Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
N/A
Four Palms Apartments is an incredible sixteen unit property located in highly desirable and rapidly growing Sunnyvale, California. The property consists of four four-unit buildings with a swimming pool. There are seven one-bed/one-bath units, eight two-bed/one-bath units, and one three-bed/two-bath unit. The current owners of nearly 20 years have made significant capital improvements to the property including roofs, dual pane windows, plumbing, and renovation of many of the units with new appliances, kitchen counters, flooring, and bathrooms. The subject property is 4.6 miles from Apple's highly anticipated space ship campus in Cupertino. It feeds into Vargas Elementary School (766 API), Sunnyvale Middle School (866 API), and Homestead High School (874 API). The robust high tech job growth, shortage of housing units, rent growth, and proximity to large Silicon Valley employers make the Four Palms Apartments a great opportunity for both the cash flow and appreciation minded investor.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Paved
-
Lot Size(acres)
0.495
-
Property Type
Commercial Sale
Price
-
Sales Price
$6,928,000
-
Tax Amount
82487.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Other
-
Middle School
Sunnyvale
-
High School
Homestead
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Location
County
Santa Clara
Elementary School
Other
Middle School
Sunnyvale
High School
Homestead
Listing Courtesy of Ismael Benhamida , Marcus & Millichap
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