332 Lastreto Avenue Sunnyvale, CA 94085
Turnkey remodeled duplex featuring updated kitchens, modernized systems, and private outdoor space for the front and back units.
Property Features for 332 Lastreto Avenue
General Information
- Standard status
- Active
- Size
- 3,098 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1981
Listing office Intero Real Estate Services (408) 394-4881
Listing date Jul 12, 2026
Source Exitrealty
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Investment Insights
Based on property information with market context.
The back two-story unit offers three bedrooms and two and a half updated bathrooms, with a family room that includes an electric fireplace. It has a remodeled kitchen with new cabinets, quartz countertops/backsplash, stainless steel appliances, updated heating and air, laminate floors, and recessed lighting. The back unit also includes a large private backyard and a one-car garage, with an updated electrical sub panel.
Additional permitted improvements 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 having convenient access to Highways 101 and 85 and nearby Silicon Valley technology companies.
Key Highlights
- Remodeled duplex built in 1981 with complete front unit rebuild and permitted improvements, plus a 2‑story back unit with extensive updates
- Front unit: 4 bedrooms, 3 new baths, new kitchen with stainless steel appliances, quartz counters/backsplash, inside laundry, and a private patio off the master
- Back unit: 3 bedrooms with 2.5 updated baths, remodeled kitchen with new cabinets, quartz counters/backsplash, stainless steel appliances, and a family room with electric fireplace
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 |
