Sunnyvale, CA 94086,Address not disclosed

$2,144,000

$2,250,000

4.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

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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CRMLS – RECore
Listed by Jimmy Castellanos Marcus & Millichap
Bought with Jimmy Castellanos Marcus & Millichap

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Kris Rainwaters
Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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