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Address not disclosed Cupertino, CA 95014
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Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,981 sqft
Price per Sqft $803
MLS Listing ID ML81693797
Sold Date 04/12/18
HOA Y/N No
Year Built 1963
Annual Tax Amount $47,578
Lot Size 10,737 Sqft
Property Description
Huge 4,981 SqFt luxury 4-plex earning $179,400/year gross income! These gorgeous two 3BR/2.5BA and two 2-BR/1.5 BA townhouse units have private yards and garages and are FULLY RENTED. All 4 units were given high-quality, luxury upgrades within the last 24 months, with high-end appliances, quartz counter tops, luxury vinyl plank & tile throughout, LED lighting, all done with permits. The copper plumbing and brand new electrical panels promise low-low maintenance costs. The recirculating hot water and shiny new central heating & A/C units make your tenants happy! Microwave, washer/dryer, dishwasher, and garbage disposal in EVERY unit. Walking distance to Apple's new campus! Walking distance to top Cupertino schools, Sedgwick Elementary, Hyde Middle, and Cupertino High. Walking distance to Vallco Mall and Downtown Cupertino's cafes, restaurants, and cinemas. No wonder the property is generating a 3.02% CAP rate on a 21 GRM with room to raise rents as Apple staffs up it's new campus.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3H
Interior
Heating Fireplace(s)
Cooling Central Air
Flooring Tile
Fireplace No
Appliance Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan
Exterior
Parking Features Gated, Off Street, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Utilities Available Natural Gas Available
Roof Type Composition,Flat
Accessibility None
Total Parking Spaces 2
Building
Story 2
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Cupertino
School District Other
Others
Tax ID 37501007
Financing Conventional
Special Listing Condition Standard
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Bought with Robert Moore • Losness Investment Real Estate Corp