Cupertino, CA 95014,Address not disclosed

$4,000,000

$3,800,000

5.3%
Est.Price: ?

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Est. payment /mo

4,981 SqFt


SOLD DATE : 04/12/2018

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

Acres 0.2465

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

Garage Gated, Off Street, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Utilities Available Natural Gas Available

Roof Type Composition,Flat

Accessibility None

Parking Type Gated, Off Street, Uncovered

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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California Regional MLS (CRMLS)
Listed by Robert Moore • Losness Investment Real Estate Corp
Bought with Robert Moore • Losness Investment Real Estate Corp
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

 

Scott Greenspan 

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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