$2,005,000
$2,100,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 12/11/2023
Key Details
Sold Price $2,005,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81940499
Sold Date 12/11/23
HOA Y/N No
Year Built 1954
Annual Tax Amount $25,545
Lot Size 0.387 Acres
Property Description
True add-value investment opportunity in excellent Sunnyvale neighborhood with award-winning Homestead High School. Rents are below market. Significant upside potential through rehab and repositioning. 2,838sf building situated on a large 16,871sf lot. Unit mix: (5) 1+1, (1) Studio. Apartments have favorable floorplans. 4 of 5 units have private backyards. Shared laundry machines on-site. Garages, carports and uncovered parking provide ample parking. Potential commercial redevelopment opportunity. Unique flag lot located on El Camino Real between S Mathilda Ave & S Mary Ave. This prime location offers easy access to Sunnyvale Town Center, City Hall, CalTrain, major freeways and expressway, and just about every Tech company in the valley.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning C2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 2
Roof Type Shingle,Tar/Gravel
Total Parking Spaces 9
Building
Water Public
Schools
School District Other
Others
Tax ID 16501031
Financing Seller Financing
Special Listing Condition Standard
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Bought with Kevin Chiao • Kevin Chiao, Broker