Sunday, March 23, 2008

Short Sale Strategies

Nice 4 bedroom, 2 bath home on great street in Santa Clara - short sale situation - listed for 3 months with no offer activity. Now with a trustee sale date just days away, the listing agent got serious and reduced the price to generate huge interest. 3 offers in on the first weekend and hopes of stalling the trustee sale. If you want to get a home sold, especially with the unattractive situation of a short sale, it must be priced to compensate for the headaches and perhaps to fire up the buyer pool. There are many buyers out there and they jump at the great deals.

03/20/2008 Active 06/14/2008 asking $430,000 - 3 and maybe more excited buyers
02/21/2008 Active 06/14/2008 asking $629,000 - no offers
01/10/2008 Active 06/14/2008 asking $714,900 - no offers

Let me know if you want to get your home sold right away. There are solutions available to you.

Bank REO Santana Row Best Floorplan


The most sought-after A3 floorplan is available in Santana Row - facing the Row! - in the DeForest Building as an REO Bank owned property. 1,250 square feet which includes the "catwalk". A good location over Cocolat and Straits - although there will be noise from the nightly revelers at Straits. This is a good deal. Call me for a tour and to write an offer on this rare opportunity. 415-269-6249.

New Great Price on Milpitas Townhouse

315 Ethyl Drive - a very nice 2 bedroom, 1 bath, two story townhouse unit in Milpitas is now priced at $275,000! Just reduced from $309,000. Sellers are motivated to sell. This is a great bargain in this very solid location. The home features a private patio, 1 car garage, private entrance, nice condition and walking distance to the Great Mall and shopping on Calaveras Blvd. The community also has a very nice pool. Call me for a tour at 415-269-6249.

Wednesday, March 19, 2008

Bank Auctions vs Short Sales vs REOs

The banks are understanding how to get the best prices for their new inventory of homes. Advertise the hell out of a public auction, cram 5,000 people into the Cow Palace (or any other convention center of choice), provide easy financing to all who have a FICO score anywhere near 600 and price these homes at ridiculously low prices. Recent example: $550,000 value Belmont home, now REO, listed in brochure for $275,000 - what a deal! - 10 buyers bidding on this home and one "winner" happy to take the keys for $620,000! Good luck with that one. This makes sense why banks are more apt to let a property go to foreclosure than deal with a short sale.

Saturday, March 15, 2008

Team in Training Fundraiser @ Xanh this Wednesday

Please come and have a great time at the new bar & lounge at Xanh in Mountain View this Wednesday March 19th. From 5:30-7:30pm, 25% of the bar sales will be donated to the Leukemia & Lymphoma Society. This is a great way to blow off some steam from work and raise money for a great cause. Address is 110 Castro Street. Bring amigos!

Thursday, March 13, 2008

Best value townhome in Milpitas...


This is a very well priced 2 bedroom townhouse style unit in Milpitas. Access to 237,880 and 680. Located in a quiet section of the complex with a fenced patio. This unit has a 1 car garage plus parking on driveway for additional car. This home is a clean, bright, two story unit with hardwood floors through out and granite countertops in the kitchen. This is the best value for a town home in Milpitas today…
Come and See...

Call me for any of your Real Estate Needs...

Just Remodeled Home in Nice Neighborhood





Gorgeous remodel. New interior, exterior and landscaping. Huge master suite, new bathroom with spa tub. Was 4 bedroom original floor plan. Now is a 3 bedroom huge master bedroom suite with added den (not included in square feet). Double pane windows, tile roof, new interior paint, hardwood floors just refinished, new texturing and more. This home is stunning. Baker Elementary - A California Distinguished School is walking distance


