Bought with Justin Bautista • NEWCC
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255 W Maude AVE Sunnyvale, CA 94085
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Key Details
Sold Price $4,350,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,134 sqft
Price per Sqft $609
MLS Listing ID ML81643381
Sold Date 09/22/17
Bedrooms 1
Full Baths 1
Half Baths 1
Year Built 1953
Lot Size 0.501 Acres
Property Sub-Type Five or More Units
Source MLSListings
Property Description
Laurel Manor is a 12-unit apartment complex located within 0.1 miles of large Apple and LinkedIn offices. New dual paned windows. New carport roof and exterior paint coming. Individual hot water heaters. Beautifully landscaped 1/2 acre lot. Section 1 Termite Clearance. No tuck under parking - (12) Carports and (4) Open stalls. Rents are significantly below market - TREMENDOUS upside potential! Market GRM: 13.66 and Market Cap Rate: 5.57%. Moments to vibrant downtown Sunnyvale, Sunnyvale CalTrain Station, Highway 101, Central Expressway, shopping & schools.
Location
State CA
County Santa Clara
Area Sunnyvale
Zoning R3
Interior
Heating Gas, Wall Furnace
Cooling None
Laundry Coin Operated, Washer / Dryer
Exterior
Parking Features Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Tar and Gravel
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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