505 Hope Terrace Sunnyvale, CA, 94087
$ 2,500,000Bedrooms 8 Baths0.0 Sq 4,029
for $2,500,000 with 8 bedrooms. This 4,029 square foot home was built in 1977 on a lot size of 0.14 Acre(s).
Incredible investment opportunity in highly sought after Gold location in the heart of Silicon Valley. This high income 4 plex boasts strong financials with a strong appreciation rate and an unbeatable core location. Three out of four units completely renovated. Situated in a quiet community setting with family neighborhood streets and mature, well maintained landscaping, this opportunity is perfect for an owner-occupier or investor. This Fourplex has a diverse unit mix consisting of one completely renovated large 3 bedroom/2 bathrooms unit with a wood-burning fireplace and a large private patio and a 2-car garage. Additionally, there is one, 2 bedrooms/2 bathroom unit, one 2 bedroom/1.5 bath and one, 1bedroom/1 bathroom unit. One out of the two 2 bedrooms is up for vacancy in the end of April. Next owner has opportunity to bring rent up to market, or renovate and maximize income.
Cooling System Zoned
Heating System Zoned
Sewer Public Sewer
Water Source Public Water
List By Intero Real Estate Services
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Sunnyvale, CA
Average List Price $2,360,714
Percent of Sale Price 6 %
About Sunnyvale, CA
14 %Since 2002
$ 102,577 Median Income
37.86 Median Age
34 % Households with Children
Cupertino Union Elementary School
Fremont High School