Properties

Comm Ri Multi-units 5+ For Sale

7,190 Sqft - 1367-1371 Wolfe Road, SUNNYVALE, California 94087

QR Code
Property Description

Offers due by 5pm on Thursday, Oct 22nd. 1367 & 1371 S. Wolfe Rd. is a portfolio of 2 separate Sunnyvale 4plexes w/ top ranked Cupertino schools. Each property has one large 3-bed/2-bath townhouse style owner’s unit w/ vaulted ceiling, fireplace, & large private yard, two 2-bed/1.5-bath townhouse units w/ large private backyards, & one studio unit. Owned by the same family for 50+ years & rents are significantly below market providing the new owner w/ tremendous income & value upside (proforma CAP Rate: 5.55%). Less than 1 mile from Apple headquarters. Additionally, they feed into Louis E. Stocklmeir Elementary (2012 API: 974), Cupertino Middle (2012 API: 934), & Fremont High (2012 API: 767). The superb unit mix, income upside, excellent schools, & proximity to large Silicon Valley employers make 1367 & 1371 South Wolfe Road a great opportunity for both the cash flow and appreciation minded investor. Offering memorandum available. Each property is also available separately for $2.1M.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81814825
Price : $4,200,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7,190 Sqft
Year Built : 1963
Lot Area : 0.33 Sqft
Features
Heating System : Electric
Cooling System : Ceiling Fan(s)
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Clara
City : SUNNYVALE
Zipcode : 94087
Street : Wolfe Road
Street Number : 1367-1371
Floor Number : 0
Longitude : W123° 59' 7.4''
Latitude : N37° 20' 56.2''
MLS Addon
Office Name : Marcus & Millichap
Building Type : Other
Area : All Other Counties/States
Address : 1367-1371 S Wolfe Road
Cross Street : Elizabeth Way
Directions to Property : Eleanor Way
Address Direction : S
LA1User Code : MLL5062719
LA1Agent First Name : Ismael
LA1Agent Last Name : Benhamida
Status Category : Sold
Tot # Parking Spaces : 10
Tot # of Units : 0
Zoning : R3
List $/SqFt : $0
Age : 57
Apx Lot Sq Ft : 14,280 Sqft
Type of Building : Apt Complex
Annual Taxes : $49,207
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
FLOORING : Tile, Laminate
LOT DESCRIPTION : Level, Regular
ON-SITE PARKING DESC : Covered Parking, Spaces - Assigned, Tandem Parking
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Trash Removal, Water
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.21
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,200,000
Sold Price : $3,960,000
Previous Price : $0
Sale $/SqFt : $0
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81814825
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 7,190 Sqft
$4,200,000
Agent info
Contact Agent