$1,635,000
SOLD MAR 18, 2016
8 Beds
4 Baths
3,334 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$490 Per Sq Ft

14% Above List Price

9 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Tile Flooring
  • Sunnyvale Middle School Rated A-
  • Shed
  • 5-minute walk to Braly Park

About This Home

As of May 2020

Only 4-plex available in Sunnyvale! Great investment property on good size corner lot with upside income potential; long-term tenants (10-15 yrs) are on month-to-month lease with below market rents. 2 units have updated kitchens & baths; dual-pane windows, fresh exterior paint, new sewer line, security cameras on-site. Each unit has 1 assigned covered parking and 1 additional carport. Close proximity to major employers (see map on last pic), freeway access, and public transport. Make offer subject to inspection. Please do not disturb tenants or owner. Offer being reviewed, no more offer at this point, thank you very much.

Last Agent to Sell the Property

Wendy Chung

Wendy Chung Realty License #01349124 Listed on: 02/26/2016

Last Buyer's Agent

Keith Suddjian

Cornish & Carey Commercial License #00673961

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,492 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,334 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Laminate
  • Tile
  • Vinyl

Home Security

  • Security Lights
  • Monitored

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Off-Street Parking
  • Assigned Parking

Additional Features

  • Shed
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $73,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Insurance Expense $2,200
  • Maintenance Expense $1,000
  • Utility Expense $3,840
  • Trash Expense $2,400
  • Operating Expense $27,290
  • Gross Income $75,000

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3334
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3334
  • Stories: 2
  • Security: Security Lights, Video / Audio System
  • Laundry: Coin Operated
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Covered Parking, Off-Street Parking
  • Carport Min: 4

Utilities

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

Schools

  • School District: Fremont Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7479.25
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7479.25

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.04
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2200
  • Expense Maintenance: 1000
  • Expenses Total: 27290
  • Expenses Utility: 3840
  • Expense Trash: 2400
  • Income Annual Gross: 75000.00
  • Income Annual Rental: 73800
  • Income Gross Scheduled: 75000
  • Income Includes: Laundry
  • Income Other: 1200
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Laundry, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Similar Homes in Sunnyvale, CA

  • 750 Calla Dr, Sunnyvale, CA 94086

    $1,990,000

    • 8 Beds
    • 4 Baths
    • 3,328 Sq Ft
    • 750 Calla Dr
    • Sunnyvale, CA

    Unit 2 is remodeled. Please do not disturb tenants. Offer subject to inspection only! Great investing opportunity in a fourplex located in the heart of Sunnyvale. Easy access to Wolfe Rd, EL Camino Real, and Sunnyvale Caltrain station. All four units are 2BR/1BA with the living apace around 832 sqft and rented for $2500/month. Minutes to Downtown Sunnyvale, Caltrains, Parks, Library, Costco, and

    Vicky li Coldwell Banker Realty

    Section Image
  • 470 Marshall Ave, Sunnyvale, CA 94086

    $1,700,000

    • 6 Beds
    • 3 Baths
    • 2,054 Sq Ft
    • 470 Marshall Ave
    • Sunnyvale, CA

    Discover a rare investment opportunity in one of Silicon Valleys most desirable locations. This triplex offers three 2BR/1BA units all with private in unit washer and dryer. Unit's 2 and 3 have remodeled bathrooms, and laminate flooring. All units are tenant occupied for immediate rental income. Minutes from Downtown Sunnyvale, Caltrain, Apple, Google, and other major tech campuses. Enjoy the

    Laura Moreno Little MGM Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81562498

MLSListings

APN: 211-08-026