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Off market
  • $2,337,200

    1371 S Wolfe Rd, Sunnyvale, CA 94087

    --beds
    0baths
    3,595sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $2,337,200 Zestimate®
    $650/sqft
    $3,965 Estimated rent

    What's special

    Offers Due by 5:00PM on Thursday, October 22nd. Wonderful value-add Sunnyvale fourplex w/ top ranked Cupertino schools. The property has a superb unit mix that includes one large 3-bedroom/2-bath townhouse style owner's unit w/ vaulted ceiling, fireplace, & large private yard, two 2-bedroom/1.5-bath townhouse units w/ large private backyards, & one studio unit. The current owner & their family have owned the property for over fifty years & rents are significantly below market providing the new owner w/ significant income and value upside (proforma CAP Rate: 5.49%). Located less than 1 mile from Apple headquarters in Cupertino. Additionally, it feeds into Louis E. Stocklmeir Elementary (2012 API: 974), Cupertino Middle (2012 API: 934), & Fremont High (2012 API: 767). The superb unit mix, significant income upside, excellent schools, & proximity to Silicon Valley employers make it a great opportunity for both the cash flow & appreciation minded investor. Offering memorandum available.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric, Gas
    Cooling
    • None
    Appliances
    • Included: Dryer, Refrigerator, Washer
    • Laundry: Coin Operated, Washer / Dryer
    Features
    • Flooring: Tile, Carpet, Laminate
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,595 sqft

    Property

    Parking
    • Parking features: Carport
    Lot
    • Size: 7,139 sqft
    Details
    • Parcel number: 30910022

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1963

    Utilities & green energy

    • Utilities for property: Public Utilities, Individual Electric Meters, Individual Gas Meters

    Community & neighborhood

    Location
    • Region: Sunnyvale

    Other

    Other facts
    • Flooring: Tile, Carpet, Laminate
    • Garage Parking Features: Off-Street Parking, Uncovered Parking, Carport, Assigned Spaces, Covered Parking, Unassigned Spaces, Tandem Parking
    • Lot Size Area Maximum Units: Square Feet
    • Lot Size Area Minimum Units: Square Feet
    • Structure SqFt Source: Assessor
    • Listing Type: Exclusive Right to Sell
    • Heating: Fireplace, Electric
    • Water: Public
    • Subclass: Fourplex
    • Lot Description: Grade - Level
    • Roof: Shingle
    • Foundation: Concrete Perimeter
    • Amenities Misc.: Walk-in Closet, High Ceiling, Vaulted Ceiling
    • Utilities: Public Utilities, Individual Electric Meters, Individual Gas Meters
    • Kitchen: Countertop - Tile, Cooktop - Electric, Oven - Electric, Refrigerator
    • Laundry: Coin Operated, Washer / Dryer
    • Sewer Septic: Sewer - Public
    • Construction Type: Wood Frame
    • Additional Rooms: Storage
    • Cooling: Ceiling Fan
    • Additional Listing Info: Not Applicable
    • Listing Class: Residential Income (2-4 units)
    • Meters: Separate Electric, Separate Gas, Master Water
    • Unit 1 Number of Bedrooms: 3
    • Unit 2 Number of Bedrooms: 2
    • Unit 3 Number of Bedrooms: 2
    • Unit 2 Approx Square Footage: 1000
    • Unit 4 Number of Bedrooms: 0
    • Unit Type 1 Approx SqFt: 1200
    • Unit 3 Rent: 2500
    • Unit 4 Approx Square Footage: 400
    • Unit 4 Rent: 1595
    • Unit 2 Rent: 2495
    • Unit 3 Approx Square Footage: 1000
    • Unit 1 Rent: 3075
    Services availability
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    Estimated market value

    $2,337,200