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126 W Ahwanee Ave
Sunnyvale, CA 94085 (Snail)
Off Market · Public Record
Contact For Estimate

126 W Ahwanee Ave Sunnyvale, CA 94085

(Snail)
  • 37,136 sqft
  • 1.88 acres lot size
  • Multi-Family
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  • Low crime relative to the rest of Santa Clara county.

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  • 44 Elementary Schools

    21 Middle Schools

    15 High Schools

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Property Details for 126 W Ahwanee Ave


This property is no longer available to rent or buy. This description is from May 16, 2014
The Floriana Apartments are an incredible 68-unit apartment investment opportunity located at 126 West Ahwanee Avenue in highly desirable and rapidly growing Sunnyvale, California. The Floriana has a gross livable area of 37,136 total square feet providing its tenants a spacious average living area of 546 square feet per one-bedroom/one-bath unit, situated on a lot close to two (2) acres. Each unit at The Floriana has full access to a community laundry room, an off-street numbered parking spot, and community pool. Sunnyvale median rents skyrocketed over 13% in 2013 and are projected to ...continue on through 2014-2015 (Marcus & Millichap Research Services), The Floriana Apartments would be a great long-term hold for any potential investor. Sunnyvale (population 140,095) is one of the major cities that make up the Silicon Valley, and is the seventh most populous city in the San Francisco Bay Area. Sunnyvale is bordered by Cupertino to the south, Santa Clara to the east, Moffett Federal Airfield to the north, and Google's home of Mountain View to the immediate northwest. As part of the Silicon Valley, high-tech companies such as Juniper Networks, Fortinet, Google, Apple, LinkedIn, Facebook, NetApp, Spansion, Yahoo!, AppliedMicro and Ariba are headquartered there. Levi's Stadium is a football stadium under construction in Santa Clara, California, as the new home of the San Francisco 49ers. Completion is expected in time for the 2014 National Football League (NFL) season. It will be approximately 3.7 miles from The Floriana Apartments and will undoubtedly lead to more local business, jobs, and further rent increases in this southbay submarket. In addition; the six (6) buildings that comprise The Floriana were constructed in 1964 and lie on a massive 83,940 square foot lot located just 3/4 of a mile, or ten-minute walk, to LinkedIn's new 560,000 square foot campus located at 555 Mathilda Avenue. The new campus, set to be completed in August 2014, is a great example of how this small pocket of Sunnyvale is poised for tremendous near-term upside in commercial and residential rent growth.
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126 W Ahwanee Ave Public Records


Official property, sales, and tax information from county (public) records as of 07/2016:
    • Apartment house (5+ units)
    • Built In 1964
    • Parking Spaces: 68
    • County: Santa Clara
    • 37,136 sqft
    • Stories: 2 story
    • 68 Units
    • Tax Rate Code Area: 9-002
    • Lot Size: 1.88 acres
    • Parking: Open
    • Pool: Pool (yes)
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Affordability

Additional Costs For 126 W Ahwanee Ave


Property Taxes and Assessment of 126 W Ahwanee Ave


Land
Improvement
Total
$7,411,325
+
$8,912,087
=
$16,323,412
Year Tax Assessment Market
2016 $190,372 $16,323,412  N/A
Source: Public Records

Price History & Trends


Price History for 126 W Ahwanee Ave


Date Event Price Source Agents
06/30/2016 Sold view detail $22,500,000 Public records Public records  
  • Recording Date
    06/30/2016
  • Contract Date
    06/30/2016
  • Sale Price
    $22,500,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $24,750
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Grant Deed
09/15/2014 Sold view detail $16,100,000 Public records Public records  
  • Recording Date
    09/15/2014
  • Sale Price
    $16,100,000
09/30/1999 Sold view detail $6,350,000 Public records Public records  
  • Recording Date
    09/30/1999
  • Contract Date
    09/24/1999
  • Sale Price
    $6,350,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $6,985
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Grant Deed

Real Estate Trends in this area

Median sale price for all homes in this area $1,100,000 0% below listing price