-3 bedrooms and 2 full baths, built in 1960.
-Approximately 1,465 square feet of living space, 6090 lot size.
-A thorough and stunning renovation was just completed
-Huge master suite with office adjacent and two large closets with organizing systems in the dressing area.
-Master bath with new spa tub, new tile floors & tile surround, new double sink vanity and stone vanity top with new faucets & light fixtures.
-Kitchen with large island, granite counters, all new Kenmore stainless steel appliances (side by side refrigerator, dishwasher, trash compactor, microwave, wall oven & 5 burner gas island stove top), custom cabinets with roll out drawers, 6 glass display doors, new sink & Price Pfister integrated spray faucet and herb garden window above sink.
-Office addition permit work was started and not finished by a previous owner.
-Central gas forced air heating and central air conditioning
-New Kenmore washer & dryer in garage
-Wood burning fireplace with gas starter, new tile face & skirting
Skylights in both bathrooms, office and kitchen
-Dining area with custom built buffet, granite top & glass display doors
-All new sod, new trees, plants, sprinkler system front & back, tile front porch, painted rear patio and redwood bark ground cover.
-New six panel interior doors, new hardware throughout & new lighting
-Excellent Moreland Schools - Baker Elementary - a California Distinguished school, Moreland Middle & Prospect High School all nearby
-Nearby great shopping and dining at Westgate Mall and El Paseo de Saratoga shopping center

Wednesday, March 12, 2008

Commercial Brokerage Cooperation and Non-Cooperation

I understand commercial real estate agents and brokerages want to keep their listings to themselves. This will eventually make the company receive 100% of the commission on the sale. My big difficulty is - this under-exposes the listing and the seller gets a lower price due to it's poor exposure. I just ran across a listing that required an electronically signed statement by the buyer's agent for, get this, 0% commission! I gripe at the 1% fees offered out. I really gripe (and then blog about it) when I have to sign a document that gets me NOTHING! Does this help the seller? Can I effectively market the listing to my buyer? GRRRRR....

Sunday, March 9, 2008

Team In Training Happy Hour Fundraiser at Xanh March 12th

At Xanh I have set up a fundraiser perfect for all of us.

What we drink at the bar & lounge between 5:30-7:30 on Wed March 12th, 25% of your drinks tab will go to the Leukemia & Lymphoma Society via Team in Training.

So please make time, bring a friend or two and come have a drink next week.
110 Castro Street in Mt View.

Remember to mention Team in Training to the bartender or waitress.

This goes towards my goal of raising $5,000 for L&L while running the San Diego marathon on June 1st.

See you soon and let me know if you are coming so we can have a good head count,

Thanks!

- Mario

Nice 3 bedroom Bank REO Townhome in Milpitas $349,900

3 bedrooms, 1 bath, fenced yard, low HOA dues, 1 car garage, convenient location to 237, 880 & 680 all for $349,900. Bank owned property. Easy transaction. Let me show you this great opportunity before it sells. The market is heating up in this category - 3 pending sales in this price point.

Friday, March 7, 2008

Great Investment Opportunity


Very solid rental investment property at the gateway of booming downtown San Jose. This well-located apartment building has been very well kept as well as upgraded over the last years. All units have newer central HVAC systems, double pane windows, new doors and other upgrades. There is good parking for the building both in the front and back. Fully occupied investment property - come look!
Great condition apartment building. Your buyers will be pleased. Building has underwent the airport upgrades and is now in excellent shape. Not your typical downtown building.

Please contact Mario Pinedo for any information
Bus:408-342-3155
mario@interorealestate.com

Best Deal in Silver Creek Country Club


GORGEOUS PROPERTY!!! EXCELLENT CONDITION!!! BEST DEAL IN SILVER CREEK COUNTRY CLUB!! VIEW OF MOUNTAINS!! BRITE & OPEN FLOOR PLAN WITH HIGH CEILINGS* LOTS OF WINDOWS!!* GRANITE KITCHEN COUNTERTOPS* NEWLY REFINISHED KITCHEN CABINETS* TILE ISLAND* UPGRADED CARPET* DOWNSTAIRS GUEST SUITE* STUNNING OFFICE WITH CUSTOM BUILT-IN CHERRY WOOD CABINETRY* ATTAHCED 3 CAR GARAGE* ENJOY POOL & JACUZZI*

