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1162 Sunnyvale Saratoga Rd
Sunnyvale, CA 94087
Build 30 Condos w/ Cupertino Schools+Cashflow · Multifamily Property For Sale
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10 Units
Investment Highlights
- Rarely Available, Oversized Parcel (0.6 Acres) With Opportunity to Develop 30 Spacious Condo Units - Zoning: High-Density Residential (27-45 DU/Acre)
- Proposed Unit Mix: (22) 2 BR/2 BA, (2) 3 BR/2 BA, and (6) 1 BR/1 BA Spacious Condo Units - 30 Spacious Units
- Current Cashflow: $25,350/Month Equates to: 2.6% Cap and 22 GRM. Pricing Includes Entitlement Design and Application for 30-Units
- Desirable, Central Location in the Sunnyvale/Cupertino Border, With Excellent Cupertino Schools
- Current Unit Mix: (5) 2 BR/1 BA (830 SF), and (5) 1 BR/1 BA Units (564 SF) - Mostly Renovated, Spacious Units
- Property Offers Investors/Developers w/ Options to: 1. Hold and Lease all Units, OR 2. Hold and Lease a Portion of Unit OR 3. Sell All Condos
Property Facts
| No. Units | 10 | Lot Size | 0.60 AC |
| Property Type | Multifamily | Building Size | 12,553 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1952/2021 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Zoning | R4 - High-Density Residential (27-45 DU/Acre) | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 12,553 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1952/2021 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | R4 - High-Density Residential (27-45 DU/Acre) |
Amenities
Unit Amenities
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 564 - 590 |
| 2+1 | 5 | - | 830 |
Property Taxes
| Parcel Number | 211-34-012 | Improvements Assessment | $1,639,556 |
| Land Assessment | $3,569,147 | Total Assessment | $5,208,703 |
Property Taxes
Parcel Number
211-34-012
Land Assessment
$3,569,147
Improvements Assessment
$1,639,556
Total Assessment
$5,208,703
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