Sold
1367-1371 S Wolfe RD
SUNNYVALE CA, 94087
$3,960,000
$550.76 per sqft
Sold
7,190 sqft
Multi-family
Built in 1963
Listed by Marcus & Millichap, Ismael Benhamida, Listing Contact: 4083736195
Offers due by 5pm on Thursday, Oct 22nd. 1367 & 1371 S. Wolfe Rd. is a portfolio of 2 separate Sunnyvale 4plexes w/ top ranked Cupertino schools. Each property has one large 3-bed/2-bath townhouse style owner's unit w/ vaulted ceiling, fireplace, & large private yard, two 2-bed/1.5-bath townhouse units w/ large private backyards, & one studio unit. Owned by the same family for 50+ years & rents are significantly below market providing the new owner w/ tremendous income & value upside (proforma CAP Rate: 5.55%). Less than 1 mile from Apple headquarters. Additionally, they feed into Louis E. Stocklmeir Elementary (2012 API: 974), Cupertino Middle (2012 API: 934), & Fremont High (2012 API: 767). The superb unit mix, income upside, excellent schools, & proximity to large Silicon Valley employers make 1367 & 1371 South Wolfe Road a great opportunity for both the cash flow and appreciation minded investor. Offering memorandum available. Each property is also available separately for $2.1M.
ML81814825
MLSⓇ ID
March 9, 2024
Updated
Map
1367-1371 S Wolfe RD
SUNNYVALE CA, 94087
Interior Features
Interior Features
Pantry
Appliances
Cooktop, Refrigerator, Oven, Washer
Floor Description
Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.33 Acres
Lot Features
Level
Roof
Composition, Shingle
Sewer
Public Sewer
School Information
School District
455
High School
Fremont High
Elementary School
Louis E. Stocklmeir Elementary
Other Property Details
Area Name
Sunnyvale
Garage
No
Parking
Off Street
Parking Total
10
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
R3
Listed by Marcus & Millichap, Ismael Benhamida,
Listing Contact: 4083736195
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Data last updated 9:53 PM UTC, 3/9/2024