Property Overview:
427 Vasquez Ave is a well-maintained triplex in West Sunnyvale, CA, bordering Mountain View. The property features two 2-bed/1-bath units and one 1-bed/1-bath unit. It is located in a serene, tree-lined neighborhood within the Sunnyvale 94086 area and is bank-approved for short sale.
Neighborhood Highlights:
- Top-Rated Schools:
- Homestead High School
- Sunnyvale Middle School
- Convenient Location:
- Close to parks, library, and Sunnyvale Downtown
- Easy access to Caltrain, Highways 85, 237, & 101
- Quiet, Family-Friendly Area:
- Tree-lined streets
- Great community atmosphere
Property Features:
- Unit Mix:
- 2 units: 2 bedrooms / 1 bathroom
- 1 unit: 1 bedroom / 1 bathroom
- Recent Upgrades:
- Newer roof
- Newer hardwood floors (Units 1 & 2)
- Double-pane windows
- Brand new copper water pipes (all units)
- Sewer lines replaced (5 years ago)
- New electric ranges (all units)
- Amenities:
- On-site laundry room with coin-operated washer/dryer (extra income)
- Large backyard for outdoor entertaining
- Private driveway with ample parking:
- Two 1-car attached garages
- Outdoor parking space
- Private yard for owner’s unit
- Fireplace in owner’s unit
- Utilities:
- Central forced air heating (gas)
- Public sewer and water
- Zoning: R3 (multi-family residential)
Investment & Sale Details:
- Great tenants with strong rental income
- Short sale: Bank approved
- Accepting back-up offers
- Low rents (potential for increase)
- Buyer to cooperate with 1031 exchange (at no cost)
- MLS #ML81959854
- Buyer’s brokerage compensation: 2.5%
- Do not disturb tenants; offers subject to inspection
Location Benefits:
- Prime West Sunnyvale location
- Bordering Mountain View
- Close to top schools, parks, and downtown amenities
- Excellent commuter access to major highways and public transit
- Desirable for both owner-occupants and investors