Lucky buyer will live in beautiful Campbell in a very desirable neighborhood. The home needs some work and updating but has great potential to fix up just how you like. This home is spacious with a separate family room, bright kitchen, with larger backyard and bedrooms. Reo-Bank owned property, Listing price $639,000
Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Thursday, September 4, 2008
Top 10 Wealthiest Cities in America
Did you know Sunnyvale is one of the Top 10 Wealthiest Cities in America??
Quick Facts
Population: 140,516
Wealth index: 11.00 points
Note: Positive score indicates local wealth is higher than normal; negative score, lower than normal.
Wealth profile (Ranks in parentheses)
Per capita income: $38,058 (13th of 261)
Median Household income: $79,926 (11th o 261)
Incomes of $200,000 or more: 8.5% (12th of 261)
Upper 20% threshold for income: $148,437 (6th of 261)
Median home value: $708,700 (7th of 261)
Upper 25 threshold for home value: $900,700 (8th of 261)
Note: Study group includes 261 communities with populations above 100,000.
Save Mart Anchored Shopping Center in Fresno, CA
Fresno, Ca
- Purchase Price: $10,270,577
- Cap Rate: 7.25%
- Building Area: 36,461 SF
- Building $/PSF $261
- Year Built 2001
- Occupancy: 87%
- Anchored by newly renovated Save Mart supermarkets
- Tenant Mix includes Carl's Jr., Kragen, Starbucks, Subway, H&R Block, Advance America
- Offering includes Jiffy Lube ground lease
- Neighboring tenants include Walgreens, Ave Hardware, Golden One Credit Union
- Traffic Exposure on Figarden Drive: 55,144 cars per day
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