1331 S Wolfe RD Sunnyvale, CA 94087 NEW




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Key Details

Property Type: Commercial

Sub Type: Five or More Units

Listing Status: Active

Purchase Type: For Sale

Square Footage: 63,024 sqft

Price per Sqft: $79

Lot Size: 3.636 Acres

Year Built: 1973

MLS Listing ID: ML81830904

Bedrooms: 3

Full Baths: 2

Property Description

HAYLEN and The Ivy Group is the proud listing brokers for this excellent investment opportunity to own a partial interest in this well run apartment building at 5.36 pro forma cap! The Olive Tree Apartments is an updated 88-unit 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, the intersection of Lawrence Expy and El Camino Real, De Anza College, etc.


State: CA

County: Santa Clara

Area: Sunnyvale

Building/Complex Name: Olive Tree Apartments

Zoning: R3


Heating: Electric

Cooling: Ceiling Fan

Flooring: Carpet,Vinyl / Linoleum


Garage: Carport ,Guest / Visitor Parking,Unassigned Spaces

Pool: Pool - Heated,Pool - In Ground

Community Features: Community Pool,Garden / Greenbelt / Trails,Gym / Exercise Facility

Utilities Available: Individual Electric Meters

Roof Type: Flat / Low Pitch


Foundation: Concrete Perimeter and Slab

Sewer: Sewer Connected

Water: Public


Tax ID: 309-10-017

Security Features: Fire Alarm

Special Sale: Not Applicable

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