Please call Mario Pinedo, CCIM Intero Real Estate Services
for any information on this property
Bus:408-342-3155
mario@interorealestate.com

Bank Owned REO Condo in Mountain View

I just toured this very nice 2 bedroom, 1 bath condo in Mountain View at $349,900 for 894 square feet that was a very good deal. It was a short sale for months and is now wholly owned by the bank and finally deliverable without all the headaches of a short sale. Near Castro Street and off of Middlefield and HWY 85. Call me to tour asap!

New loan guidelines and higher limits

Yulin Lee of Opes Advisors - she is my go-to lender - submitted this press release on the new loan limits by Fannie Mae:

Fannie Mae Implements Jumbo-Conforming Mortgages
As of this morning, Fannie Mae announced that it will increase its conventional loan limits to a maximum of $729,750 for single family homes. This increase is a temporary one, and is good through the end of 2008.

This new "breed" of loans between $417K - $729,750 are being called Jumbo-Conforming loans, and Fannie Mae has published details on borrower and product eligibility, underwriting, pricing, and delivery of these loans for certain high-cost areas.

Here's a quote from Fannie Mae:
"To help provide liquidity to this market segment, we will accept whole loans and MBS deliveries of Jumbo-Conforming Mortgages starting April 1, 2008 for 15- and 30-year FRMs, and starting May 1, 2008 for 5/1 ARMs. A 5/1 ARM with a 10-year interest-only period will be available in addition to fully amortizing options."

Ten Bay Area counties will have their limits raised to the new maximum loan limit of $729,750 for all three types of loans (FHA, Fannie Mae, Freddie Mac). Those 10 counties include: Alameda, Contra Costa, Marin, San Francisco, San Mateo, San Benito, Santa Clara, Santa Cruz, Napa and Monterey.

What we still don't know is when the lenders will start rolling out programs with the new loan limits and pricing. We expect it to be in the next couple of weeks. If you are interested in learning more about the details and how this change might impact you, feel free to give me a call.


Below are some useful links for more info:

http://www.ofheo.gov/newsroom.aspx?ID=418&q1=1&q2=None
https://entp.hud.gov/idapp/html/hicost1.cfm

Change Is In the Air

In an effort to continue serving my clients with the best products and services available, I have recently changed company. I am excited to tell you that I am now with Opes Advisors in Palo Alto. In my capacity as your Mortgage Advisor, I will continue to support you and serve you with all your Mortgage Planning & real estate investment needs.

To learn more about Opes Advisors, please check us out at www.opesadvisors.com.



Yulin S. Lee, MBA, CMPS
Mortgage Advisor
Building Wealth, One Piece At A Time!

Phone: 650-799-8768
www.yulinlee.com
www.yulin-lee.blogspot.com

Thursday, March 6, 2008

Shopping Center for sale Sacramento Roseville

There is a very nice, bite size two tenant retail shopping center pad for sale in Roseville. Offered at $2,200,000, this is a 4 year old property, fully occupied by a strong restaurant tenant (we love restaurants and dental practices - if you ask why - I'll get in to it) and a small office retail space occupied by Nationwide Insurance. Decent cap rate of 6.75%, with 10 year money at approximately 6.4%. The IRR on this deal is over 10% before tax and 8% after tax. This would make a very good investment property.

Immaculate home in West San Jose


Gorgeous remodel. New interior, exterior and landscaping. Huge master suite, new bathroom with spa tub. Was 4 bedroom original floor plan. Now is a 3 bedroom huge master bedroom suite with added den (not included in square feet). Double pane windows, tile roof, new interior paint, hardwood floors just refinished, new texturing and more. This home is stunning. Baker Elementary - A California Distinguished School is walking distance.

