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    1331 S Wolfe Rd

    Sunnyvale, CA 94087
    • $5,000,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: ML81830904
    UPDATED: 37 min ago
    $5,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 63,024
      SQFT
    • $79
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Description

    HAYLEN and The Ivy Group are pleased to present an excellent investment opportunity to own a PARTIAL INTEREST in a well run apartment building at 5.36% pro forma cap rate! The Olive Tree Apartments is an updated 88-unit multifamily building situated on a 3.64 Acre lot. It includes 64 2beds/1bath units and 24 1bed/1bath units with an average unit size of 680 sf, and private patio or balcony for each unit. The property features a fully equipped fitness center, a solar heated swimming pool with sundeck, onsite laundry facility with 8 sets of washers and dryers, security cameras among other modern amenities. With its lush tropical grounds, the Olive Tree Apartments offers tranquility while being in a convenient location close to 280 freeway, Kaiser Permanente Santa Clara Medical Center, Apple Park, De Anza College, etc.

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-03-07T11:49:47.213. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/114433885
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    1331 S Wolfe Rd Sunnyvale, CA 94087

    • Price: $5,000,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: ML81830904
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    63,024
    SQFT
    $79
    $/SQFT
    1973
    Built
    Neighborhood:
    Sunnyvale
    County:
    Santa Clara
    Area:
    Sunnyvale
    Property Description
    HAYLEN and The Ivy Group are pleased to present an excellent investment opportunity to own a PARTIAL INTEREST in a well run apartment building at 5.36% pro forma cap rate! The Olive Tree Apartments is an updated 88-unit multifamily building situated on a 3.64 Acre lot. It includes 64 2beds/1bath units and 24 1bed/1bath units with an average unit size of 680 sf, and private patio or balcony for each unit. The property features a fully equipped fitness center, a solar heated swimming pool with sundeck, onsite laundry facility with 8 sets of washers and dryers, security cameras among other modern amenities. With its lush tropical grounds, the Olive Tree Apartments offers tranquility while being in a convenient location close to 280 freeway, Kaiser Permanente Santa Clara Medical Center, Apple Park, De Anza College, etc.
    Exterior Features

    Foundation Concrete Perimeter And Slab Garage Parking CarportGuest / Visitor ParkingUnassigned Spaces Number Of Buildings 7 Pool Pool - HeatedPool - In Ground Pool YN Yes Roof Flat / Low Pitch Units In Complex Min 88

    Interior Features

    Beds Unit1 1 Beds Unit2 2 Cooling Ceiling Fan Flooring Vinyl / Linoleum Heating Electric Sq Ft Unit1 625 Sq Ft Unit2 735 Structure Sq Ft 63024

    Property Features

    Accessibility Features Parking Additional Listing Info Not Applicable City Limits Yes City Name Sunnyvale Community Name Olive Tree Apartments Hoa Amenities Community PoolGarden / Greenbelt / TrailsGym / Exercise Facility Hoa YN No Incorporated Yes Lot Size Area Maximum 158374.00 Meters Master GasMaster WaterSeparate Electric Rent Unit1 1400 Rent Unit2 2195 Security Features Fire Alarm Sewer Septic Sewer Connected Sq Ft Source Assessor Utilities Individual Electric Meters Water Public Zoning R3

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Helen Chong of Haylen.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-03-07T11:49:47.213. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
     
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