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745 Reseda Drive, Sunnyvale, California 94087, Sunnyvale, 94087 - bed, bath

745 Reseda Drive, Sunnyvale, California 94087 home-pic-0
ACTIVE$2,075,000
745 Reseda Drive, Sunnyvale, California 94087
0Bed
0Bath
2,984Sqft
6,327Lot
Year Built
1964
Close
-
List price
$2.08M
Original List price
$2.08M
Price/Sqft
$695
HOA
-
Days on market
-
Sold On
-
MLS number
ML82027695
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros.

Discover an exceptional investment opportunity in the heart of Sunnyvale with this well-maintained triplex at 745 Reseda Dr. Featuring a highly sought-after unit mix, the property includes two spacious 3-bed/1.5-bath townhouse-style units and one 1-bed/1-bath flat, providing strong rental appeal. Each residence is equipped with in-unit washer/dryer, enhancing tenant convenience and desirability. Residents enjoy one tuck-under parking space and one uncovered parking spot per unit, along with a welcoming front courtyard perfect for relaxing or social gatherings. Utilities are individually metered, with water on a master meter for easy management. The current owner is also leasing solar panels, offering energy efficiency benefits, and the lease is transferable to the next owner. Situated in an unbeatable Sunnyvale location, the property is just moments from Las Palmas Park, one of the citys top-rated recreational destinations, as well as nearby shopping centers and everyday conveniences. A short drive brings you to Murphy StreetDowntown Sunnyvales vibrant hub of dining, entertainment, and boutique shopping. With quick access to El Camino Real, Highway 101, and Interstate 280, this location is ideal for commuters and young professionals seeking both lifestyle and accessibility.

Price History

Date
Event
Price
11/14/25
Listing
$2,075,000
Condition Rating
Fair
Built in 1964, the property shows signs of being well-maintained but has not undergone a recent extensive renovation. The kitchen features older wooden cabinets, dated countertops, and white appliances, while the bathrooms have basic, older vanities and fixtures. Flooring throughout consists of older ceramic tiles, and lighting fixtures are generally outdated, including popcorn ceilings in some areas. While functional, the property's aesthetic and components are clearly from an older era, likely updated 15-30 years ago, and would require significant cosmetic and functional updates to meet current market expectations. The cracked asphalt in the parking area also indicates some deferred exterior maintenance.
Pros & Cons

Pros

Prime Sunnyvale Location: Situated in an unbeatable Sunnyvale location, moments from Las Palmas Park, shopping, downtown Murphy Street, and with quick access to major freeways (101, 280, El Camino Real), ensuring high tenant demand and strong appreciation potential.
Strong Income-Generating Triplex: Features a highly sought-after unit mix of two spacious 3-bed/1.5-bath townhouse-style units and one 1-bed/1-bath flat, providing diverse rental appeal and a robust income stream.
Tenant-Centric Amenities: Each residence is equipped with in-unit washer/dryer and dedicated parking (one tuck-under, one uncovered), significantly enhancing tenant convenience and desirability.
Individual Utility Metering: Utilities are individually metered (excluding water), reducing landlord operating expenses and promoting tenant accountability for energy usage.
Energy Efficiency Benefits: The transferable solar panel lease offers energy efficiency benefits and potential cost savings, adding value and appeal to environmentally conscious tenants.

Cons

Master Water Meter: Water utility is on a master meter, meaning the landlord is responsible for the entire property's water bill, which can be a significant and variable operating expense.
Property Age: Built in 1964, the property may have aging infrastructure (e.g., plumbing, electrical, roof) that could require substantial capital expenditures in the future, despite being described as 'well-maintained'.
Leased Solar Panels: The solar panels are leased rather than owned, meaning the new owner inherits an ongoing lease obligation instead of a fully owned asset, which could impact long-term financial returns.

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