Located at 2098 Arrowood Lane, San Jose CA
Open House Saturday 3-8-2008 1:30pm - 4:30pm and Sunday 3-9-2008


Call me for a personal tour at 408-342-3155

Silicon Valley Rents on the Rise....

Our good friends at Cal-Western Property Management have the following duplex units for rent across the valley. They have a very small inventory of available rental units. Most of their portfolio is happily rented or leased. At these rents, the duplex market is a good opportunity to invest in because prices have been weakend a bit by the financing shake up.

-Los Gatos- 671 Vasona Ct. $1700 monthly rent 3/2 Dplx: frplc/patio/pool/frig/wdhkp/yard- 1300sqft garage

-Mt. View- 210 Kittoe Dr. #A $1700 monthly rent 3/1.5 Dplx: dspl/lndryrm/patio/frig/yard- 1100sqft carport

-San Jose Almaden- 6546 Crown Blvd. $2395 monthly rent 3/2 Dplx: dshw/frplc/dspl/patio 1700sqft 2-car

- San Jose Downtown- 766 Vestal St. $1550 monthly rent 3/1 Dplx: lndryrm/frig/wdhkp 954sqft 1 car space

-San Jose South- 775 Blossom Hill Rd. $1695 monthly rent 3/2 Dplx: dshw/dspl/lndryrm/patio/frig/yard 1200sqft 1 car

Little Saigon San Jose by Jade Pham

A very good friend of mine wrote this open letter regarding the turmoil over the naming of the 1 mile strip of commercial property on Story Road between Hwy 101 and Senter Road. I thought it was worth distributing so we can all have a better perspective of what goes on in the valley:

Hello Everyone:

These past few months, I have followed the Little Saigon controversy closely in San Jose. For the neophyte, this appears to be an issue of naming a business zone in San Jose. But lack of city leadership has turned this into so much more than that. It has become an issue of holding public officials accountable for their words and actions and after last night's council vote, it has become an issue of our city government's deliberate refusal to listen to the pleas of their constituents.

Cut through the rumors and conjecture, the facts are these - several months ago, amid public pressure, Councilwoman Madison Nguyen held a public forum at Yerba Buena Highschool. When attendees urged her to forego her original plans of naming the zone "Viet Nam Business Town,"
she responded by saying it didn't matter what she or anyone in that room wanted. She instead said that the city of San Jose would conduct a survey in that area and poll the residents & business owners - THE RESULTS OF THIS SURVEY would most influence the naming of this zone.
Flash forward a few months, the city-conducted survey resulted with Little Saigon being the clear favorite with "Saigon Business District"
being eighth and dead last. As a matter of fact, every survey conducted thus far - while not unanimous - has Little Saigon soaring above all others. Councilwoman Nguyen later held a press meeting, declaring "Saigon Business District" as the proposed name and led the City Council to a November 20th, 8-3 vote in favor of SBD.

After deafening public outcry and countless demonstrations by thousands of Vietnamese people in support of Little Saigon, last night, the city council voted to rescind the Saigon Business District.
But instead of ending the matter by listening to the hundreds of people who spent hours in line to voice their support for Little Saigon, by a 7-4 vote, the city council voted to leave the naming of a zone to the business owners of that area. They then issued apologies for mishandling this issue and urged reconciliation and peace. Madison said she wanted to put this issue behind her and move on to more serious and pressing city issues.

Where I stand – while Little Saigon isn't the clear choice for every Vietnamese American in San Jose (initially, it wasn't mine either), it is the overwhelming majority choice. If by now you can't admit this, you're feigning ignorance. At any of the previous City Council meetings these past few months, you can't feign deafness to the growing chants of Little Saigon. Nor can you claim blindness to the hundreds of signs made out of Sharpies on the back of discarded calendars or the paper-clipping of support tags on people's shirts all in support of ONE name – Little Saigon.

