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686 Reseda Drive

Sunnyvale, CA 94087
  • $2,250,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: ML81887157
UPDATED: 55 min ago
$2,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Bryan Danforth of Newmark Cornish & Carey (408-727-9600)


Description

Large triplex in a great Silicon Valley Sunnyvale location offers an excellent investment or owner-user opportunity. Two 3-bed 1.5-bath townhouses + one 1-bed 1-bath apartment. Each unit has its own laundry hookups and tuck-under parking space with extra storage. Potential to add an ADU for significant increase in rental income according to new laws AB68, AB881, and SB13. Well maintained property with long term tenants and potential to increase income through renovation. Located in the heart of Silicon Valley, Surrounded by major tech companies and good jobs. Only 2 blocks away from Las Palmas Park with tennis + pickleball courts, dog park, softball field, pond, and playgrounds. Only 2 blocks the other way from Cumberland Elementary School with basketball courts, tetherball, sports field, playgrounds, and multiple jungle gyms. On a nice quiet dead-end cul-de-sac, but still an easy walk from all the shopping, dining, and amenities on El Camino Real

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127858767
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686 Reseda Drive Sunnyvale, CA 94087

  • Price: $2,250,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 55 min ago
  • ID#: ML81887157
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Property Description
Large triplex in a great Silicon Valley Sunnyvale location offers an excellent investment or owner-user opportunity. Two 3-bed 1.5-bath townhouses + one 1-bed 1-bath apartment. Each unit has its own laundry hookups and tuck-under parking space with extra storage. Potential to add an ADU for significant increase in rental income according to new laws AB68, AB881, and SB13. Well maintained property with long term tenants and potential to increase income through renovation. Located in the heart of Silicon Valley, Surrounded by major tech companies and good jobs. Only 2 blocks away from Las Palmas Park with tennis + pickleball courts, dog park, softball field, pond, and playgrounds. Only 2 blocks the other way from Cumberland Elementary School with basketball courts, tetherball, sports field, playgrounds, and multiple jungle gyms. On a nice quiet dead-end cul-de-sac, but still an easy walk from all the shopping, dining, and amenities on El Camino Real
Exterior Features

Carport Spaces 3 Carport YN Yes Foundation Details Concrete PerimeterSlab Lot Features Back Yard Parking Features Attached CarportCarport Parking Total 3 Roof Composition

Interior Features

Accessibility Features None Cooling None Cooling YN No Heating ElectricFloor Furnace Heating YN Yes

Property Features

Cap Rate 1.68 Garage YN No Gross Scheduled Income 78288 Insurance Expense 1621 Listing Agreement Seller Reserved Maintenance Expense 2250 Special Listing Conditions Standard Trash Expense 0 Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Bryan Danforth of Newmark Cornish & Carey (408-727-9600)