750 Calla Drive, Sunnyvale, California 94086, Sunnyvale, - bed, bath
ACTIVE$1,990,000
750 Calla Drive, Sunnyvale, California 94086
0Bed
0Bath
3,328Sqft
8,000Lot
Year Built
1964
Close
-
List price
$1.99M
Original List price
$2.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81998702
Home ConditionPoor
Features
View-
About this home
Unit 2 is remodeled. Please do not disturb tenants. Offer subject to inspection only! Great investing opportunity in a fourplex located in the heart of Sunnyvale. Easy access to Wolfe Rd, EL Camino Real, and Sunnyvale Caltrain station. All four units are 2BR/1BA with the living apace around 832 sqft and rented for $2500/month. Minutes to Downtown Sunnyvale, Caltrains, Parks, Library, Costco, and Sunnyvale's Apple Campus!
Price History
Date
Event
Price
08/26/25
Price Change
$1,990,000
03/19/25
Listing
$2,150,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,328 | 2,584 | 50% |
| Lot Size | 8,000 | 7,960 | 50% |
| Price | $1.99M | $1.92M | 50% |
| Price per square foot | $598 | $802 | 50% |
| Built year | 1964 | 9775982 | 100% |
| HOA | |||
| Days on market | 230 | 149 | 50% |
Condition Rating
Poor
The property was built in 1964, making it 60 years old. While the description states 'Unit 2 is remodeled,' there are no interior images to assess the quality or recency of this renovation, especially for the kitchen and bathrooms. The exterior images show a dated building with visible wear and tear, faded paint, and an overall appearance consistent with its age, suggesting a lack of recent comprehensive renovation for the entire structure. For a 60-year-old property, it is highly probable that major systems (plumbing, electrical, HVAC, roof) are original or very old and will require substantial repairs and rehabilitation across the four units and common areas, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Sunnyvale Location: Situated in the highly desirable 'heart of Sunnyvale,' offering strong tenant demand and potential for property value appreciation due to its central position.
Established Income-Generating Asset: As a fourplex (quadruplex), the property provides diversified rental income streams from multiple units, making it a robust residential income investment.
Solid Current Rental Income: All four units are currently rented at $2,500/month each, generating a consistent gross income of $10,000/month, providing immediate cash flow.
Exceptional Connectivity: Boasts easy access to major thoroughfares (Wolfe Rd, El Camino Real) and the Sunnyvale Caltrain station, significantly enhancing tenant appeal and convenience.
Proximity to Key Amenities & Employers: Located minutes from Downtown Sunnyvale, parks, library, Costco, and the prominent Apple Campus, attracting a strong and stable tenant base.
Cons
Property Age & Potential Capital Expenditures: Built in 1964, the property may require significant capital investment for updates to major systems (e.g., plumbing, electrical, roof) and general modernization in the near future.
Partial Unit Renovation: Only one of the four units is noted as remodeled, suggesting the other three may require substantial upgrades to optimize rental income, tenant satisfaction, and long-term value.
Tenant Occupancy & Inspection Limitations: The 'offer subject to inspection only' clause and 'do not disturb tenants' directive could complicate thorough pre-offer due diligence and comprehensive property assessment.