About 530 Columbia Ave
Magnify is pleased to present the opportunity to acquire 530 Columbia Ave, a six (6) unit multi-family investment with owner-occupancy potential located in the highly desirable city of Sunnyvale. Constructed in 1961, the property consists of one (1) three-bedroom/two-bathroom unit, one (1) two-bedroom/one-bathroom unit, and four (4) one-bedroom/one-bathroom units, spanning a total of 4,101 square feet. Situated on an 8,539 square-foot lot, recent improvements include four (4) remodeled bathrooms and replaced hot-water supply with copper pipes. This investment has significant upside in potential rental income through further renovations of the interiors. Notably, the presence of a spacious two-story front unit offers the added advantage of potential owner occupancy, further adding to its appeal and versatility. The subject property is located just one mile from Downtown Sunnyvale. It is less that a 10-minute drive from Levi's Stadium and major tech employers including LinkedIn, Google, Microsoft, NVIDIA, and more. Finally, the property provides easy access Lawrence Expressway, El Camino Real, and Highways 101 & 237.
Features of 530 Columbia Ave
MLS® # | ML81983241 |
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Price | $2,200,000 |
Square Footage | 4,101 |
Acres | 0.20 |
Year Built | 1961 |
Type | Multi-Residential |
Sub-Type | Five or More Units |
Status | Active |
Community Information
Address | 530 Columbia Ave |
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Area | Sunnyvale |
City | SUNNYVALE |
County | Santa Clara |
State | CA |
Zip Code | 94085 |
Amenities
Utilities | Individual Electric Meters, Individual Gas Meters |
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Garages | Attached |
Is Waterfront | No |
Interior
Heating | Wall Furnace, Central Forced Air - Gas, Heat-See Fireplace |
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Cooling | No Cooling |
Fireplace | No |
Exterior
Roof | Composition Roof |
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Construction | Wood Frame |
Foundation | Concrete Perimeter |
Additional Information
Zoning | R3 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Will Tharp |
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Office | Magnify Real Estate |
Contact Info | 650-918-0742 |