980 Ponderosa Avenue

Sunnyvale, CA 94086

$2,400,000
Last Sold Price
Beds
3,792 Sq. Ft.
$633 / Sq. Ft.
3,792
Sq. Ft.
$633
per Sq. Ft.

Description

Well maintained four unit investment in excellent Sunnyvale rental market. Unit mix of four, two-bedroom, one bath units approximately ~940 sqft each. Constructed in 1963 the 3,792 SF building sits on a generous 7,616 SF lot. All of units offer double pane windows and include central heating and air conditioning, private patios or balconies and private garages with cabinet storages/shelves as well as one driveway parking space, for a total of two assigned parking spaces per unit. An onsite coin operated...Well maintained four unit investment in excellent Sunnyvale rental market. Unit mix of four, two-bedroom, one bath units approximately ~940 sqft each. Constructed in 1963 the 3,792 SF building sits on a generous 7,616 SF lot. All of units offer double pane windows and include central heating and air conditioning, private patios or balconies and private garages with cabinet storages/shelves as well as one driveway parking space, for a total of two assigned parking spaces per unit. An onsite coin operated laundry facility (leased) adds additional income. HOA/Community includes landscaping and community pool access. Conveniently located at Wolfe Rd/El Camino Real, next to Sunken Garden Golf Course of Sunnyvale, very quiet residential neighborhood and walking distance to restaurants, coffee shops, shopping parks and entertainment. Close proximity to high tech employers and major commute routes.
  1. Listed by Michael Shields • DRE #01327546 • Brokerage DRE #01327546 • SiliconValley MultiFamilyGroup • 408-356-1900

Property Details for 980 Ponderosa Avenue

MLS City Name
SUNNYVALE
Building Type
FOURPLEX
Complex Name
Normandie Vills HOA
Garage Spaces
1
Parking Spaces
1
Cross Street
Maria Lane/S. Wolfe Rd

Location

Listing Courtesy of SiliconValley MultiFamilyGroup, Michael Shields, DRE #01327546

Sold By Cornish & Carey Commercial, Keith Suddjian, DRE #00673961; Cornish & Carey Commercial, Michelle Clark, DRE #01918902

Add your commute
LISTING UPDATED: 02/04/2022 12:27 PM

Property Details for 980 Ponderosa Avenue

StatusSold
MLS #ML81869364
Days on Compass49
Taxes$29,796 / year
HOA Fees$304
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1963
Lot Size0.17 AC / 7,593 SF
CountySanta Clara County

Location

Listing Courtesy of SiliconValley MultiFamilyGroup, Michael Shields, DRE #01327546

Sold By Cornish & Carey Commercial, Keith Suddjian, DRE #00673961; Cornish & Carey Commercial, Michelle Clark, DRE #01918902

Add your commute

Building Information for 980 Ponderosa Avenue

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,593 SF

Payment Calculator

$15,885 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$2,483

HOA Dues

$304

The Payment Calculator is for illustrative purposes only.

Property Information for 980 Ponderosa Avenue

Features
Room Information
  • Kitchen: Cooktop - Electric, Countertop - Other, Exhaust Fan, Hood Over Range, Oven - Electric, Oven Range - Electric, Refrigerator
Features
  • Communications: Other
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 3792
  • Pool: Yes
  • Pool Type: Community Facility
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public, Sewer Connected, Sewer in Street
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage
Property Details
Homeowners Association
  • HOA Amenities: Community Pool
  • HOA Exists: 1
  • HOA Fee: $304
Property Details
  • Building Name: Normandie Vills HOA
  • Area Text: Sunnyvale
  • Restrictions: Parking Restrictions
  • Roof: Other
  • Stories: 2.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 980
  • Street Name: Ponderosa
  • Street Suffix: Avenue
  • Area ID: 19
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3792
  • Structure SqFt Source: Assessor
  • Age: 58
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R3
Location Information
  • Directions: Off S. Wolfe Rd, between Maria Lane & Rosette Terrace
  • Parcel Number: 213-25-033
  • County Name: Santa Clara
  • City Name: SUNNYVALE
  • City Postal ID: 74
  • Postal Code: 94086
  • Elementary School: 384
  • Elementary School District: 483
  • Middle School Text: Marian A. Peterson Middle
  • High School District Text: Santa Clara Unified
  • High School Text: Adrian Wilcox High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .17
  • 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: 3
General Information
  • Annual Tax Amount: $29,796
  • Building Unit Total: 4
  • Capitalization Rate: 3.02
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,659
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $3,040
  • Expense Trash: $6,863
  • Expenses Other: $240
  • Expenses Utility: $1,764
  • Expenses Total: $43,362
  • Operating Expenses Include: Fee - Association, Insurance, Maintenance, Utilities
  • Gross Rent Multiplier: 20.40
  • Income Annual Gross: $118,844
  • Income Annual Rental: $121,800
  • Income Gross Scheduled: $122,520
  • Income Other: $720
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,650
Unit 2 Information
  • Unit 2 Approx Square Footage: 940
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,450
Unit 3 Information
  • Unit 3 Approx Square Footage: 940
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,598
Unit 4 Information
  • Unit 4 Approx Square Footage: 940
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 940
Listing Info
Rental Info
  • Lease Type: Net

Property History for 980 Ponderosa 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 980 Ponderosa Avenue

Taxable ValueLand$1,887,000Additions$561,000Total$2,448,000
Tax Record2023$28,859 ($2,405 / month)
Home Facts
Total Finished SqFt3,792 SqFtAbove Grade Finished SqFt3,792 SqFtStories2Lot Size7,616 SqFtStyleQuadraplexYear Built1963ZoningR3CountySANTA CLARAAPN213-25-033Fireplace TypeHas Fireplace

Schools near 980 Ponderosa Avenue

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 SiliconValley MultiFamilyGroup, Michael Shields, DRE #01327546

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.