Cupertino, CA 95014,Address not disclosed

$4,200,000

$3,998,000

5.1%
Est.Price: ?

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Est. payment /mo

5,437 SqFt


SOLD DATE : 05/24/2018

Key Details

Sold Price $4,200,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,437 sqft

Price per Sqft $772

MLS Listing ID ML81693334

Sold Date 05/24/18

HOA Y/N No

Year Built 1963

Annual Tax Amount $49,929

Lot Size 0.361 Acres

Property Description

Massive Cupertino fourplex located walking distance to Apple Park, Cupertino High, Bay Club, and Vallco Mall. Current scheduled rent of $17,375/month. CAP Rate: 3.42% Current, 4.07% Proforma. GRM: 19.18 Current, 17.56 Proforma. 5,437 SqFt building, 15,720 SqFt lot, and swimming pool. Exceptional unit mix: one 4BR/2BR flat with atrium, and one 3BR/2.5BA and two 2BR/1.5BA townhouses. There is a bonus fifth unit consisting of a large 1BR/1BA cottage which is rented for $1,995. The 3BR/2.5BA and one 2BR/1.5BA are currently vacant and can be rented at market rate. All units have been completely renovated with high end finishes. Improvements include kitchen appliances, dishwashers, cabinets, counter-tops, plank flooring, dual pane windows, doors, interior and exterior paint, and lighting. The two, three, and four bedroom units have large private backyards and central heating and most have in-unit washer and dryer. D.J. Sedgwick Elementary, Warren E. Hyde Middle, and Cupertino High.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3H

Interior

Interior Features Atrium

Flooring Laminate, Tile

Fireplace No

Appliance Dishwasher, Electric Cooktop, Freezer, Refrigerator

Exterior

Parking Features Covered, Carport, Off Street, Uncovered

Garage Spaces 1.0

Carport Spaces 5

Garage Description 1.0

Pool Community, Fenced, In Ground

Community Features Pool

Roof Type Shingle

Accessibility None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Cupertino

School District Other

Others

Tax ID 37501006

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ismael Benhamida • Marcus & Millichap
Bought with Agnes Yu • Bayreal Properties
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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