Address
1371 S Wolfe RD Sunnyvale, CA
Price
$ 2,100,000
Property Attributes
  • MLS#ML81814828
  • TypePending
  • CountySANTA CLARA
  • CitySunnyvale
  • AreaSunnyvale
  • Zip94087
  • Style
  • Price$ 2,100,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3595
  • Lot Size7,139 SqFt
Listing Provided Courtesy Of:
Ismael Benhamida with Marcus & Millichap.
Property Description

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.

Price History
10/9/2020 Listed $2,100,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94087

Price
AVG $1.92M
$2.1M
Visits
AVG 4
10
Year Built
AVG 1968
1963
Walkscore
AVG 65
77
Data Provided by Walkscore ® not using MLS data