This is no longer simply a "Vietnamese issue" but an American issue - it's about being heard by your government and having a say. It's about holding a city official responsible when she publicly outlines a process of naming a district and then unilaterally dismissing this process when the results are not to her liking. Breaking promises, ignoring and then urging people to move past the issue on to more "important issues" is dismissive and is the equivalent of a child who steals and then tells her parents they should focus on more important things like paying their taxes.

I urge you to forward this email to everyone you know so that they will be better informed about this situation should they ever wonder, "What's the big deal about Little Saigon?" If this email has awakened your sense of right and wrong, I implore you to flood the San Jose council with emails and phone calls expressing your disgust and disappointment with their deliberate refusal to acknowledge the Vietnamese people of San Jose and with their easy acceptance of the corruption of the democratic process. If you are half as incensed as I am and downright unwilling to believe that there is a city in America that not only allows their city council member to lie but then supports her afterwards, then forward this email to your city officials, flood their phone lines with your position, stand next to me at the rallies and voice your will at Tuesday's council meetings. I will be honored to shake your hand.

It's time we show our city officials that we are organized, we are passionate and we will not go away.

Jade Pham

AGAINST LITTLE SAIGON
Chuck Reed mayoremail@sanjoseca.gov 408.535.4800
Forrest Williams District2@sanjoseca.gov 408.535.4902
Sam Liccardo District3@sanjoseca.gov 408.535.4903
Nora Campos District5@sanjoseca.gov 408.535.4905
Madison Nguyen District7@sanjoseca.gov 408.535.4907
Judy Chirco District9@sanjoseca.gov 408.535.4909
Nancy Pyle District10@sanjoseca.gov 408.535.4910

FOR LITTLE SAIGON
Pete Constant District1@sanjoseca.gov 408.535.4901
Kansen Chu District4@sanjoseca.gov 408.535.4904
Pierluigi Oliverio District6@sanjoseca.gov 408.535.4906
Vice Mayor David D Cortese District8@sanjoseca.gov 408.535.4908

Tuesday, March 4, 2008

Duplexes, Fourplexes and Apartment Building Short Sales we are tracking...

This is a list of short sale multi-family residential investment properties that we are tracking in the greater San Jose market. Let me know if you want to run some numbers and see how this can work for you.

Street Address List Price City Zip Code
355-61 S WILLARD AV 3700000 San Jose 95126
141 W HAMILTON AV 950000 Campbell 95008
439 N 8TH ST 839888 San Jose 95112
496 W NORTHLAKE DR 839000 San Jose 95117
3155 WILLIAMSBURG DR 830000 San Jose 95117
994 ZARICK DR 825000 San Jose 95129
32 MANNING AV 825000 San Jose 95127
4295 CAMDEN AV 819900 San Jose 95124
2944 DRIFTWOOD DR 768888 San Jose 95128
5547 THORNWOOD DR 750000 San Jose 95123
4057 BARRYMORE DR 739000 San Jose 95117
1837 MESITA WY 735900 San Jose 95124
1419 ESSEX WY 729000 San Jose 95117
5222 SNOW DR 724000 San Jose 95111
1047 OAKMONT PL 720000 San Jose 95117
180 E YOUNGER AV 700000 San Jose 95112
1517 POMONA AV 699000 San Jose 95110
357 LELAND AV 695000 San Jose 95128
155 OAK ST 690000 San Jose 95110
261 S 22ND ST 689999 San Jose 95116
446 DOMA DR 689000 San Jose 95117
734 DAILEY AV 680000 San Jose 95123
269 WASHINGTON ST 680000 San Jose 95112
700 BANFF ST 680000 San Jose 95116
936 PREVOST ST 679000 San Jose 95125
650 S CYPRESS AV 670000 San Jose 95117
700 BANFF ST 660000 San Jose 95116
188 GRAMERCY PL 650000 San Jose 95116
1025 N 6TH ST 650000 San Jose 95112
5509 RUSSO DR 649784 San Jose 95118
2208 CAMDEN AV 640000 San Jose 95124
822 HARLISS AV 629000 San Jose 95110
229 S 33RD ST 620000 San Jose 95116
213 LYNETTE WY 615999 San Jose 95116
695 BANFF ST 604999 San Jose 95116
323 E HUMBOLDT ST 600000 San Jose 95112
921 S 11TH ST 600000 San Jose 95112
1219 VINE ST 600000 San Jose 95110
80 EASTWOOD CT 595000 San Jose 95116
714 VESTAL ST 589000 San Jose 95112
654 S SUNSET AV 579000 San Jose 95116
727 BANFF ST 571000 San Jose 95116
260 N 17TH ST 550000 San Jose 95112
2470 CLYDA DR 499000 San Jose 95116
409 N 9TH ST 479888 San Jose 95112
24 S 21ST ST 429900 San Jose 95116

