750 Calla Drive, Sunnyvale, California 94086, Sunnyvale, 94086 - 0 bed, 0 bath
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Sunnyvale, California 94086
This Sunnyvale Fourplex represents a Strong Value Opportunity, listed at $1,988,000—positioned well below the $1,846,060 Fair Market Value by 7%. With a Fair Condition Rating, this asset offers significant upside through modernization of the 1964 infrastructure. Located in a premier tech hub near Apple Park and Braly Elementary, the property provides stable rental demand and exemption from local rent control. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term appreciation in Silicon Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 750 Calla Drive Subject | $1,988,000* List Price | 0 | 0 | 3,328 | $555 | - |
A 504 Hawthorn Avenue Pending | $1,899,000 List Price | 0 | 0 | 3,728 | $509 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 60 years old (built 1964) with no evidence of major renovations. Exterior photos show cracked asphalt, window AC units (indicating lack of central HVAC), and dated electrical panels. The listing's mention of 'upside potential' and 'below-market rents' is a clear indicator that the kitchens and bathrooms are significantly outdated and require a full rehab to meet modern standards.
Situated in the heart of Silicon Valley near Apple Park and major tech employers like Google and LinkedIn, ensuring consistently high rental demand and low vacancy rates.
The property features below-market rents and is exempt from local Sunnyvale rent control, offering investors a substantial opportunity to increase yield through strategic management.
Located just one block from Braly Elementary (9/10 GreatSchools rating), the property is highly attractive to families, which typically results in longer-term tenant retention.
Built in 1964, the property may require significant capital expenditures for modernization or repairs to remain competitive with newer residential income properties.
While exempt from local ordinances, the property is subject to State AB 1482, which limits annual rent increases and may prolong the timeline to achieve full market-rate stabilization.
Prime Sunnyvale fourplex in a highly desirable rental location. All four units are 2BR/1BA, approx. 832 SF each, with assigned covered parking. Strong in-place income with below-market rents and significant upside potential. Excellent location with easy access to Wolfe Rd, El Camino Real, and Sunnyvale Caltrain. Minutes to Downtown Sunnyvale, parks, library, and Apple Park. Close proximity to major tech employers including Apple, Google, LinkedIn, NVIDIA, Microsoft, and Amazon. Situated in a high-demand rental market with historically low vacancy. Just 1 block to Braly Elementary. Great opportunity for investors seeking stable income and long-term appreciation in the heart of Silicon Valley.No City of Sunnyvale local rent control ordinance is in effect. State AB 1482 allows annual rent increases of 5% plus the Bay Area Consumer Price Index (CPI), not to exceed 10% per year. Buyer to independently verify all applicable City of Sunnyvale and State of California rent control regulations, limitations, and requirements. The $8,410 under "Other" Annual Expenses is for Water/Sewer/Garbage combined. ****Please be respectful and do not disturb tenants****
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,328 | 3,354 | 40% |
| Lot Size | 8,000 | 7,680 | 60% |
| Price | $1.99M | $1.99M | 50% |
| Price per sq ft | $597 | $597 | 50% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 133 | 20% |
May 26, 2026
$1,988,000
Initial Listing
Jun 22, 2020
$1,850,000
Public Record
Dec 10, 1993
$375,000
Public Record