$2,200,000
SOLD MAY 7, 2020
8 Beds
4 Baths
3,334 Sq Ft
7,327 Sq Ft Lot

Recently Sold

$660 Per Sq Ft

10% Above List Price

18 Days on Market

Highlights

  • Laundry Room
  • Coin Laundry
  • 5-minute walk to Braly Park
  • Sunnyvale Middle School Rated A-

About This Home

As of May 2020

Quality 4-unit apartment building located in a desirable and central Sunnyvale neighborhood. All four units are 2 bedroom 1 bath and have spacious & desirable floor plans. Dual pane windows. Attractive, low maintenance grounds/landscaping. Recent improvements include: New railing at entry deck & stairs; new landscaping; new exterior paint & Apt. #1 completely renovated recently with new kitchen & bathroom cabinets, new stainless steel oven/stove, refrigerator, dishwasher & microhood, quartz counter tops, new Coretec plank flooring in kitchen, living room, hallway, bathroom & walk-in closet, new carpet and pad in bedrooms, new blinds & more. Resident storage lockers off carports. Owner storage shed.Easy access to Apple headquarters & other major employers, Downtown Sunnyvale, Sunnyvale Town Center, Sunnyvale Caltrain Station, Safeway, Target & Sprouts, Highway 280, 101 & El Camino Real. Garbage exp. included in utility expense.

Last Agent to Sell the Property

Keith Suddjian

Cornish & Carey Commercial License #00673961 Listed on: 03/13/2020

Co-Listed By

Michelle Clark

Cornish & Carey Commercial License #01918902

Last Buyer's Agent

Dedy Efendi

Action Properties License #01413868

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,327 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,334 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Disposal

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $115,860

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $2,651
  • Maintenance Expense $4,615
  • Other Expense $31
  • Utility Expense $8,916
  • Operating Expense $41,526
  • Gross Income $110,699

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3334
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3334
  • Stories: 2
  • Laundry: Coin Operated
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Uncovered Parking
  • Carport Min: 4

Utilities

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

Schools

  • School District: Fremont Union High
  • Elementary School: Ellis Elementary
  • Middle School: Sunnyvale Middle
  • High School: Fremont High
  • High School: 257
  • Elementary School: 205
  • Middle School: 210

Lot Info

  • Lot Acres: 0.1682
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7328.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7328.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.12
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2651
  • Expense Landscape: 1800
  • Expense Maintenance: 4615
  • Expenses Other: 31
  • Expenses Total: 41526
  • Expenses Utility: 8916
  • Income Annual Gross: 110699.00
  • Income Annual Rental: 115860
  • Income Gross Scheduled: 116525
  • Income Includes: Laundry
  • Income Other: 665
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 5

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Range of Values:

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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 Change Sq Ft Price
05/07/2020 05/07/20 Sold $2,200,000 +10.3% $660 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $1,995,000 +22.0% $598 / Sq Ft
03/18/2016 03/18/16 Sold $1,635,000 +14.5% $490 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $1,428,000 -- $428 / 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: ML81786826

MLSListings

APN: 211-08-026