Permittedly Remodeled
332 Lastreto AVE Sunnyvale, CA 94085
New
332 Lastreto AVE, Sunnyvale, CA, 94085
$2,298,888
For Sale
$2,298,888
MULTI_FAMILY - SUNNYVALE, CA
Property Size3,098 SF
Lot Size0.16 Acres
Price / SF$742.06
Days on Market3
Property Features for 332 Lastreto AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R2
- Bedrooms
- 7
- Rooms
- Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 7, Bedroom 2, Bedroom 3
- Parking
- 2
- Parking features
- Covered, On Street, Garage - Attached
- Security features
- Security Lighting
- Fireplace
- 1
- Appliances
- 220 Volt Outlet, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Gas
- Standard status
- Active
- Size
- 3,098 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Central, Forced Air, Electric (Heating), Fireplace(s)
- Cooling system
- Gas (Cooling), Central Air
- Water source
- Public
Building Details
- Year built
- 1981
- Number of units
- 2
- Building materials
- Wood Frame
- Roof type
- Composition
- Architectural style
- Contemporary
Listing agency
Intero Real Estate Services
(408) 357-5700
Listed by
Lino Matos · License #01136395
(408) 394-4881
Added: Jul 19 Updated: Jul 20 at 9:52PM Checked: Jul 21 at 11:06AM
MLS# ML82053893
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This permittedly remodeled duplex includes a complete rebuilt front unit and an updated two-story back unit. The front unit features 4 bedrooms and 3 new baths, a new kitchen with stainless steel appliances and quartz counters with backsplash, new plumbing, fully updated electrical including new main panels, inside laundry, and a private patio off the master bedroom. The front unit also has a 1-car attached garage, new A/C and heating, a new electric water heater, and full insulation across walls, floors, and ceilings.
The back two-story unit offers 3 bedrooms and 2.5 updated baths, with a family room that includes an electric fireplace and a dining area. Updates include new heating and air, recessed lighting and laminate flooring, and a remodeled kitchen with new cabinetry, quartz counters and backsplash, and stainless steel appliances. The back unit also has a large private backyard and a 1-car garage, along with an electrical sub panel.
Additional property improvements cited include a new roof and gutters, new stucco, new windows in the front unit, a new concrete driveway, landscaping with automatic sprinklers, new fences, and new sewer lines under the front unit. The property is described as providing convenient access to Highways 101 and 85.
The back two-story unit offers 3 bedrooms and 2.5 updated baths, with a family room that includes an electric fireplace and a dining area. Updates include new heating and air, recessed lighting and laminate flooring, and a remodeled kitchen with new cabinetry, quartz counters and backsplash, and stainless steel appliances. The back unit also has a large private backyard and a 1-car garage, along with an electrical sub panel.
Additional property improvements cited include a new roof and gutters, new stucco, new windows in the front unit, a new concrete driveway, landscaping with automatic sprinklers, new fences, and new sewer lines under the front unit. The property is described as providing convenient access to Highways 101 and 85.
Key Highlights
- Duplex rebuilt/remodeled with permits; seller reports ~$500k in updates for either investment or owner‑occupied use
- Front unit: 4 bedrooms, 3 new baths, new kitchen with quartz counters/backsplash and stainless steel appliances, inside laundry, private patio off master
- Front unit upgrades include new cooper plumbing, complete new electric wiring, updated electrical main panels, new A/C and heating, and new electric water heater
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.0k | $34.20 |
| − Vacancy | −$4.4k | −$1.43 |
| EGI | $101.5k | $32.77 |
| − OpEx | −$30.5k | −$9.83 |
| NOI | $71.1k | $22.94 |
3,098 SF · lease $34.20/SF/yr · vacancy 4.18% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$888.3K – $1.18M
NOI $71,066 @ 7.0% cap · market cap 3.09%
Second Best
Apartment 5plus
$935.5K
$818.5K – $1.09M
NOI $65,483 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,235 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex with rebuilt front unit and fully updated two-story back unit, each with private outdoor space and garages.
Where is this duplex located?
The property is located at 332 Lastreto AVE Sunnyvale, CA.
What is the asking price?
The asking price for this property is $2,298,888.
What are key features of this property?
This property features: Duplex rebuilt/remodeled with permits; seller reports ~$500k in updates for either investment or owner‑occupied use; Front unit: 4 bedrooms, 3 new baths, new kitchen with quartz counters/backsplash and stainless steel appliances, inside laundry, private patio off master; Front unit upgrades include new cooper plumbing, complete new electric wiring, updated electrical main panels, new A/C and heating, and new electric water heater
