Remodeled Fourplex with Private
For Sale
$2,250,000
632 E Olive Avenue, Sunnyvale, CA 94086
ResidentialIncome, Sunnyvale, CA
Property Size3,782 SF
Lot Size0.19 Acres
Price / SF$594.92
Days on Market17
Property Features for 632 E Olive Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Parking features
Assigned, Carport
Appliances
Dishwasher, ExhaustFan, GarbageDisposal, OvenRangeElectric, OvenRangeGas, Refrigerator, WasherDryer
Elementary school
Sunnyvale
Middle school
SunnyvaleMiddle
High school
FremontUnionHigh
Elementary school district
Sunnyvale
High school district
FremontUnionHigh
Directions
Off S. Fair Oaks, between Hawthorne & Firloch Ave
Subdivision
Sunnyvale
Standard status
Active
APN
209-19-043
Size
3,782 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
26255
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Water source
Public
Amenities
private patios
storage sheds
balconies
dishwashers
in-unit washer/dryer
Building Details
Year built
1966
Floors in Building
2
Number of units
4
Flooring type
Tile, Laminate
Roof type
Composition
Listing Agency:
SiliconValley MultiFamilyGroup
Listed By:
Michael Shields · License #01327546
(408) 356-1900
Added: Oct 5
Changed: Oct 21
Last Checked: Oct 21 at 11:06AM
MLS# ML82063654
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.
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Investment Insights
Based on property information with market context.
This 3,782-square-foot quadplex contains four remodeled residences: two three-bedroom units, one two-bedroom unit, and one one-bedroom unit. Each home has laminate and tile flooring, a dishwasher, and an in-unit stackable washer and dryer. Private outdoor space includes fenced patios with storage sheds for two units and upstairs balconies for the other two. Parking comprises three private garages and two carports. The property was built in 1966 and is zoned R3.
The property is in Sunnyvale, near Murphy Street’s dining, retail, and entertainment businesses. Nearby amenities include grocery stores, shopping centers, and parks. Caltrain and major transportation routes are also accessible in the surrounding area.
The property is in Sunnyvale, near Murphy Street’s dining, retail, and entertainment businesses. Nearby amenities include grocery stores, shopping centers, and parks. Caltrain and major transportation routes are also accessible in the surrounding area.
Key Highlights
- Four units: two 3‑bedroom, one 2‑bedroom, and one 1‑bedroom residence
- 3,782 square feet on a 0.1869‑acre lot
- Three private garages and two carports
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,756
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,735,120
$1.7M
Cap Rate 7%
$1,239,371
$1.2M
Cap Rate 9%
$963,956
$964.0K
Market Conditions
NOI Build-Up for 3,782 SF
Gross rent
$129.3K $34.20/SF
− Vacancy
−$5.4K −$1.43/SF
EGI
$123.9K $32.77/SF
− OpEx
−$37.2K −$9.83/SF
NOI
$86.8K $22.94/SF
Area
Sunnyvale, CA
Vacancy
4.18%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,735,120
Cap Rate 7%
$1,239,371
Cap Rate 9%
$963,956
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.45M
NOI $86,756 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$1.14M
$999.3K – $1.33M
NOI $79,941 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $115,041 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 94086, CA
50,175
Population
21,264
Households
2.4
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
4.4 sq mi
ZIP Area
11,403
Density / Sq Mi
$180,217
Median Household Income
$113,343
Median Earnings
$2,923
Median Rent
$1,784,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four distinct floor plans include private patios, upper-level balconies, and a mix of covered parking.
Where is this quadplex located?
The property is located at 632 E Olive Avenue Sunnyvale, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Four units: two 3‑bedroom, one 2‑bedroom, and one 1‑bedroom residence; 3,782 square feet on a 0.1869‑acre lot; Three private garages and two carports
