1022 Valerian Way

Sunnyvale, CA 94087

$2,345,000
Last Sold Price
Beds
3,708 Sq. Ft.
$632 / Sq. Ft.
3,708
Sq. Ft.
$632
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...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 2015-2016,Newer roof on 2016,All units has a dual pane windows,Newer exterior stucco and painting,Newer copper piping on 2018,Low cost of gardening maintenance,Potential coin-laundry income,Unit 1,2 & 4 has a washer and dryer inside unit,Newer water heater,Some interior pictures took on 3 years ago.....
  1. Listed by Sang Chul Kang • DRE #01366958 • Palazzo Investment Group

Property Details for 1022 Valerian Way

MLS City Name
SUNNYVALE
Building Type
FOURPLEX
Style
Traditional
Garage Spaces
0
Parking Spaces
0
Cross Street
Henderson Ave

Location

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

Sold By Hestia Real Estate Inc., SALA Homes Group, DRE #70010183

Add your commute
LISTING UPDATED: 03/15/2021 12:21 PM

Property Details for 1022 Valerian Way

StatusSold
MLS #ML81826152
Days on Compass16
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

Location

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

Sold By Hestia Real Estate Inc., SALA Homes Group, DRE #70010183

Add your commute

Building Information for 1022 Valerian Way

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

Payment Calculator

$15,541 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,798

Property Taxes

$2,744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1022 Valerian Way

Features
Room Information
  • Additional Rooms: Laundry Room
  • Basement: None
  • Kitchen: Cooktop - Electric, Countertop - Granite, Countertop - Other, Dishwasher, Garbage Disposal, Oven Range, Refrigerator, Varies by Unit, Other
Features
  • Amenities: None
  • Communications: Cable TV
  • Fireplace: No
  • 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
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Stucco
  • Max Num Of Units in Complex: 4
  • Min Num Of Units in Complex: 4
  • 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 Description: Corner
  • Lot Location: Corner
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Fenced, Front Yard, Garden
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 Amount: $1,316
  • 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 Bathrooms: 1.00
  • 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 Bathrooms: 1.00
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,600
Unit Type 1
  • Unit Type1 Approx SqFt: 1221
  • Unit Type1 No of Bathrooms: 2.00
Unit Type 2
  • Unit Type2 No Of Bathrooms: 1.00

Property History for 1022 Valerian Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1022 Valerian Way

Taxable ValueLand$1,690,650Additions$749,088Total$2,439,738
Tax Record2023$25,361 ($2,113 / month)
Home Facts
Total Finished SqFt3,708 SqFtAbove Grade Finished SqFt3,708 SqFtStories2Lot Size9,840 SqFtStyleQuadraplexYear Built1969ZoningR3CountySANTA CLARAAPN213-44-019Fireplace TypeHas Fireplace

Schools near 1022 Valerian Way

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
Braly 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

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Similar Sold Homes

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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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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

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.