NOT LISTED FOR SALE
8 Beds
4 Baths
3,252 Sq Ft
5,942 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $2,335,000 $718 Per Sq Ft

143 Days on Market

About This Home

As of October 2021

This well maintained 4 units income property is located in the heart of Silicon Valley Sunnyvale, CA. Each unit 2 bedrooms 1 bath with 813 Sqft+-. All units new remodeled with updated kitchen, bathroom, and flooring a few years ago. This prime location is not only close to many of the largest technology companies including Intel, Google, Apple, LinkedIn, Amazon, Microsoft, and Yahoo, but also just over a mile from number of different shopping, dining and entertainment area. TFT. Bank to the Market. No fault of sellers. Offer subjects to cancellation. All units can be showed between 12:30pm to 1:30 pm on Monday 09/20 only. Please contact the listing agent for the showing.

Last Agent to Sell the Property

Jenny Huang

Coldwell Banker Realty License #01362454 Listed on: 04/30/2021

Coldwell Banker Realty

Last Buyer's Agent

Cindy Wang

BQ Realty License #02104795

BQ Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,942 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

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

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $129,060

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $880
  • Insurance Expense $1,527
  • Maintenance Expense $1,429
  • Manager Expense $6,346
  • Other Expense $1,621
  • Utility Expense $4,564
  • Trash Expense $4,013
  • Operating Expense $47,880
  • Gross Income $125,188

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

  • Living Sq Ft: 3252
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: On Street
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 257

Lot Info

  • Lot Acres: 0.1364
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5940.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5940.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 17.57
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1527
  • Expense Landscape: 880
  • Expense Maintenance: 1429
  • Expense Management: 6346
  • Expenses Other: 1621
  • Expenses Total: 47880
  • Expenses Utility: 4564
  • Expense Trash: 4013
  • Income Annual Gross: 125188.00
  • Income Annual Rental: 129060
  • Income Gross Scheduled: 129060
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • 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
10/27/2021 10/27/21 Sold $2,335,000 +3.0% $718 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $2,268,000 0.0% $697 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $2,268,000 -1.4% $697 / Sq Ft
06/15/2021 06/15/21 Price Changed $2,299,950 -1.2% $707 / Sq Ft
04/30/2021 04/30/21 For Sale $2,328,000 -- $716 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81841693

MLSListings

APN: 211-03-010