527 E Taylor Ave | Sunnyvale, CA 94085
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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
• 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 | Building Class | C |
Sale Type | Investment | Lot Size | 0.28 AC |
Cap Rate | 4.33% | Building Size | 4,308 SF |
Gross Rent Multiplier | 14.59 | Average Occupancy | 100% |
No. Units | 8 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1957 |
Property Subtype | Apartment | Parking Ratio | 2.32/1,000 SF |
Apartment Style | Low Rise |
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
Parcel Number | 204-38-028 | Improvements Assessment | $934,917 CAD |
Land Assessment | $465,295 CAD | Total Assessment | $1,400,212 CAD |
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 |
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