NOT LISTED FOR SALE

879 Miller Ave Cupertino, CA 95014

Downtown Cupertino Neighborhood
4 Beds
2 Baths
1,869 Sq Ft
6,996 Sq Ft Lot

Last Sold June 12, 2018

Last sale price $2,001,010 $1,071 Per Sq Ft

10 Days on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Fenced
  • C. B. Eaton Elementary School Rated A
  • Tandem Parking
  • Back Yard

About This Home

As of June 2018

Fully renovated duplex located in the heart of Cupertino near Apple Park and Vallco Mall. Two large 2-Bed/1-Bath units with large private backyards. Each unit has separate laundry, a one-car garage, and a tandem parking space in the driveway. Current ownership has made significant capital improvements to the property in the last five years including new copper piping and dual pane windows throughout. Both units have been fully remodeled and improvements include upgraded kitchen appliances, dishwashers, cabinets, granite counter-tops, plank flooring, doors, air conditioners, paint, interior lighting, and a new garage door. Feeds into top Cupertino schools: Eaton Elementary (967 API), Sam H. Lawson Middle (980 API), and Cupertino High (900 API). The elite public schools, proximity to large high tech employers, robust high tech job growth, and shortage of housing units make 879 Miller Avenue a great opportunity for both the cash flow and appreciation minded investor.

Last Agent to Sell the Property

Ismael Benhamida

Marcus & Millichap License #01722847 Listed on: 04/16/2018

Marcus & Millichap

Last Buyer's Agent

Michael Devlin

Keller Williams Thrive License #00928162

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,996 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,869 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $68,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $741
  • Maintenance Expense $1,000
  • Other Expense $1,460
  • Utility Expense $915
  • Trash Expense $709
  • Operating Expense $27,239
  • Gross Income $68,624

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1869
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 1869
  • Stories: 1
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage, Off-Street Parking, Tandem Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 256

Lot Info

  • Lot Acres: 0.1606
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6995.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6995.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 26.96
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 741
  • Expense Maintenance: 1000
  • Expenses Other: 1460
  • Expenses Total: 27239
  • Expenses Utility: 915
  • Expense Trash: 709
  • Income Annual Gross: 68624.00
  • Income Annual Rental: 68400
  • Income Gross Scheduled: 70024
  • Income Includes: Rents
  • Income Other: 1624
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • 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 List to Sale Price per Sq Ft
06/12/2018 06/12/18 Sold $2,001,010 +6.0% $1,071 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $1,888,000 -- $1,010 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2018

    Ismael Benhamida

    Marcus & Millichap

    Section Image

  • M

    Buyer's Agent in 2018

    Michael Devlin

    Keller Williams Thrive

    Section Image
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Map

Source: MLSListings

MLS Number: ML81700885

MLSListings

APN: 369-19-042

California Santa Clara County Cupertino 95014 Downtown Cupertino

879 Miller Ave, Cupertino, CA

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