Listing Agent: Rick Smith      Broker/Office: Robert Smith, Broker
320 Angel Avenue Sunnyvale CA 94086
$ 2,398,000
  6   |    5   |    3774 Sq Feet

Listing ID

#ML82034260

Status

Active

Property Type

Single Family Residence

Property Style

Mediterranean

County

Santa Clara

Year Built

1956

Days on website

3

Description
Unbelievable opportunity for multi-unit investment or multigenerational living. Most versatile property to hit the market in decades prime downtown Sunnyvale location. 2 houses on 1 lot. Front house offers 3 rental setups: Main floor 2/1 w/kitchen, full bath, full-size laundry. Upper floor configurable as 2/2 w/kitchen, full laundry, separate side-door access. Finished basement as flex space w/kitchenette & full bath. Use elevator (ADA) for main-to-upper multi-gen flow. All units open to quiet central courtyard. Back house: 2/1 w/kitchen, living rm, full-size laundry +bonus rm, HUGE quiet backyard w/multiple fruit trees. Steps to Caltrain (3-min walk) & iconic Murphy Ave dining/shopping (5-min walk). Minutes from top Silicon Valley tech giants & Bay Area transit. Recent refreshes: interior/exterior paint, designer LED lighting, new hardware, mirrors, plumbing fixtures. At current Sunnyvale averages (~$3,000$3,500/mo overall; 1BR ~$2,900$3,200; 2BR ~$3,500$3,800), this can deliver ~4% CAP rate. Savvy investors: explore adding 2nd story to back house for more units/revenue. Live in 1 rent the rest or buy as family compound. Must-see to appreciate endless reconfiguration options for higher yield & equity. Each home: separate utilities & addresses (320/324) 4 parking spaces. Must see
Location
Financial Information
List Price:  $ 2398000
Property Features
Accessibility Features:  Parking
Appliances:  Dishwasher, Disposal, Freezer, Microwave, Refrigerator
Fencing:  Partial
Flooring:  Stone, Tile
High School District:  Other
Parking Features:  Carport, Guest
Roof:  Composition, Shingle
View:  Neighborhood
Water Source:  Public
High School District:  Other
MLS Area Major:  699 - Not Defined
City:  Sunnyvale
Listed By:   Rick Smith   Robert Smith, Broker 
CA Lic#