Overview
- Residential
- 6
- 5
- 0
- 3774
- 609353
Description
Unbelievable opportunity for multi-unit investment or multigenerational living. Most versatile property to hit the market in decades prime downtown Sunnyvale location. 2 houses on 1 lot. Front house offers 3 rental setups: Main floor 2/1 w/kitchen, full bath, full-size laundry. Upper floor configurable as 2/2 w/kitchen, full laundry, separate side-door access. Finished basement as flex space w/kitchenette & full bath. Use elevator (ADA) for main-to-upper multi-gen flow. All units open to quiet central courtyard. Back house: 2/1 w/kitchen, living rm, full-size laundry +bonus rm, HUGE quiet backyard w/multiple fruit trees. Steps to Caltrain (3-min walk) & iconic Murphy Ave dining/shopping (5-min walk). Minutes from top Silicon Valley tech giants & Bay Area transit. Recent refreshes: interior/exterior paint, designer LED lighting, new hardware, mirrors, plumbing fixtures. At current Sunnyvale averages (~$3,000$3,500/mo overall; 1BR ~$2,900$3,200; 2BR ~$3,500$3,800), this can deliver ~4% CAP rate. Savvy investors: explore adding 2nd story to back house for more units/revenue. Live in 1 rent the rest or buy as family compound. Must-see to appreciate endless reconfiguration options for higher yield & equity. Each home: separate utilities & addresses (320/324) 4 parking spaces. Must see
Details
Updated on February 26, 2026 at 9:01 am Listed by Rick Smith, Robert Smith, Broker- Property ID: 609353
- Price: $2,398,000
- Property Size: 3774 Sqft
- Land Area: 7900 Square Feet
- Bedrooms: 6
- Bathrooms: 5
- Garage: 0
- Year Built: 1956
- Property Type: Residential
- Property Status: Active
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