530 Columbia AveSunnyvale, CA 94085

  • Apartment buildings
  • 4,101 SF
For Sale
$2,200,000 View listing

Property Details for 530 Columbia Ave

Year built
1961
Construction
WOOD
Lot size
0.20 AC
Property size (Sq ft)
4,101 SF
Zone code
R3
Property type
Apartment buildings
APN
204-38-034
APU
20438034

Description

This exceptional six-unit multi-family property at 530 Columbia Avenue in Sunnyvale, California presents a compelling investment opportunity. The 4,101 square foot building, constructed in 1961, sits on a sizable 0.2-acre lot (8,539 square feet) and offers a diverse mix of units: one three-bedroom/two-bathroom, one two-bedroom/one-bathroom, and four one-bedroom/one-bathroom units. Recent upgrades include four remodeled bathrooms and a complete replacement of the hot water supply lines with copper piping. The property's layout includes a spacious two-story front unit, ideal for owner-occupancy, adding significant versatility and potential for increased income. Located just one mile from Downtown Sunnyvale, this property benefits from its proximity to major tech employers such as LinkedIn, Google, Microsoft, and NVIDIA, as well as Levi's Stadium. Easy access to Lawrence Expressway, El Camino Real, and Highways 101 and 237 ensures convenient commuting. The property's current configuration offers significant upside potential through further interior renovations, promising strong rental income growth for the astute investor. Priced at $2,200,000, this is a rare chance to acquire a well-located, multi-family investment in the thriving Sunnyvale market.

Location Insight

City
Sunnyvale
County
Santa Clara
State
California
Latitude
37.3845
Longitude
-122.02
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,499
$179,271
$355,364
$534,635
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