522 S Fair Oaks AVE, Sunnyvale, CA 94086

$2,144,000
3,603
SqFt
Sold Price
$2,144,000
List Price
$2,250,000
Closing Date
Feb 18, 2022
MLS#
ML81873414
Status
SOLD
Zoning
R3
Sqft. of Residence
3,603
Lot Size
7,840
Listing Area
Sunnyvale

Property Description

*Due diligence information available upon request. 522 South Fair Oaks Avenue is a charming and well-located community situated in the city of Sunnyvale, California near thriving Downtown Sunnyvale. This apartment complex has been owned by the current ownership for over 20 years and the property is currently 25% vacant. Situated in central Sunnyvale near El Camino Real and Downtown Sunnyvale, 522 South Fair Oaks Avenue offers an investor a highly desirable unit-mix, a flexible rent controlled market, and a location that will benefit new investors with consistent cash flow and asset appreciation for many years to come. Additionally, this community has a net rentable square footage of 3,603 (per county records) and accommodates an attractive unit-mix of (1) three-bedroom/two-bath, (2) two-bedrooms/one-bath and (1) one-bedroom/one-bath units. 522 South Fair Oaks Avenue has schools located in the highly respected Fremont Unified School District in Sunnyvale.

Additional Information

Acres
0.18
Age
54
Cooling System
Window / Wall Unit
Foundation
Concrete Perimeter
Garage Parking
Carport
Heating System
Central Forced Air, Wall Furnace
Living Area
3,603
Lot Size
7,840
Neighborhood
Sunnyvale
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Special Features
Other
Total Number Of Units
4
Unincorporated Yn
Yes
Zoning
R3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jimmy Castellanos from Marcus & Millichap. 408-483-5040

Selling Office: M&MKW.

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