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N Fair Oaks Ave, Sunnyvale, CA, 94085

--beds
--baths
4,400sqft
$3,200,000
$727price/sqft
$19,139/moest. monthly cost
$765,560/yrincome needed

About This Home

370 N Fair Oaks Ave is a prime 10-unit investment opportunity located in the thriving city of Sunnyvale. Situated on a 13,529 square foot parcel of land, the subject property was originally constructed in 1953 and has a gross building area of approximately 4,400 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The property features convenient amenities such as an on-site laundry facility and private tenant parking. Sunnyvale is bordered by Cupertino to the south, Santa Clara to the east, Moffett Federal Airfield to the north, and Mountain View to the immediate northwest. While serving as the bustling home to major tech, aerospace, and aviation employers, Sunnyvale also offers a fantastic park and bike trail system, great schools, and a revitalized downtown area filled with boutiques and restaurants. Sunnyvales food, drink, and entertainment options can keep even the most discerning foodie satisfied. The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, 370 N Fair Oaks Ave presents an attractive choice for South Bay renters due to its close proximity to major employers, shopping, dining, and entertainment options.

Getting Around

72
WalkingVery Walkable
39
TransitSome Transit
79
BikeVery Bikeable

Schools

7/10
Bishop Elementary SchoolGrades K-50.4 mi
6/10
Columbia Middle SchoolGrades 6-80.6 mi
9/10
Fremont High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Five Or More Units,Residential Income

Interior

Features

  • Door features: None

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 4,400
  • Total interior livable area: 4,400 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 20530013
  • Zoning: R3
  • Special condition: Standard

Lot

  • Lot size: 0.31 Acres

Parking

  • Total spaces: 10
  • Parking features: Assigned,Common,Parking Area
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,180$194,160
Home Insurance *$203$2,436
Property Taxes $1,813$21,756
Electricity $943$11,322
Total$19,139$229,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$656,194/yr
40% on housing$574,170/yr
45% on housing$510,373/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$727This listing

vs Other Active Listings

Avg $/sqft

ZIP 94085$808
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 94085$1,266
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Price change$3,200,000
2026-05-18Listed for sale$3,650,000

For Sale by Agent

AgentAdam S. Levin
BrokerageMarcus & Millichap

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