Current Single Family, Townhouse & Condo Short Sales we are tracking in Silicon Valley

This is a partial list of the great purchase opportunities we are tracking in the valley. Let us know if you want to see any of these.

Street Address List Price City Zip Code
230 N MURPHY AV 999000 Sunnyvale 94086
4397 LAIRD CI 959000 Santa Clara 95054
654 TULANE DR 899950 Santa Clara 95051
4496 HEADEN WY 815000 Santa Clara 95054
10356 MENHART LN 750000 Cupertino 95014
1364 NORMAN DR 731364 Sunnyvale 94087
1091 LUND TE #00043 730000 Sunnyvale 94089
3395 CABRILLO AV 719000 Santa Clara 95051
18624 LOREE AV 709500 Cupertino 95014
1249 OAK CREEK WY 700000 Sunnyvale 94089
3427 LAGUNA CT 699000 Santa Clara 95051
713 SANTA RITA ST 699000 Sunnyvale 94085
533 SEQUOIA DR 699000 Sunnyvale 94086
1777 POMEROY AV 690000 Santa Clara 95051
1632 CABRILLO AV 685500 Santa Clara 95050
4726 ARMOUR DR 684888 Santa Clara 95054
263 VELVETLAKE DR 680000 Sunnyvale 94089
1128 PRESCOTT AV 679000 Sunnyvale 94089
2543 BORAX DR 679000 Santa Clara 95051
774 SANTA PAULA AV 675000 Sunnyvale 94085
745 SAN SIMEON ST 669000 Sunnyvale 94085
2111 PRUNERIDGE AV 658888 Santa Clara 95050
1749 LOS PADRES BL 650000 Santa Clara 95050
418 S MARY AV 650000 Sunnyvale 94086
1763 HIGGINS AV 649000 Santa Clara 95051
1196 BLACKFIELD DR 649000 Santa Clara 95051
922 BARSTOW CT 640000 Sunnyvale 94085
1035 BLAZINGWOOD DR 635000 Sunnyvale 94089
3226 SAN JUAN AV 630000 Santa Clara 95051
685 HAMILTON LN 629000 Santa Clara 95051
530 PORPOISE BAY TE #UNIT C 619000 Sunnyvale 94089
1796 BOWERS AV 615000 Santa Clara 95051
937 BAIRD AV 610000 Santa Clara 95054
2611 BENTON ST 609950 Santa Clara 95051
2128 MONTEREY AV 600000 Santa Clara 95051
372 GREENLAKE DR 599950 Sunnyvale 94089
827 BAIRD AV 599950 Santa Clara 95054
725 KIELY BL 599000 Santa Clara 95051
1001 E DUANE AV 599000 Sunnyvale 94085
835 SAN PIER CT 599000 Sunnyvale 94085
1167 TUCSON AV 599000 Sunnyvale 94089
294 W EAGLEWOOD AV 599000 Sunnyvale 94085
2629 MEADOWBROOK DR 598888 Santa Clara 95051
2055 MONROE ST 598000 Santa Clara 95050
125 CONNEMARA WY #00016 595000 Sunnyvale 94087
1133 CROWLEY AV 588888 Santa Clara 95051
1334 SANDIA AV 579000 Sunnyvale 94089
925 FAIRWOOD AV 579000 Sunnyvale 94089
993 LAURIE AV 575000 Santa Clara 95054
779 LAURIE AV 575000 Santa Clara 95054
3347 CASHDAN CT 559000 Santa Clara 95051
460 N FAIROAKS AV 550000 Sunnyvale 94085
