The Full Story

A once-in-a-generation opportunity in the heart of downtown Sunnyvale. This exceptionally versatile multi-unit property offers the ideal blend of strong investment potential and flexible multigenerational living—rarely found in such a prime location.

Situated just steps from Caltrain (3-minute walk) and the vibrant dining and shopping of Murphy Avenue (5-minute walk), this property places you minutes from major Silicon Valley tech campuses and seamless Bay Area transit.

Two homes on one lot, each with separate addresses, utilities, and parking, creating endless configuration options for income, extended family living, or a hybrid of both.

Front House (320 Angel Ave)

A thoughtfully designed structure with multiple self-contained living setups:

• Main level: 1,027 sq ft  2-bed, 1-bath w/ full kitchen and in-unit laundry

• Upper level: 1,765 sq ft Configurable 2-bed, 2-bath w/ kitchen, full laundry, and private side entrance

• Finished basement: 558 sq ft Flexible bonus space w/ kitchenette and full bath

• Elevator connects floors for seamless multigenerational living

• All units open to a peaceful shared courtyard

• 2-car parking and private patio

• ​Separate Gas & Water Meters

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Back House (324 Angel Ave)

Single level detached house:

• ADU: 982 sq ft 2-bed, 1-bath w/ kitchen and living room

• Bonus room and full-size laundry

• Hardwood Floors 

• Expansive, quiet backyard with multiple mature fruit trees

• 2-car tandem carport parking

• ​Separate Gas & Water Meters

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The property currently functions as four rental units (two 1-bedroom and two 2-bedroom units) totaling approximately 4,332 sq ft, with tile floors throughout. 

Based on current Sunnyvale rental averages, projected income supports an estimated ~4% CAP rate, with upside for savvy investors. There is also future value-add potential, including exploring a second story on the back house to further increase units and revenue.

Recent updates include fresh interior and exterior paint, all new LED designer lighting, new hardware, mirrors, and updated plumbing fixtures, providing a refreshed, move-in-ready feel while still allowing room to modernize major systems over time.

Live in one unit, rent the rest—or create a private family compound in one of Sunnyvale’s most desirable downtown neighborhoods. This is a true must-see property to appreciate the scale, flexibility, and long-term upside.

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