1022 Valerian Way

Sunnyvale, CA 94086

$2,390,000
Price
Beds
3,708 Sq. Ft.
$645 / Sq. Ft.
3,708
Sq. Ft.
$645
per Sq. Ft.

Description

Don't miss this excellent updated 4 units Investment Opportunity! This magnificent income property consists of 1,2,& 3 bedrooms units located in a high demand rental area nestled in a quiet residential neighborhood on a cul de sac. There is a main family home with beautiful double doors and 3 bedrooms and access to the outside private patio. Unit 2 is also on ground floor close to the indoor,Unit 3 and 4 is located at 2nd floor. Unit 1,2, & 4 is upgraded inside with new kitchens and bathrooms last...

Property Details for 1022 Valerian Way

MLS City Name
SUNNYVALE
Building Type
FOURPLEX
Style
Traditional
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Palazzo Investment Group, Sang Chul Kang, DRE #01366958

Property Details for 1022 Valerian Way

StatusPending
MLS #ML81826152
Days on Market15
Taxes$32,922 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1969
Lot Size0.23 AC / 9,999 SF
CountySanta Clara County

Listing Agent

Sang Chul Kang

Sang Chul Kang

Palazzo Investment Group

palazzo.invest@gmail.com

P: 408.600.8719

DRE #01366958

Contact Agent(s)

Building Information for 1022 Valerian Way

Stories2Residences4Year Built1969Building Size-Lot Size0.23 AC / 9,999 SF

Payment Calculator

$10,753 per month

30 year fixed, 2.95% Interest

Principal and Interest

$8,010

Property Taxes

$2,744

HOA Dues

$0

Property Information for 1022 Valerian Way

Features
    Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Countertop - Other, Dishwasher, Garbage Disposal, Oven Range, Refrigerator, Varies by Unit, Other
    Features
  • Amenities: None
  • Communications: Cable TV
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 3708
  • Pool: No
  • Security Features: None
  • Special Features: Parking
    Utilities
  • Cooling: None
  • Heating: Electric, Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters
  • Water: Public
    Carport and Parking
  • Carport Min: 5
    Garage
  • Garage Parking Features: Carport
Property Details
    Homeowners Association
  • HOA Exists: 0
    Property Details
  • Area Text: Sunnyvale
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1022
  • Street Name: Valerian
  • Street Suffix: Way
  • Area ID: 19
Lot / Property Details
    Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3708
  • Structure SqFt Source: Assessor
  • Age: 52
    Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
    Location Information
  • Directions: El Camino Real/Henderson Ave/Valerian Way
  • Parcel Number: 213-44-019
  • County Name: Santa Clara
  • City Name: SUNNYVALE
  • City Postal ID: 74
  • Postal Code: 94086
  • Elementary School District: 483
  • High School District Text: Santa Clara Unified
    Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .23
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
    Other Information
  • Dual Variable: Yes
Multi Family Information
    Building Information
  • No Of Leased: 4
    General Information
  • Annual Tax Amount: $32,922
  • Building Unit Total: 4
  • Capitalization Rate: 3.30
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Heating, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 1
    Income / Expense Details
  • Expense Insurance: $1,600
  • Expense Landscape: $0
  • Expense Maintenance: $1,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $6,694
  • Expenses Total: $42,216
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Maintenance - Repair, Utilities - Electric
  • Gross Rent Multiplier: 19.53
  • Income Annual Gross: $121,176
  • Income Annual Rental: $122,400
  • Income Gross Scheduled: $122,400
  • Income Other: $0
    Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,300
    Unit 2 Information
  • Unit 2 Approx Square Footage: 575
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,200
    Unit 3 Information
  • Unit 3 Approx Square Footage: 1025
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,000
    Unit 4 Information
  • Unit 4 Approx Square Footage: 886
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,600
    Unit Type 1
  • Unit Type1 Approx SqFt: 1221

Property History for 1022 Valerian Way

DateEvent & SourcePriceAppreciation
Feb 2, 2021

Pending

EBRD #ML81826152

Feb 2, 2021

Pending

EBRD #40934585

Feb 1, 2021

Pending

MLSListings #ML81826152

DateEvent & SourcePrice
02/02/2021

Pending

EBRD #ML81826152

02/02/2021

Pending

EBRD #40934585

02/01/2021

Pending

MLSListings #ML81826152

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

Schools near 1022 Valerian Way


SchoolTypeGradesDistanceRating
Marian A. Peterson Middle SchoolPublic6-80.4 mi
6
Silicon Valley AcademyPrivatePK-80.5 mi
NR
School of ChoicePrivate6-120.6 mi
NR
New Valley Continuation High SchoolPublic9-120.6 mi
2

Marian A. Peterson Middle School

6-8, 0.4 mi, Public

6

Silicon Valley Academy

PK-8, 0.5 mi, Private

NR

School of Choice

6-12, 0.6 mi, Private

NR

New Valley Continuation High School

9-12, 0.6 mi, Public

2

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Palazzo Investment Group, Sang Chul Kang, DRE #01366958

Based on information from the San Francisco Association of Realtors as of 01/17/2021 12:00 AM, the MLSListings MLS as of 01/17/2021 12:00 AM, or the BAREIS MLS as of 01/17/2021 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided 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. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/03/2021 11:37 AM