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$2,200,000
Est. payment /mo
7 Beds
6 Baths
4,101 SqFt
UPDATED:
11/20/2024 04:20 PM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,101 sqft
Price per Sqft $536
MLS Listing ID ML81983241
Bedrooms 7
Full Baths 6
Year Built 1961
Lot Size 8,646 Sqft
Property Description
Magnify is pleased to present the opportunity to acquire 530 Columbia Ave, a six (6) unit multi-family investment with owner-occupancy potential located in the highly desirable city of Sunnyvale. Constructed in 1961, the property consists of one (1) three-bedroom/two-bathroom unit, one (1) two-bedroom/one-bathroom unit, and four (4) one-bedroom/one-bathroom units, spanning a total of 4,101 square feet. Situated on an 8,539 square-foot lot, recent improvements include four (4) remodeled bathrooms and replaced hot-water supply with copper pipes. This investment has significant upside in potential rental income through further renovations of the interiors. Notably, the presence of a spacious two-story front unit offers the added advantage of potential owner occupancy, further adding to its appeal and versatility. The subject property is located just one mile from Downtown Sunnyvale. It is less that a 10-minute drive from Levi's Stadium and major tech employers including LinkedIn, Google, Microsoft, NVIDIA, and more. Finally, the property provides easy access Lawrence Expressway, El Camino Real, and Highways 101 & 237.
Location
State CA
County Santa Clara
Area Sunnyvale
Zoning R3
Interior
Heating Central Forced Air - Gas, Fireplace , Wall Furnace
Cooling None
Exterior
Parking Features Attached Garage, Carport
Garage Spaces 1.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 204-38-034
Security Features None
Special Listing Condition Not Applicable
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Listed by Will Tharp • Magnify Real Estate
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Sharad Gupta
Broker | License ID: 02213637
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