NOT LISTED FOR SALE

987 Ponderosa Ave Unit D Sunnyvale, CA 94086

Ponderosa Park Neighborhood
8 Beds
-- Bath
3,792 Sq Ft
8,712 Sq Ft Lot

Last Sold January 29, 2014

Last sale price $1,450,000 $382 Per Sq Ft

14 Days on Market

Highlights

  • Deck
  • Community Pool
  • Laundry Facilities
  • Braly Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of January 2014

Fourplex in excellent Sunnyvale location. All units 2 bdrm 1 bath 948sf plus 1 car garages for each unit. Community pool. Rents are below market. All tenants month to month. RentMethod rent survey indicates market rent $1900 to $2000, which results in gross annual projected income of $90,000 to $95,000. Listing agent does not warrant accuracy of RentMethod's rent estimate.

Last Agent to Sell the Property

Arn Cenedella

Coldwell Banker Realty License #00633917 Listed on: 01/06/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,712

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 3,792 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Deck
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $58,080
  • The owner pays for garbage, services - gardener/landscaping, hot water, pool service, water

Community Details

Recreation

  • Community Pool

Building Details

  • Gardener Expense $3,504
  • Insurance Expense $1,150
  • Maintenance Expense $5,676
  • Manager Expense $3,484
  • Other Expense $6,500
  • Operating Expense $34,644
  • Gross Income $55,525

Additional Features

  • 3,792 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 51
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 382.38
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3792
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3792
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Community Pool

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9042.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9042.00
  • Lot Size Area Min Search: 9042.00
  • Maximum Lot Size: 9042.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.87

Multi Family

  • Expense Insurance: 1150
  • Expense Landscape: 3504
  • Expense Maintenance: 5676
  • Expense Management: 3484
  • Expenses Other: 6500
  • Expenses Total: 34644
  • Expense Water Sewer: 5949
  • Income Annual Gross: 55525.00
  • Income Annual Rental: 58080
  • Income Gross Scheduled: 58447
  • Income Includes: Laundry, Lease
  • Income Laundry: 367
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Maintenance - Pool/Spa, Utilities - Water, Utilities - Gas, Insurance, Fee - License/Advertising, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Fee - Association, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Pool Service, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2922
  • Vacancy Factor: 5

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
01/29/2014 01/29/14 Sold $1,450,000 +3.9% $382 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $1,395,000 -- $368 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Arn Cenedella

    Coldwell Banker Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81400362

MLSListings

APN: 213-26-003

California Santa Clara County Sunnyvale 94086 Ponderosa Park

987 Ponderosa Ave Unit D, Sunnyvale, CA

This home is located at 987 Ponderosa Ave Unit D, Sunnyvale, CA 94086 since 06 January 2014. This property was built in 1963. 987 Ponderosa Ave Unit D is a home located in Santa Clara County with nearby schools including Braly Elementary School, Marian A. Peterson Middle School, and Adrian Wilcox High School.

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