320 Angel Avenue, Sunnyvale, California 94086 - $2,398,000 | Allan Real Estate Investments
Location
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Property Highlights
$2,398,000
320 Angel Ave
Sunnyvale, CA, 94086
320 Angel Ave
•Sunnyvale, CA, 94086
6
Bedrooms
5
Bathrooms
3,774
Square Feet
8
Days on Market
6
Bedrooms
5
Bathrooms
3,774
Square Feet
8
Days on Market
About
Unbelievable opportunity for multi-unit investment or multigenerational living. Most versatile property to hit the market in decades prime downtown Sunnyvale location. 2 houses on 1 lot. Front house offers 3 rental setups: Main floor 2/1 w/kitchen, full bath, full-size laundry. Upper floor configurable as 2/2 w/kitchen, full laundry, separate side-door access. Finished basement as flex space w/kitchenette & full bath. Use elevator (ADA) for main-to-upper multi-gen flow. All units open to quiet central courtyard. Back house: 2/1 w/kitchen, living rm, full-size laundry +bonus rm, HUGE quiet backyard w/multiple fruit trees. Steps to Caltrain (3-min walk) & iconic Murphy Ave dining/shopping (5-min walk). Minutes from top Silicon Valley tech giants & Bay Area transit. Recent refreshes: interior/exterior paint, designer LED lighting, new hardware, mirrors, plumbing fixtures. At current Sunnyvale averages (~$3,000$3,500/mo overall; 1BR ~$2,900$3,200; 2BR ~$3,500$3,800), this can deliver ~4% CAP rate. Savvy investors: explore adding 2nd story to back house for more units/revenue. Live in 1 rent the rest or buy as family compound. Must-see to appreciate endless reconfiguration options for higher yield & equity. Each home: separate utilities & addresses (320/324) 4 parking spaces. Must see
Listed by Rick Smith with Robert Smith, Broker (650) 492-9007