NOT LISTED FOR SALE

878 E Evelyn Ave Sunnyvale, CA 94086

Ponderosa Park Neighborhood
5 Beds
4 Baths
2,221 Sq Ft
8,002 Sq Ft Lot

Last Sold August 11, 2022

Last sale price $2,015,000 $907 Per Sq Ft

17 Days on Market

Highlights

  • Granite Countertops
  • 4 Car Attached Garage
  • Ceiling Fan
  • Braly Elementary School Rated A
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of August 2022

Gorgeous hard-to-find duplex, it is a great location for Silicon Valley workers. Buy One Home & Get One Free" (Live in the 3 Bedroom, 2 Bathroom and Rent Out the 2 Bedroom 2 Bathroom). Unit 878 has 3BR/2BA, the living area is around1,300 sqft, and unit 880 has 2BR/2BA with the living apace around 920 sqft. All New paint throughout interior of both units. Beautifully remodeled for the kitchens, bathrooms, and floors. Cozy backyards for BBQ and relaxation. Fruit trees in #878. Full sized attached 2-car garage for each unit. Almost like a 2 single family attached homes. Ideal for owner-occupied and renting out 1 unit, or for 2 families, or for investment opportunity. In the past, the unit 880 rented for $3200/month, and unit 878 rented for $3850/month. Minutes to Downtown Sunnyvale, Caltrans, Parks, Library, Farmer's Market, Costco, and Sunnyvale's "Central & Wolfe" Apple Campus! Move-In Ready Duplex! Buyers to corporate seller's 1031 Exchange at no costs to buyers

Last Agent to Sell the Property

Lina Zhou

Coldwell Banker Realty License #01771555 Listed on: 06/23/2022

Coldwell Banker Realty

Last Buyer's Agent

Ken Vasan

Legacy Real Estate & Associates License #01509383

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 8,002 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,221 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Range Hood
  • Granite Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $84,600

Community Details

Overview

  • 2,221 Sq Ft Building

Building Details

  • Gardener Expense $840
  • Insurance Expense $1,800
  • Maintenance Expense $800
  • Manager Expense $6,768
  • Operating Expense $30,620
  • Gross Income $83,754

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2221
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Granite, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2221
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8002.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8002.00

Rental Info

  • Gross Rent Multiplier: 23.63

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 840
  • Expense Maintenance: 800
  • Expense Management: 6768
  • Expenses Total: 30620
  • Income Annual Gross: 83754.00
  • Income Annual Rental: 84600
  • Income Gross Scheduled: 84600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Range of Values:

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List Price
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
08/11/2022 08/11/22 Sold $2,015,000 +0.8% $907 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $1,999,000 +27.3% $900 / Sq Ft
08/10/2016 08/10/16 Sold $1,570,000 +4.7% $707 / Sq Ft View Prior Sale
06/30/2016 06/30/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $1,499,888 -- $675 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lina Zhou

    Seller's Agent in 2022

    Lina Zhou

    Coldwell Banker Realty

    (408) 817-0488

    3 in this area

    48 Total Sales

    Lina Zhou
    Section Image
  • Ken Vasan

    Buyer's Agent in 2022

    Ken Vasan

    Legacy Real Estate & Associates

    (510) 304-6122

    2 in this area

    67 Total Sales

    Ken Vasan
    Section Image

  • R

    Seller's Agent in 2016

    Rex Tsou

    Max Wealth Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81897503

MLSListings

APN: 213-03-004

California Santa Clara County Sunnyvale 94086 Ponderosa Park

878 E Evelyn Ave, Sunnyvale, CA

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