750 Calla Drive, Sunnyvale, CA 94086

$1,988,000
3,328
SqFt

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List Price
$1,988,000
Status
ACTIVE
MLS#
ML82048583
Year Built
1964
Living Sq. Ft
3,328
Lot Size
8,000
Acres
0.18
Days on Market
110
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Prime Sunnyvale fourplex in a highly desirable rental location. All four units are 2BR/1BA, approx. 832 SF each, with assigned covered parking. Strong in-place income with below-market rents and significant upside potential. Excellent location with easy access to Wolfe Rd, El Camino Real, and Sunnyvale Caltrain. Minutes to Downtown Sunnyvale, parks, library, and Apple Park. Close proximity to major tech employers including Apple, Google, LinkedIn, NVIDIA, Microsoft, and Amazon. Situated in a high-demand rental market with historically low vacancy. Just 1 block to Braly Elementary. Great opportunity for investors seeking stable income and long-term appreciation in the heart of Silicon Valley.No City of Sunnyvale local rent control ordinance is in effect. State AB 1482 allows annual rent increases of 5% plus the Bay Area Consumer Price Index (CPI), not to exceed 10% per year. Buyer to independently verify all applicable City of Sunnyvale and State of California rent control regulations, limitations, and requirements. The $8,410 under "Other" Annual Expenses is for Water/Sewer/Garbage combined. ****Please be respectful and do not disturb tenants****

Additional Information

Taxes
$23,095
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Other
Middle School
Marian A. Peterson
High School
Adrian Wilcox
Attached Structure
Detached
Gross Scheduled Income
$127,200

Listing courtesy of Listing Agent: Joel Calvillo (joel@thecalvillogroup.com) from Listing Office: KW Bay Area Estates.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.