665 Olive Ave, Sunnyvale, CA 94086
4 Unit Apartment Building | $2,350,000 ($587,500/Unit) | 3.76% Cap Rate | Sunnyvale, CA 94086
For Sale
Active
Asking Price $2,350,000
- Property Type
-
Multifamily
- Square Feet
- 3,684 SF
Listing Contacts
Property Overview
We are pleased to present the opportunity to acquire 665 E Olive Ave, a remarkable property located in Sunnyvale. This investment features 4 units, offering a great opportunity to owner-occupy 1 unit and rent out the 3 units behind, maximizing both personal and rental income potential.
The unit mix consists of 2 three-bedroom/two-bathroom units, 1 two-bedroom/one-bathroom unit, and 1 one-bedroom/one-bathroom unit. The property spans a generous 3,684 square feet on an 8,030 square foot lot and was built in 1967. Recent capital expenditures include a complete copper repipe, remodeling of all units with new bathrooms, and 3 out of 4 units featuring new kitchens.
The location is another standout feature, being less than 1 mile from downtown Sunnyvale. This property is conveniently situated near major tech employers including NVIDIA, AMD, and Apple. Finally, it offers easy access to Lawrence Expressway, as well as Highways 82, 237, and 101.
The unit mix consists of 2 three-bedroom/two-bathroom units, 1 two-bedroom/one-bathroom unit, and 1 one-bedroom/one-bathroom unit. The property spans a generous 3,684 square feet on an 8,030 square foot lot and was built in 1967. Recent capital expenditures include a complete copper repipe, remodeling of all units with new bathrooms, and 3 out of 4 units featuring new kitchens.
The location is another standout feature, being less than 1 mile from downtown Sunnyvale. This property is conveniently situated near major tech employers including NVIDIA, AMD, and Apple. Finally, it offers easy access to Lawrence Expressway, as well as Highways 82, 237, and 101.
Property Details
- Class
- C
- Year Built
- 1967
- Stories
- 2
- Lot Size (sq. ft)
- 7,841 SF
- Units
- 4
Highlights
- Excellent investment opportunity in a prime location near Downtown Sunnyvale
- Ideal for owner-occupancy with rental potential for 3 units
- Desirable unit mix: 2 three-bedroom/two-bathroom, 1 two-bedroom/one-bathroom, 1 one-bedroom/one-bathroom
- Extensive upgrades include complete copper repipe, remodeled bathrooms in all units, and more
- Near major tech employers like NVIDIA, AMD, and Apple
- Easy access to Lawrence Expressway, as well as Highways 82, 237, and 101
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].