$3,200,000
$3,288,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
4,743 SqFt
SOLD DATE : 10/21/2024
Key Details
Sold Price $3,200,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,743 sqft
Price per Sqft $674
MLS Listing ID ML81980925
Sold Date 10/21/24
Bedrooms 2
Full Baths 1
Year Built 1963
Lot Size 0.287 Acres
Property Description
21710 Lomita Ave is an exceptional 6-unit investment opportunity located in the thriving city of Cupertino, CA. Situated on a 12,480 square foot parcel of land, the subject property was originally constructed in 1963 and has a gross building area of approximately 4,743 square feet, offering tenants 100% beautifully designed two-bedroom floor plans. Additionally, tenants enjoy convenient community amenities such as private carports, secured garage parking and an on-site community laundry facility. The city of Cupertino is located in the heart of Santa Clara County and the Silicon Valley. The city is well-situated and as the hometown of the largest tech company in the world, Apple Inc., has helped shape new technologies and markets originating in the Silicon Valley. The investment appeal of this asset is driven by Cupertino's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Silicon Valley, 21710 Lomita Ave presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Location
State CA
County Santa Clara
Area Cupertino
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Attached Garage, Carport
Garage Spaces 2.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch,Wood Shakes / Shingles
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 357-18-002
Security Features Other
Special Listing Condition Not Applicable
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Bought with Adam S. Levin • Marcus & Millichap