$2,144,000
$2,250,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
3,603 SqFt
SOLD DATE : 02/18/2022
Key Details
Sold Price $2,144,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,603 sqft
Price per Sqft $595
MLS Listing ID ML81873414
Sold Date 02/18/22
HOA Y/N No
Year Built 1968
Annual Tax Amount $26,466
Lot Size 7,840 Sqft
Property Sub-Type Quadruplex
Property Description
*Due diligence information available upon request. 522 South Fair Oaks Avenue is a charming and well-located community situated in the city of Sunnyvale, California near thriving Downtown Sunnyvale. This apartment complex has been owned by the current ownership for over 20 years and the property is currently 25% vacant. Situated in central Sunnyvale near El Camino Real and Downtown Sunnyvale, 522 South Fair Oaks Avenue offers an investor a highly desirable unit-mix, a flexible rent controlled market, and a location that will benefit new investors with consistent cash flow and asset appreciation for many years to come. Additionally, this community has a net rentable square footage of 3,603 (per county records) and accommodates an attractive unit-mix of (1) three-bedroom/two-bath, (2) two-bedrooms/one-bath and (1) one-bedroom/one-bath units. 522 South Fair Oaks Avenue has schools located in the highly respected Fremont Unified School District in Sunnyvale.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Central, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Carport
Carport Spaces 4
Roof Type Composition
Accessibility Other
Total Parking Spaces 2
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Sunnyvale
High Schools Fremont
School District Other
Others
Tax ID 20919026
Financing Conventional
Special Listing Condition Standard
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Bought with Jimmy Castellanos Marcus & Millichap
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