1290 BLACKFIELD DR 550000 Santa Clara 95051
730 SANTA SUSANA ST 550000 Sunnyvale 94085
3119 AGATE DR 549000 Santa Clara 95051
3210 MACHADO AV 540000 Santa Clara 95051
565 GRESHAM AV 540000 Sunnyvale 94085
363 STOWELL AV 540000 Sunnyvale 94085
2025 JACKSON ST 539000 Santa Clara 95050
2592 GLADE DR 539000 Santa Clara 95051
979 PINTO PALM TE #10 538000 Sunnyvale 94087
638 E DUANE AV 535000 Sunnyvale 94085
710 LAKEBIRD DR 532380 Sunnyvale 94089
1905 HOGAN DR 530000 Santa Clara 95054
1935 HOGAN DR 530000 Santa Clara 95054
2115 HOGAN DR 530000 Santa Clara 95054
842 DWIGHT AV 528000 Sunnyvale 94086
1331 TORRANCE AV 525000 Sunnyvale 94089
3901 LICK MILL BL #420 524000 Santa Clara 95054
608 ARCADIA TE #00104 519000 Sunnyvale 94085
756 SAN MIGUEL AV 518899 Sunnyvale 94085
1157 BLAZINGWOOD DR 515000 Sunnyvale 94089
616 CYPRESS AV 499950 Sunnyvale 94085
879 ACACIA AV 499000 Sunnyvale 94086
828 SAN PIER CT 499000 Sunnyvale 94085
2282 CREEK BED CT 499000 Santa Clara 95054
4709 SNEAD DR 499000 Santa Clara 95054
1385 SOCORRO AV 490000 Sunnyvale 94089
674 LAKEFAIR DR 489999 Sunnyvale 94089
250 SANTA FE TE #00320 485000 Sunnyvale 94085
1754 CABRILLO AV 469000 Santa Clara 95050
781 N FAIROAKS AV #00003 469000 Sunnyvale 94085
755 N FAIROAKS AV #00004 464900 Sunnyvale 94085
1273 CIVIC CENTER DR 450888 Santa Clara 95050
120 SARATOGA AV #00084 449000 Santa Clara 95051
929 E EL CAMINO REAL #416E 449000 Sunnyvale 94087
2580 Homestead RD #7103 429000 Santa Clara 95051
1400 BOWE AV #01807 420000 Santa Clara 95051
1730 HALFORD AV #00139 410000 Santa Clara 95051
755 N FAIROAKS AV #00003 399950 Sunnyvale 94085
3041 KAISER DR #A 399000 Santa Clara 95051
1123 REED AV #C 395888 Sunnyvale 94086
3901 Lick Mill BL #263 375000 Santa Clara 95054
880 E FREMONT AV #634 359999 Sunnyvale 94087
871 W CALIFORNIA AV #0000C 350000 Sunnyvale 94086
946 KIELY BL #0000E 320000 Santa Clara 95051
1750 HALFORD AV #00317 279000 Santa Clara 95051
980 KIELY BL #00128 262000 Santa Clara 95051

Monday, March 3, 2008

San Jose & Sunnyvale Fourplexes

There are some very good opportunities that we are tracking in the 4plex market in Silicon Valley. Four buildings in Sunnyvale look very good. Also, there is a blossom valley 4plex that is in great shape AND has the 5th best price per square foot in the valley. This market has also been affected by financing and seems like a great buying opportunity.