Triplex with Updated
New
For Sale
$1,825,000
686 Reseda Drive, Sunnyvale, CA 94087
Two residences have received substantial interior work, with additional recent upgrades to the building exterior and water heater.
Property Size2,974 SF
Lot Size0.15 Acres
Price / SF$613.65
Days on Market6
Property Features for 686 Reseda Drive
General Information
Standard status
Active
Size
2,974 SF
Total Parking Spaces
3
Lot size
0.15 Acres
Property subtype
Residential Income
Zoning
R3
Units
Unit Mix
2 x 3BR/1.5BA, 1 x 1BR
Multifamily Units
3
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$21,653
Amenities
laundry hookups
covered parking
additional storage
Central
Covered, Off Street
Building Details
Building Size
2,974 SF
Year Built
1964
Buildings
1
Stories
2
Listing Agency:
Compass
Listed By:
Bryan Danforth · License #01789680
(650) 274-5227
Source:
Evrealestate
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 3:16AM
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 Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1964, this triplex contains two townhouse-style residences with three bedrooms and one and a half bathrooms each, plus a one-bedroom apartment. Recent work includes replacement windows throughout, exterior painting, new gutters and lighting, and a water heater; two units also received extensive interior renovations. Laundry hookups, covered parking, and storage are provided for each residence.
The property occupies a 6,324-square-foot corner lot in Sunnyvale. It is approximately half a mile from Downtown Sunnyvale and two blocks from Las Palmas Park, with shopping and dining along El Camino Real nearby. The reported Walk Score is 86. The property is also near Cumberland Elementary, Sunnyvale Middle, and Fremont High Schools.
The property occupies a 6,324-square-foot corner lot in Sunnyvale. It is approximately half a mile from Downtown Sunnyvale and two blocks from Las Palmas Park, with shopping and dining along El Camino Real nearby. The reported Walk Score is 86. The property is also near Cumberland Elementary, Sunnyvale Middle, and Fremont High Schools.
Key Highlights
- Triplex on a 6,324 SF corner lot
- Two 3‑bedroom, 1.5‑bath townhouses and one 1‑bedroom apartment
- Year built: 1964
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,222
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,364,440
$1.4M
Cap Rate 7%
$974,600
$974.6K
Cap Rate 9%
$758,022
$758.0K
Market Conditions
NOI Build-Up for 2,974 SF
Gross rent
$101.7K $34.20/SF
− Vacancy
−$4.3K −$1.43/SF
EGI
$97.5K $32.77/SF
− OpEx
−$29.2K −$9.83/SF
NOI
$68.2K $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%
$1,364,440
Cap Rate 7%
$974,600
Cap Rate 9%
$758,022
Alternative Uses
Best Use
Multifamily LT 5
$974.6K
$852.8K – $1.14M
NOI $68,222 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$898.0K
$785.8K – $1.05M
NOI $62,862 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,463 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
Explore this area
Business Placement
Demographics for 94087, CA
58,344
Population
21,429
Households
2.7
Avg Household Size
39
Median Age
77%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
8,840
Density / Sq Mi
$200,778
Median Household Income
$121,243
Median Earnings
$3,222
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Two residences have received substantial interior work, with additional recent upgrades to the building exterior and water heater.
Where is this triplex located?
The property is located at 686 Reseda Drive Sunnyvale, CA.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Triplex on a 6,324 SF corner lot; Two 3‑bedroom, 1.5‑bath townhouses and one 1‑bedroom apartment; Year built: 1964
