ResidentialIncome — 750 Calla Drive, Sunnyvale, CA
$1,988,000
750 Calla Drive, Sunnyvale, CA
About this property
Prime Sunnyvale fourplex in a highly desirable rental location. All four units are 2BR/1BA, approx. 832 SF each, with assigned covered parking. Strong in-place income with below-market rents and significant upside potential. Excellent location with easy access to Wolfe Rd, El Camino Real, and Sunnyvale Caltrain. Minutes to Downtown Sunnyvale, parks, library, and Apple Park. Close proximity to major tech employers including Apple, Google, LinkedIn, NVIDIA, Microsoft, and Amazon. Situated in a high-demand rental market with historically low vacancy. Just 1 block to Braly Elementary. Great opportunity for investors seeking stable income and long-term appreciation in the heart of Silicon Valley.No City of Sunnyvale local rent control ordinance is in effect. State AB 1482 allows annual rent increases of 5% plus the Bay Area Consumer Price Index (CPI), not to exceed 10% per year. Buyer to independently verify all applicable City of Sunnyvale and State of California rent control regulations, limitations, and requirements. The $8,410 under "Other" Annual Expenses is for Water/Sewer/Garbage combined. ****Please be respectful and do not disturb tenants****
Property details
Location
750 Calla Drive • Sunnyvale, CA 94086
Listed by
Joel Calvillo · KW Bay Area Estates