1367 S Wolfe Rd, Sunnyvale, CA 94087

$2,100,000
3,595
SqFt
List Price
$2,100,000
MLS#
ML81814827
Zoning
R3
Sqft. of Residence
3,595
Lot Size
7,140
Listing Area
Sunnyvale

Property Description

Wonderful value-add Sunnyvale fourplex with top ranked Cupertino schools. The property has one large 3-bedroom/2-bath townhouse style owner's unit with vaulted ceiling, fireplace, and large private yard, two 2-bedroom/1.5-bath townhouse units with large private backyards, and one studio unit. Owned by the same family for over fifty years and rents are significantly below market providing the new owner with massive income and value upside (proforma CAP Rate: 5.53%). Less than one mile from Apple's headquarters in Cupertino. Additionally, it feeds into Louis E. Stocklmeir Elementary (2012 API: 974), Cupertino Middle (2012 API: 934), and Fremont High (2012 API: 767). The superb unit mix, significant income upside, excellent schools, and proximity to large Silicon Valley employers make 1367 South Wolfe Road a great opportunity for both the cash flow and appreciation minded investor. Offering memorandum available.

Additional Information

Foundation
Concrete Perimeter
Roof
Composition, Shingle
Water
Public
Sewer
Sewer - Public

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Ismael Benhamida.

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