600
  • Expense Trash: 3600
  • Income Annual Gross: 114392.00
  • Income Annual Rental: 117480
  • Income Gross Scheduled: 117930
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 450
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water
  • 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 List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $2,390,000 -0.3% $735 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $2,398,000 -3.7% $737 / Sq Ft
01/12/2022 01/12/22 For Sale $2,490,000 +30.4% $766 / Sq Ft
05/22/2018 05/22/18 Sold $1,910,000 +0.6% $587 / Sq Ft View Prior Sale
04/19/2018 04/19/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $1,899,000 -- $584 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Wang

    Seller's Agent in 2022

    Andrew Wang

    Lexicon Homes

    (408) 489-1245

    1 in this area

    12 Total Sales

    Andrew Wang
    Section Image
  • Noemi Ruelas

    Buyer's Agent in 2022

    Noemi Ruelas

    Coldwell Banker Realty

    (650) 906-0914

    2 in this area

    23 Total Sales

    Noemi Ruelas
    Section Image
  • Dennis Moreno

    Seller's Agent in 2018

    Dennis Moreno

    MGM Real Estate

    (408) 739-0808

    3 in this area

    66 Total Sales

    Dennis Moreno
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Laura Moreno Little

    MGM Real Estate

    (408) 623-8477

    3 in this area

    63 Total Sales

    Laura Moreno Little
    Section Image
  • Benjamin Wang

    Buyer's Agent in 2018

    Benjamin Wang

    Lexicon Homes

    (408) 489-1111

    1 in this area

    12 Total Sales

    Benjamin Wang
    Section Image
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Map

Source: MLSListings

MLS Number: ML81874165

MLSListings

APN: 211-03-011

California Santa Clara County Sunnyvale 94086 Ponderosa Park

664 Grand Fir Ave, Sunnyvale, CA

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