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$ 2,563,888
Est. payment /mo
Price Dropped by $25K
7344 Rainbow DR Cupertino, CA 95014
3,198 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,198 sqft
Price per Sqft $801
MLS Listing ID ML82015122
HOA Y/N No
Year Built 1962
Annual Tax Amount $2,593
Lot Size 6,006 Sqft
Property Sub-Type Quadruplex
Property Description
Excellent investment opportunity to own a 4 PLEX with a Great Location. Makes $11,050 a month, that's $132,600 a year. Unit mix consists of 4 units 2BED/1BATH. Well maintained quadplex is situated in a highly desirable neighborhood, offering access to top-rated Cupertino schools and unbeatable proximity to major tech campuses, including Apple Inc.. First floor 2-bedroom, 1-bath units boast private backyards, providing outdoor space for relaxation or entertaining. Garages for all units add convenience and extra storage. While current rents are below market, this presents a golden opportunity to increase cash flow offering an upside in an area of high appreciation. Located in close proximity to freeways, shopping, dining, and top employers. This quadplex is a rare find with tremendous upside potential. Don't miss out on this exceptional investment in one of Silicon Valley's most sought-after communities!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3H
Interior
Heating Wall Furnace
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street
Garage Spaces 8.0
Carport Spaces 1
Garage Description 8.0
View Y/N No
Roof Type Composition,Other
Accessibility Parking
Total Parking Spaces 1
Building
Story 2
Sewer Public Sewer
Schools
School District Other
Others
Tax ID 36619021
Acceptable Financing Cal Vet Loan, FHA
Listing Terms Cal Vet Loan, FHA
Special Listing Condition Standard
Listed by Joe Pulido Realty One Group Infinity