663 La Grande Drive is an extremely well-maintained and semi-updated four unit apartment complex located in the heart of beautiful Sunnyvale, California. The property consists of one two-story building totaling approximately 3,176 square feet of living space situated on a 6,050 square foot lot. All four of the units are two-bedroom/one-bath measuring an average size of approxinately 795 square feet. Recent upgrades include double-pane windows, floors, vanities, shower doors, medicine cabinets and A/C units in all of the units. Shopping, schools, parks, banks, and coffee shops are all within walking distance. In addition, the investment property is located in the Homestead neighborhood and it's residents will be qualified to attend award winning Cupertino schools. The building is wood framed with stucco siding and has a pitched composition shingle roof. There are a total of four covered parking spaces in the rear of the building, and the on-site laundry facilitiy creates additional monthly income.
Cap Rate: 4.57%
NOI: $44,801
Livable Sq. Ft: 3,176
Built in 1962
4 units
Lot Sq. Ft: 6,050