NOT LISTED FOR SALE

852 Blair Ave Sunnyvale, CA 94087

5 Beds
4 Baths
3,068 Sq Ft
5,767 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $2,200,000 $717 Per Sq Ft

58 Days on Market

Highlights

  • Ceiling Fan
  • Cumberland Elementary School Rated A-
  • Coin Laundry

About This Home

As of February 2020

Rarely available 5-plex in outstanding Sunnyvale location. Exceptional investment opportunity. First time on the market in over 45 years. Excellent location near a multitude of high-tech companies, dining and shopping. Easy access to CalTrain, light rail and 280/85/101. Walk to Historic Murphy Street in downtown Sunnyvale and the new CityLine Sunnyvale with Whole Foods and AMC theatre opening in mid-2020. Walk to public transportation, multiple retail shopping areas and beautiful parks. Outstanding Sunnyvale schools including Cumberland Elementary (easy walk), Sunnyvale Middle and Homestead High. All units have recently under gone renovation that include double-paned windows and much more. 5th unit is a studio rented for $1,795/month.

Last Agent to Sell the Property

Barbara Telesco-Curley

Golden Gate Sotheby's International Realty License #01837664 Listed on: 11/12/2019

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Vicky li

Compass License #01896360

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 5,767

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Cooktop

Parking

  • 4 Carport Spaces
  • On-Street Parking

Additional Features

  • 5,767 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $125,220
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 5 Leased Units
  • Gardener Expense $600
  • Insurance Expense $3,228
  • Maintenance Expense $2,520
  • Manager Expense $13,256
  • Other Expense $5,964
  • Utility Expense $1,956
  • Operating Expense $29,159
  • Gross Income $123,068

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3068
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Cooktop - Electric
  • Living Sq Ft: 3068
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High
  • Elementary School: Cumberland Elementary
  • High School: Homestead High
  • High School: 258
  • Elementary School: 204

Lot Info

  • Lot Acres: 0.1324
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5767.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5767.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.28
  • Number Of Leased: 5

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3228
  • Expense Landscape: 600
  • Expense Maintenance: 2520
  • Expense Management: 13256
  • Expenses Other: 5964
  • Expenses Total: 29159
  • Expenses Utility: 1956
  • Income Annual Gross: 123068.00
  • Income Annual Rental: 125220
  • Income Gross Scheduled: 125580
  • Income Includes: Laundry
  • Income Other: 360
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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
02/28/2020 02/28/20 Sold $2,200,000 -4.1% $717 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/02/2020 01/02/20 Price Changed $2,295,000 -4.2% $748 / Sq Ft
11/12/2019 11/12/19 For Sale $2,395,000 -- $781 / 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: ML81775243

MLSListings

APN: 201-21-019