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527 E Taylor Ave
Sunnyvale, CA 94085

Multifamily Property For Sale · 8 Units

Executive Summary

OPPORTUNITY OVERVIEW:
• Well maintained 8-unit property in Sunnyvale with all dual pane windows
(except for unit 8)
• Unit mix: (1) 2-bedroom 1-bath one story owner’s unit and (7) 1-bedroom
1-bath units
• All ground floor units (#1-5) benefit from real hardwood floors
• All upstairs units (#6-8) have vaulted ceilings with exposed beams and
modern accent paint
• Unit 6 and unit 8 have large areas in front to their units that could easily be
gated to create large private balconies to increase rent potential
• All ground floor units (#1-5) have large areas off the rear or front of their
units that could be fenced in to create large private patios to increase rent
potential
• All units are individually metered except for unit 1 and the house meter and
all common utilities are connected to unit 1and the owner pays all utilities for
unit 1.
• Common laundry room for all units with leased machines
• All new detached carports completely rebuilt (2020)
• 8 Detached onsite carport parking (no soft story) and 2 open onsite parking
spaces (10 total spaces)
• Significant excess open space could conveniently be made into
approximately 4 open parking spaces
• Over $400,000 of recent capital improvements include:
» New water heater (2024), new exterior paint & landscaping (2020), new
pitched composite roof (2017)
» Completely new staircase, new concrete walkways, new storage under
stairs (2021)
» Units #2, 3, 4, 6, full remodel (2021) & unit #7 full remodel (2022)
» Unit #5 newly remodeled bathroom, real hardwood floors and tile floors
in kitchen
» Unit #8 newly remodeled bathroom, new carpet and LVT floor in kitchen

PROPERTY FACTS

Price Per Unit $540,496 CAD
Sale Type Investment
Cap Rate 4.33%
Gross Rent Multiplier 14.59
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.28 AC
Building Size 4,308 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Parking Ratio 2.32/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Dishwasher
  • Disposal
  • Microwave
  • Eat-in Kitchen
  • Hardwood Floors
  • Vaulted Ceiling
  • Refrigerator
  • Stainless Steel Appliances
  • Carpet
  • Double Pane Windows
  • Family Room
  • Window Coverings

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $3,537 CAD -
1+1 7 $2,930 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
204-38-028
Land Assessment
$465,295 CAD
Improvements Assessment
$934,917 CAD
Total Assessment
$1,400,212 CAD

zoning

Zoning Code R3
R3
  • Listing ID: 34182512

  • Date on Market: 2024-12-12

  • Last Updated:

  • Address: 527 E Taylor Ave, Sunnyvale, CA 94085

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