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    1367-1371 S Wolfe Road

    Sunnyvale, CA 94087
    • $4,200,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: ML81814825
    UPDATED: 29 min ago
    $4,200,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    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.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-29T11:39:30.393.

    www.lucasgphomes.com/homes/110844714
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    1367-1371 S Wolfe Road Sunnyvale, CA 94087

    • Price: $4,200,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: ML81814825
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    1963
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    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.
    Exterior Features

    Lot Description LevelRegular Parking Description Covered ParkingSpaces - AssignedTandem Parking Parking Spaces Total 10 Roof Composition Shingles

    Interior Features

    All Units Have Refrigerator Apx Sq Ft Unit1 1200 Apx Sq Ft Unit2 1000 Apx Sq Ft Unit3 400 Bedrooms Unit1 3 Bedrooms Unit2 2 Bedrooms Unit3 0 Cooling Ceiling Fan(S) Flooring LaminateTile Heating Electric Laundry Coin Operated

    Property Features

    Annual Gross Sched Income 218646 Annual Taxes 49207 Annual Utility Expense 11879 Building Type Other City Transfer Tax No Hoa YN No Net Operating Income 134650 Operating Expenses ElectricGasInsuranceMaintenance/RepairTrash RemovalWater Rent Unit1 2310 Rent Unit2 2365 Rent Unit3 1161 Tenant Pays ElectricGas Tot Bldg Sq Ft 7190 Water Sewer Sewer System - PublicWater - Public Zoning R3

    Listing courtesy of Ismael Benhamida of Marcus & Millichap.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-29T11:39:30.393.

     
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