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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kiersten Ligeti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Kiersten Ligeti are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 9:53 PM UTC, 3/9/2024

 

 

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