571 Cypress Avenue, Sunnyvale, California 94085, Sunnyvale, 94085 - 3 bed, 1 bath
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This Single-Family Redevelopment Asset is listed at $1,299,000, currently valued near its $1,237,031 Fair Market Value primarily for its underlying land utility. Featuring a 5,050 sqft lot and a Condition Rating of 6, the 1952 structure is a prime candidate for a full transformation or custom rebuild. Located in a prime Sunnyvale neighborhood near major tech hubs and Fremont High School, the property offers significant long-term appreciation potential in a supply-constrained market. This is a strategic entry point into the Silicon Valley tech corridor, ideal for Fix-and-Flip Investors or Developers seeking a high-demand project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 571 Cypress Avenue Subject | $1,299,000* List Price | 3 | 1 | 1,009 | $1,226 | - |
A 941 Amador Ave Sold | $1,410,000 | 3 | 1 | 978 | $1,442 | 0.8 mi |
B 342 W Duane Avenue Sold | $1,435,500 | 3 | 2 | 1,132 | $1,268 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1952, making it 73 years old. The MLS listing does not provide any information regarding major renovations within the last 50 years. Without images or specific details about updates to the kitchen, bathrooms, flooring, or systems, it is highly probable that the property is in its original or significantly outdated condition. In a high-value area like Sunnyvale, a property of this age without documented recent renovations is typically valued primarily for its land, aligning with the 'Tear-down' criteria: 'Property was built over 50 years ago with had no major renovations in the past 50 years. The structure is beyond repair, and the property's value is based solely on the land and its potential for redevelopment.' A comprehensive assessment of interior features (kitchen, bath, etc.) is impossible without images.
Situated in Sunnyvale, California, a highly sought-after Silicon Valley city known for its strong job market, excellent schools, and high property appreciation.
The property is a detached single-family home, offering privacy, a private yard, and greater long-term value appreciation compared to attached housing types.
With a 5050 sqft lot, there is ample outdoor space for landscaping, potential expansion, or creating desirable outdoor living areas, which is valuable in this dense market.
The property features only one bathroom for three bedrooms, which is a significant functional limitation for modern families and may necessitate costly renovations to add another bathroom.
Built in 1952, the home is older and likely requires substantial updates to its systems, finishes, and overall aesthetic to meet contemporary buyer expectations and energy efficiency standards.
At 1009 sqft, the interior living space is relatively small for a 3-bedroom home, potentially limiting comfort and future value appreciation compared to larger properties in the area.
Exceptional opportunity in Sunnyvale. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 1,009 | 1,368 | 14% |
| Lot Size | 5,050 | 5,550 | 14% |
| Price | $1.30M | $1.80M | 5% |
| Price per sq ft | $1.3K | $1.4K | 43% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 300 | 127 | 0% |
Jun 26, 2025
$1,299,000
Initial Listing