1331 S Wolfe Rd

Sunnyvale, CA, 94087

$5,000,000

$79 per ft²
$5,000,000
$79 per ft²
Active
Active
carpenters-square
63,024 ft²
property_type
Multi-family
calendar
Built 1973
HAYLEN and The Ivy Group are pleased to present an excellent investment opportunity to own a PARTIAL INTEREST in a well run apartment building at 5.36% pro forma cap rate! The Olive Tree Apartments is an updated 88-unit multifamily building situated on a 3.64 Acre lot. It includes 64 2beds/1bath units and 24 1bed/1bath units with an average unit size of 680 sf, and private patio or balcony for each unit. The property features a fully equipped fitness center, a solar heated swimming pool with sundeck, onsite laundry facility with 8 sets of washers and dryers, security cameras among other modern amenities. With its lush tropical grounds, the Olive Tree Apartments offers tranquility while being in a convenient location close to 280 freeway, Kaiser Permanente Santa Clara Medical Center, Apple Park, De Anza College, etc.
MLS ID:
ML81830904
Listed:
2/22/21
Updated:
4/18/21

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Vinyl / Linoleum
Cooling
Ceiling Fan

Exterior/Building Features

Lot Size
3.64 acres lot
Roof
Flat / Low Pitch
Sewer
Sewer Connected

School Information

School District
Cupertino Union

Other Property Details

Area Name
Sunnyvale
HOA Amenities
Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility
Attached Garage
Yes
Parking
Carport, Guest / Visitor Parking, Unassigned Spaces
County
Santa Clara
Utilities
Individual Electric Meters
Water Source
Public
Pool
Yes
Pool Description
Pool - Heated, Pool - In Ground
Zoning
R3

 

Courtesy of Helen Chong, Haylen

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Data last updated 11:28 AM UTC, 4/18/21

 

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