Two-Unit Residential Income
526 E Evelyn Avenue Sunnyvale, CA 94086
526 E Evelyn Avenue, Sunnyvale, CA, 94086
$1,695,000
Pending
For Sale
$1,695,000
Pending
Two separate units include a 3-bedroom/1.5-bath front unit plus a 2-bedroom/1-bath detached second unit.
Property Size2,073 SF
Days on Market327
Property Features for 526 E Evelyn Avenue
General Information
- Standard status
- Pending
- Size
- 2,073 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing agency
Jake Zhang, Broker
(408) 230-6566
Listed by
Jake Zhang · License #01401401
(408) 230-6566
Source
Exitrealty
Added: Aug 31, 2025 Updated: Jul 22 at 7:21AM Checked: Jul 22 at 7:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jake Zhang, Broker
Investment Insights
Based on property information with market context.
This two-unit residential income property includes a 1,402 sq. ft. front unit (#526) with 3 bedrooms and 1.5 baths, along with a 671 sq. ft. detached second unit (#528) with 2 bedrooms and 1 bath. The total reported finished area is 2,073 sq. ft., and the property also includes a large 800 sq. ft. unfinished basement.
The property is described as being in Sunnyvale and positioned near shopping and restaurants, a cinema, and a farmers market. It is also noted as being close to the Caltrain station, expressways, freeways, and San Jose International Airport.
The configuration provides two separate living units plus additional basement space, offering a straightforward duplex-style setup for income-oriented ownership.
The property is described as being in Sunnyvale and positioned near shopping and restaurants, a cinema, and a farmers market. It is also noted as being close to the Caltrain station, expressways, freeways, and San Jose International Airport.
The configuration provides two separate living units plus additional basement space, offering a straightforward duplex-style setup for income-oriented ownership.
Key Highlights
- Two separate units: #526 front unit offers 3 beds and 1.5 baths
- Detached second unit #528 features 2 beds and 1 bath
- Total living area reported as 2,073 sq ft across both units (1,402 sq ft + 671 sq ft)
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 | $70.9k | $34.20 |
| − Vacancy | −$3.0k | −$1.43 |
| EGI | $67.9k | $32.77 |
| − OpEx | −$20.4k | −$9.83 |
| NOI | $47.6k | $22.94 |
2,073 SF · lease $34.20/SF/yr · vacancy 4.18% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$679.3K
$594.4K – $792.6K
NOI $47,553 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$626.0K
$547.7K – $730.3K
NOI $43,817 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$900.8K
$788.2K – $1.05M
NOI $63,057 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Loving Dove Home ...
Daycare Center
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FAQs
What type of property is this?
Duplex - Two separate units include a 3-bedroom/1.5-bath front unit plus a 2-bedroom/1-bath detached second unit.
Where is this duplex located?
The property is located at 526 E Evelyn Avenue Sunnyvale, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Two separate units: #526 front unit offers 3 beds and 1.5 baths; Detached second unit #528 features 2 beds and 1 bath; Total living area reported as 2,073 sq ft across both units (1,402 sq ft + 671 sq ft)
