$2,100,000
$2,350,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
3,684 SqFt
SOLD DATE : 11/01/2024
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,684 sqft
Price per Sqft $570
MLS Listing ID ML81975082
Sold Date 11/01/24
HOA Y/N No
Year Built 1967
Annual Tax Amount $27,567
Lot Size 7,840 Sqft
Property Description
We are pleased to present the opportunity to acquire 665 E Olive Ave, a remarkable property located in Sunnyvale. This investment features 4 units, offering a great opportunity to owner-occupy 1 unit and rent out the 3 units behind, maximizing both personal and rental income potential. The unit mix consists of 2 three-bedroom/two-bathroom units, 1 two-bedroom/one-bathroom unit, and 1 one-bedroom/one-bathroom unit. The property spans a generous 3,684 square feet on an 8,030 square foot lot and was built in 1967. Recent capital expenditures include a complete copper repipe, remodeling of all units with new bathrooms, and 3 out of 4 units featuring new kitchens. The location is another standout feature, being less than 1 mile from downtown Sunnyvale. This property is conveniently situated near major tech employers including NVIDIA, AMD, and Apple. Finally, it offers easy access to Lawrence Expressway, as well as Highways 82, 237, and 101.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Carport, Uncovered
Carport Spaces 4
View Y/N No
Roof Type Composition,Shingle
Accessibility Parking
Parking Type Carport, Uncovered
Total Parking Spaces 1
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 20918025
Financing Conventional
Special Listing Condition Standard
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Bought with Will Riley • Magnify Real Estate
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Broker Associate | Lic# 01905244