1043 Reed Ter

Baths
4,029 Sq. Ft.
$575 / Sq. Ft.
4,029
Sq. Ft.
$575
per Sq. Ft.

Description

Well maintained 4-Plex with ONE 3BR/2BA downstairs unit (fireplace, 2 car garage, and back yard), TWO 2BR/1.5BA upstairs units (one car garage and one assigned uncovered parking space), and ONE 1BR/1BA downstairs unit (one car garage). Fresh exterior paint. All units equipped with refrigerator, electric stove, dishwasher, and wall AC unit. Central location near many High-Tech companies and easy access to freeway and CAL Train station. Excellent opportunity to own one of Sunnyvale Premiere complexes...Well maintained 4-Plex with ONE 3BR/2BA downstairs unit (fireplace, 2 car garage, and back yard), TWO 2BR/1.5BA upstairs units (one car garage and one assigned uncovered parking space), and ONE 1BR/1BA downstairs unit (one car garage). Fresh exterior paint. All units equipped with refrigerator, electric stove, dishwasher, and wall AC unit. Central location near many High-Tech companies and easy access to freeway and CAL Train station. Excellent opportunity to own one of Sunnyvale Premiere complexes and make this a very stable investment. One unit is vacant so the new owner can make their own rents or live in the unit and get rental income on the other three units.
  1. Listed by Kevin Lin • DRE #01706271 • Century 21 RE Alliance

Property Details for 1043 Reed Terrace

City
SUNNYVALE
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage Spaces
0
Garage/Parking
Garage, Off-Street Parking, Assigned Spaces
Park Spaces Total
7
Total # Parking Spaces
7
LISTING CLOSED: 11/22/2021 12:00 AM

Property Details for 1043 Reed Terrace

StatusSold
MLS #40971251
Days on Compass4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1978
Lot Size0.14 AC / 6,300 SF
CountySanta Clara County

Location

Listing Courtesy of Century 21 RE Alliance, Kevin Lin, DRE #01706271

Sold By Realty One Group Infinity, Jinho Kim, DRE #00974661

Add your commute

Building Information for 1043 Reed Terrace

Stories-Residences4Year Built1978Building Size-Lot Size0.14 AC / 6,300 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$14,147 per month

30 year fixed, 6.55% Interest

Principal and Interest

$11,767

Property Taxes

$2,380

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1043 Reed Terrace

Features
Feature Details
  • Flooring: Laminate, Vinyl, Carpet
  • Laundry: Coin Operated
  • Disability Features: Other
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Window/Wall Unit(s)
  • Heating: Forced Air 1 Zone
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Dryer, Washer
  • City Transfer Tax: No
  • Exterior: Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 6300
  • Lot Size Square Feet: 6300.0
  • Roof: Shingle
  • Sq Ft Apx: 4029
  • Stories: 0.0
  • Yard Description: Other
  • Year Built: 1978
  • Zoning: R
  • Acres: 0.15
Location Details
  • Elementary School District: Santa Clara Unified
  • Directions to Property: Lawrence Expwy to Reed Ave to Reed Terrace
  • FIPS Code: 06085
  • Parcel Number: 213-54-008
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: Balcony/Patio
  • Parking Description: Garage Parking, Off Street Parking, Spaces - Assigned
  • Existing Lease Terms: Security Deposit, Written Agreement, Year Lease
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Deposits: $6,700
  • Financial Data Source: Rental Agreement
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $0
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Operating Expenses: Insurance, Maintenance/Repair, Miscellaneous/Other, Trash Removal, Utilities, Water
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 1
  • Occupied By 1: Vacant
  • Dining Room 1: Yes
  • Air Cond 1: Yes
  • Fireplace 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 3
  • Bathrooms 1: 2
  • Parking Spaces 1: 2
  • Apx Sq Ft 1: 1450
Unit 2 Details
  • Unit #/Address - 2: 2
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Air Cond 2: Yes
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 548
  • Rent 2: 1700
Unit 3 Details
  • Unit #/Address - 3: 3
  • Occupied By 3: Tenant
  • Dining Room 3: Yes
  • Air Cond 3: Yes
  • Fireplace 3: No
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 2
  • Bathrooms 3: 1.5
  • Parking Spaces 3: 2
  • Apx Sq Ft 3: 950
  • Rent 3: 2400
Unit 4 Details
  • Unit #/Address - 4: 4
  • Occupied By 4: Tenant
  • Dining Room 4: Yes
  • Air Cond 4: Yes
  • Fireplace 4: No
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 2
  • Bathrooms 4: 1.5
  • Parking Spaces 4: 2
  • Apx Sq Ft 4: 1000
  • Rent 4: 2395
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio
  • Total Deposits: 6700
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Not Listed
  • High School District: Not Listed

Property History for 1043 Reed Terrace

DateEvent & SourcePriceAppreciation
Nov 22, 2021

Sold

MLSListings #BE40971251

$2,315,000
Nov 22, 2021

Sold

RESFAR #40971251

$2,315,000
Nov 22, 2021

Sold

EBRD #40971251

$2,315,000
DateEvent & SourcePrice
11/22/2021

Sold

MLSListings #BE40971251

$2,315,000
11/22/2021

Sold

RESFAR #40971251

$2,315,000
11/22/2021

Sold

EBRD #40971251

$2,315,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1043 Reed Terrace

Taxable ValueLand$1,840,134Additions$665,694Total$2,505,828
Tax Record2025$28,558 ($2,380 / month)
Home Facts
Total Finished SqFt4,029 SqFtAbove Grade Finished SqFt4,029 SqFtStories2Lot Size6,300 SqFtStyleMulti-Family Dwelling (2-4)Year Built1978Year Renovated1978ZoningRCountySANTA CLARAAPN213-54-008

Schools near 1043 Reed Terrace

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ponderosa Elementary School
PublicK to 5

Marian A. Peterson Middle School
Public6 to 8

Adrian Wilcox High School
Public9 to 12

New Valley Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 RE Alliance, Kevin Lin, DRE #01706271

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.