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$ 2,200,000
Est. payment | /mo
8,646 Sqft Lot
$ 2,200,000
Est. payment | /mo
8,646 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81983241
HOA Y/N No
Year Built 1961
Annual Tax Amount $25,961
Lot Size 8,646 Sqft
Property Description
Magnify is pleased to present the opportunity to acquire 530 Columbia Ave, a six (6) unit multi-family investment with owner-occupancy potential located in the highly desirable city of Sunnyvale. Constructed in 1961, the property consists of one (1) three-bedroom/two-bathroom unit, one (1) two-bedroom/one-bathroom unit, and four (4) one-bedroom/one-bathroom units, spanning a total of 4,101 square feet. Situated on an 8,539 square-foot lot, recent improvements include four (4) remodeled bathrooms and replaced hot-water supply with copper pipes. This investment has significant upside in potential rental income through further renovations of the interiors. Notably, the presence of a spacious two-story front unit offers the added advantage of potential owner occupancy, further adding to its appeal and versatility. The subject property is located just one mile from Downtown Sunnyvale. It is less that a 10-minute drive from Levi's Stadium and major tech employers including LinkedIn, Google, Microsoft, NVIDIA, and more. Finally, the property provides easy access Lawrence Expressway, El Camino Real, and Highways 101 & 237.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Fireplace(s), Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 5
Roof Type Composition
Building
Water Public
Schools
School District Other
Others
Tax ID 20438034
Special Listing Condition Standard
Listed by Will Tharp • Magnify Real Estate