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32936974
32936972

750 CALLA DR, SUNNYVALE, CA 94086

JC
CA 01733780
KW Commercial South Bay
Listed by KW Commercial South Bay
$1,988,000
10 days on market
Updated 10 days ago

750 CALLA DR SUNNYVALE CA 94086

Details
APN 211-04-005
Property Type Multifamily
Sub Type Fourplex
Square Footage 3,328
Net Rentable (SqFt) 3,328
Units 4
Cap Rate 4.08%
NOI $81,140
Occupancy 100%
Pro-Forma Cap Rate 4.2%
Pro-Forma NOI $83,469
Price per SqFt $597
Class C
Year Built 1964
Buildings 1
Stories 2
Lot Size (SqFt) 8,000
Zoning R3

Sunnyvale Fourplex_Desirable Unit Mix_Desirable Location_No City Rent Control

Marketing 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 (9/10 GreatSchools.org). 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****

Investment highlights

  • Prime Sunnyvale fourplex
  • Highly desirable rental location
  • All units 2BR/1BA, approx. 832 SF each
  • Assigned covered parking
  • Strong in-place income
  • Below-market rents with significant upside potential
  • Easy access to Wolfe Rd, El Camino Real, and Sunnyvale Caltrain
  • 1 block to Braly Elementary (9/10 GreatSchools.org)
  • 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

Listing Contacts

JC
CA 01733780
KW Commercial South Bay
Listed by KW Commercial South Bay

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,140.00
$6,761.67/mo

Valuation Metrics

0
DSCR
4.08%
Cap Rate
4.08%
ROI

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Additional Information

Name
Joel Calvillo
License
01733780
Brokerage Phone
4088929158
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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