1070 Noriega Avenue

Sunnyvale, CA 94086

$4,145,000
Last Sold Price
Beds
8,591 Sq. Ft.
$482 / Sq. Ft.
8,591
Sq. Ft.
$482
per Sq. Ft.

Description

Excellent opportunity to own a 9 unit building in a very desirable rental area of Sunnyvale, 1) 3 BR/2.5 BA Unit, 4) 2 BR/ 1 BA Units, 4) 1BR/1BA Units. Large lot with carports for each unit + extra open parking. Laundry room and storage area for each unit. New Roof, Dual Pane Windows, Barbecue area. Located near Mary and El Camino Real , excellent access to freeways, expressways, Cal Train, and many Silicon Valley Tech firms. Award winning Homestead High School District.Excellent opportunity to own a 9 unit building in a very desirable rental area of Sunnyvale, 1) 3 BR/2.5 BA Unit, 4) 2 BR/ 1 BA Units, 4) 1BR/1BA Units. Large lot with carports for each unit + extra open parking. Laundry room and storage area for each unit. New Roof, Dual Pane Windows, Barbecue area. Located near Mary and El Camino Real , excellent access to freeways, expressways, Cal Train, and many Silicon Valley Tech firms. Award winning Homestead High School District.

Listing Agent

  1. Jack Earl

    Jack Earl

    Listing Agent

    Compass

    DRE #00498428

    jack.earl@compass.com

    P: 650.823.7402

Property Details for 1070 Noriega Avenue

MLS City Name
SUNNYVALE
Building Type
Other
Garage Spaces
0
Parking Spaces
2
Cross Street
Leota/Lomita

Location

Listing Courtesy of Compass, Jack Earl, DRE #00498428

Sold By Cornish & Carey Commercial, Keith Suddjian, DRE #00673961; Realty World-xc'lent Real Estate, Paul Ryan, DRE #00961537

Add your commute
LISTING UPDATED: 02/03/2020 05:14 PM

Property Details for 1070 Noriega Avenue

StatusSold
MLS #ML81776540
Days on Compass21
Taxes$16,493 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1968
Lot Size0.39 AC / 16,855 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Jack Earl, DRE #00498428

Sold By Cornish & Carey Commercial, Keith Suddjian, DRE #00673961; Realty World-xc'lent Real Estate, Paul Ryan, DRE #00961537

Add your commute

Building Information for 1070 Noriega Avenue

Stories-Residences-Year Built1968Building Size-Lot Size0.39 AC / 16,855 SF

Payment Calculator

$23,995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,621

Property Taxes

$1,374

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1070 Noriega Avenue

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 8591
  • Pool: No
  • Security Features: Security Lights
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 10
Garage
  • Garage and Parking: Covered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 9
  • Area Text: Sunnyvale
  • Restrictions: None
  • Roof: Other
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1070
  • Street Name: Noriega
  • Street Suffix: Avenue
  • Area ID: 19
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 8591
  • Structure SqFt Source: Assessor
  • Age: 51
Development Information
  • Ownership Type: Limited Partnership
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Directions: Near Washington and Mary Ave.
  • Parcel Number: 161-37-033
  • County Name: Santa Clara
  • City Name: SUNNYVALE
  • City Postal ID: 74
  • Postal Code: 94086
  • Elementary School: 211
  • Elementary School District: 470
  • High School District Text: Fremont Union High
  • High School Text: Homestead High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .39
  • 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: No
Multi Family Information
Building Information
  • No Of Leased: 9
General Information
  • Annual Tax Amount: $16,493
  • Capitalization Rate: 3.87
  • Tenant Expenses: Utilities - Electric, Utilities - Heating
  • Income Includes: Rents
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $5,368
  • Expense Landscape: $4,622
  • Expense Maintenance: $8,000
  • Expense Management: $0
  • Expense Trash: $12,296
  • Expenses Other: $0
  • Expenses Utility: $1,936
  • Expenses Total: $48,715
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Exterminator, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 19.78
  • Income Annual Gross: $217,440
  • Income Annual Rental: $216,940
  • Income Gross Scheduled: $217,440
  • Income Other: $500
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,000
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Rent: $1,800

Property History for 1070 Noriega Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1070 Noriega Avenue

Taxable ValueLand$3,074,697Additions$1,282,436Total$4,357,133
Tax Record2023$51,177 ($4,265 / month)
Home Facts
Total Finished SqFt8,591 SqFtAbove Grade Finished SqFt8,591 SqFtStories2Lot Size17,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1968ZoningR3CountySANTA CLARAAPN161-37-033Fireplace TypeHas Fireplace

Schools near 1070 Noriega Avenue

This home is within Fremont Union High 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
Vargas Elementary School
PublicK to 5

Sunnyvale Middle School
Public6 to 8

Homestead High School
Public9 to 12

Community Day 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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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 Compass, Jack Earl, DRE #00498428

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.