Address
1367-1371 S Wolfe RD Sunnyvale, CA
Price
$ 4,200,000
Property Attributes
  • MLS#ML81814825
  • TypeMulti-Family
  • CountySANTA CLARA
  • CitySunnyvale
  • AreaSunnyvale
  • Zip94087
  • Style
  • Price$ 4,200,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7190
  • Lot Size0.33 Acres
Listing Provided Courtesy Of:
Ismael Benhamida with Marcus & Millichap.
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.

Price History
10/9/2020 Listed $4,200,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • 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 $4.03M
$4.2M
Visits
AVG 2
2
Year Built
AVG 1960
1963
Walkscore
AVG 77
77
Data Provided by Walkscore ® not using MLS data

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