1159 Ayala Drive

Sunnyvale, CA 94086

$2,180,000
Price
Beds
3,072 Sq. Ft.
$710 / Sq. Ft.
3,072
Sq. Ft.
$710
per Sq. Ft.

Description

We are pleased to present the opportunity to acquire 1159 Ayala Dr, a (4) four unit multifamily investment located in the highly desirable city of Sunnyvale. The property is only 1.5 miles from downtown Sunnyvale and the Caltrain Station. The unit mix includes (4) 2BD/1BA units, offering a strong upside in rental income. The building spans 3,072 square feet on a 8,276 square foot lot and was built in 1964. It features recent capital expenditures including the installation of a newer roof and a newer...We are pleased to present the opportunity to acquire 1159 Ayala Dr, a (4) four unit multifamily investment located in the highly desirable city of Sunnyvale. The property is only 1.5 miles from downtown Sunnyvale and the Caltrain Station. The unit mix includes (4) 2BD/1BA units, offering a strong upside in rental income. The building spans 3,072 square feet on a 8,276 square foot lot and was built in 1964. It features recent capital expenditures including the installation of a newer roof and a newer water heater. The tenants enjoy the easy access to highways 237, 85 and 101. Finally, the subject property is located within close proximity to several major tech employers including LinkedIn, Juniper Networks, Fortinet, Proofpoint, Inc., Trimble, Fujitsu and many more.
  1. Listed by Will Tharp • DRE #01984173 • Brokerage DRE #02214785 • Magnify Real Estate • 650-918-0742

Property Details for 1159 Ayala Drive

MLS City Name
SUNNYVALE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2
LISTING UPDATED: 11/27/2024 04:36 PM

Property Details for 1159 Ayala Drive

StatusActive
MLS #ML81976465
Days on Compass140
Taxes$25,589 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1964
Lot Size0.19 AC / 8,276 SF
CountySanta Clara County

Building Information for 1159 Ayala Drive

Stories2Residences4Year Built1964Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 1159 Ayala Drive

Features
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 3072
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Sunnyvale
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1159
  • Street Name: Ayala
  • Street Suffix: Drive
  • Area ID: 19
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3072
  • Structure SqFt Source: Assessor
  • Age: 60
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Parcel Number: 161-31-012
  • County Name: Santa Clara
  • City Name: SUNNYVALE
  • City Postal ID: 74
  • Postal Code: 94086
  • Elementary School District: 470
  • High School District Text: Fremont Union High
Lot Information
  • Foundation: Concrete Perimeter, Crawl Space
  • Horse Property: No
  • Lot Acres: .19
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $25,589
  • Building Unit Total: 4
  • Capitalization Rate: 3.67
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $2,344
  • Expense Landscape: $1,200
  • Expense Maintenance: $3,800
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $501
  • Expenses Utility: $8,050
  • Expenses Total: $41,484
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Utilities, Other
  • Gross Rent Multiplier: 17.39
  • Income Annual Gross: $121,580
  • Income Annual Rental: $121,740
  • Income Gross Scheduled: $125,340
  • Income Other: $3,600
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,620
Unit 2 Information
  • Unit 2 Approx Square Footage: 768
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,500
Unit 3 Information
  • Unit 3 Approx Square Footage: 768
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,450
Unit 4 Information
  • Unit 4 Approx Square Footage: 768
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,575
Unit Type 1
  • Unit Type1 Approx SqFt: 768

Property History for 1159 Ayala Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1159 Ayala Drive

Taxable ValueLand$919,456Additions$269,266Total$1,188,722
Tax Record2024$13,984 ($1,165 / month)
Home Facts
Total Finished SqFt3,072 SqFtAbove Grade Finished SqFt3,072 SqFtStories2Lot Size8,400 SqFtStyleQuadraplexYear Built1964ZoningR3CountySANTA CLARAAPN161-31-012Fireplace TypeHas Fireplace

Schools near 1159 Ayala Drive

This home is within Fremont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vargas Elementary School
PublicK to 5

Sunnyvale Middle School
Public6 to 8

Homestead High School
Public9 to 12

Community Day School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1159 Ayala Drive is a multi-family home for sale in Sunnyvale, CA 94086. This property was listed for sale on August 12, 2024 by Magnify Real Estate, it's currently listed at $2,180,000. It has been on the market for a total of 140 days and was last sold on May 4, 2007. This listing's school districts are Fremont Union High School District, Sunnyvale School District. Nearby schools include Vargas Elementary School, Sunnyvale Middle School and Homestead High School. 1159 Ayala Drive is a 0-bed, 0-bath, 3,072 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Magnify Real Estate, Will Tharp, DRE #01984173

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.