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1174-1176 W Olive Avenue, Sunnyvale, CA 94086

Residential Income | MLS# ML81993706
$1,988,000
2244sq. ft.
0.175acres
Move in or Rent Out you will enjoy this beautifully updated single-story duplex near Downtown Sunnyvale. Each home features 2 spacious bedrooms, 2 full bathrooms, and a versatile den perfect for a home office or playroom. The large and bright living and dining areas create an inviting atmosphere, complemented by newly updated kitchens and bathrooms. Each home boasts a Primary suite with an ensuite bathroom and a generous walk-in closet. Separate laundry closet in both homes. Enjoy ample parking with three garage spots and 3 driveway spaces. Each home also has a private backyard, ideal for outdoor relaxation. Located within walking distance to Caltrain, Downtown Sunnyvale, and shops along El Camino Real, with easy access to freeways and expressways. Exceptional proximity to tech campuses and top-rated schools, including Homestead High. Don't miss out on this fantastic opportunity! Always rented. Currently both units rented to good tenants.
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Age
49
Approx. Acr
.18acres
Approx. Bldg
2244
Approx. Lot
7,632sq. ft.
Area
- Sunnyvale 019
Days On Website
1
List Date
02/11/2025
Listed Days Back
1
Lot Acres
0.175
MLS#
ML81993706
Number of Buildings
1
Original List Date
02/11/2025
Original List Price
$1,988,800
Price
$1,988,000
Price per sq. ft.
$886
Status
Active
Type
Residential Income
Type
Duplex
Year Built
1976
Annual Gross Income
$90,000
Annual Total Expenses
$21,019
Capitalization Rate
3.47
Financial Data Source
Property Manager
Gross Rent Multiplier
22.1
Income Annual Rental
$90,000
Income Gross Scheduled
$90,000
Income Includes
None
Zoning
R2PD
Additional Listing Info
Not Applicable / Not Disclosed
Annual Oper. Expenses Include
Fee - Property Management, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water
Disclosures Hazard
Natural Hazard Disclosure
Tenant Pays
Utilities - Electric, Utilities - Gas
Cooling
Other
Foundation
Concrete Slab
Garage Parking
Detached
Heating
Central Forced Air
Listing Includes
Dishwasher - All Units, Oven/Range - All Units, Refrigerator - All Units, Updated Bath(s) - All Units, Updated Kitchen - All Units
Lot Description
Grade - Level
Meters
Separate Electric, Separate Gas
Roof
Composition
Security Features
None
Sewer Septic
Sewer - Public
Water
Public
Yard Grounds
Back Yard

Contact

Lee Ginsburg
Lee Ginsburg
DRE License Number: 01391378
Direct: (650) 358-3959
Fax: (650) 240-0240

"It Is Better To Own Real Estate and Wait, Than Wait to Own Real Estate"