418 Roosevelt Ave | Sunnyvale, CA 94085
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418 Roosevelt Ave
Sunnyvale, CA 94085
Multifamily Property For Sale · 6 Units
Investment Highlights
- Contact listing agents Brian Henry & Bryan Danforth for full disclosure package including inspections and interior photos
- Do not disturb occupants. Contact listing agents for the timing of a 1-time-only open house
Executive Summary
Updated 6-unit apartment building with upside potential. All units are 1-bed, 1-bath. Significant recent updates within the past 10 years: Brand new main electrical panel (with permit), All new copper plumbing, New sewer line to the street, New dual pane windows, Several unit interiors updated with new kitchens and bathrooms, and a New 75-gallon water heater.
Well-maintained and clean units and good in-place rents with some upside potential to renovate the remaining units and increase rents further. Drought resistant and headache-free landscaping. Coin-Operated laundry.
Great location in the heart of the Silicon Valley. Within a 1 mile radius of: Sunnyvale Caltrain and Downtown Sunnyvale, Central Expressway and 101, Bishop Elementary School a few blocks away, public amenities and 3 different parks.
Well-maintained and clean units and good in-place rents with some upside potential to renovate the remaining units and increase rents further. Drought resistant and headache-free landscaping. Coin-Operated laundry.
Great location in the heart of the Silicon Valley. Within a 1 mile radius of: Sunnyvale Caltrain and Downtown Sunnyvale, Central Expressway and 101, Bishop Elementary School a few blocks away, public amenities and 3 different parks.
PROPERTY FACTS Under Contract
| Price Per Unit | $333,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 4.58% | Building Size | 3,528 SF |
| Gross Rent Multiplier | 13.74 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.17/1,000 SF |
| Apartment Style | Low Rise |
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| Cap Rate | 4.58% |
| Gross Rent Multiplier | 13.74 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,528 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.17/1,000 SF |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,992 | 588 |
PROPERTY TAXES
| Parcel Number | 204-38-031 | Improvements Assessment | $471,299 |
| Land Assessment | $1,060,432 | Total Assessment | $1,531,731 |
PROPERTY TAXES
Parcel Number
204-38-031
Land Assessment
$1,060,432
Improvements Assessment
$471,299
Total Assessment
$1,531,731
zoning
| Zoning Code | R3, Sunnyvale |
| R3, Sunnyvale |
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