Fourplex · 2 recorded sales since 2013
Listing Agent: Michael Chalhoub (DRE #01721189) · Listing Office: Intero Real Estate Services · Contact: (650) 622-1000 · Bought with: Mandana Simai · Christie's International Real Estate Sereno · MLS #ML81698876 · Source: CRMLS
557 Alberta Ave in Sunnyvale was built in 1968, and has been fully upgraded and remodeled in 2014. This turn-key, 4 unit investment is 100% leased with upside potential in rental income. The property benefits from its location being only a short commute to Apple Campuses and its incorporation into the coveted Cupertino School District. The property has been well maintained and professionally managed truly an unique opportunity to own one of the few deluxe apartment complexes in Sunnyvale. Normandy style architecture is pleasing to the tenants and neighbors. All of the units are highly desirable ground floor single level garden style apartment homes all with in-unit laundry. Tenant Pays individual gas heating, electrical, phone, and cable. Landlord pays property tax, insurance, maintenance, garbage service, water/sewer, common area lighting, water, and gas for hot water.
Listing description from the June 2019 sale, as reported to CRMLS.