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Sold for $2,900,000
  • $2,900,000

    22448 Salem Ave, Cupertino, CA 95014

    9beds
    6baths
    4,380sqft
    Quadruplex, Residential Income
    Built in 1971
    -- sqft lot
    $2,903,800 Zestimate®
    $662/sqft
    $3,335 Estimated rent

    Home value

    $2,903,800

    $2.76M - $3.05M

    $3,335/mo

    Zestimate® history
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    $3,335/mo

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    $18,434/mo

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    What's special

    Four attached garagesOne covered carport
    *Please Do Not Disturb Tenants* Investment opportunity for a beautiful 4-plex on a quiet street in Cupertino. Highly coveted Cupertino Schools. Fully occupied with long term tenants. The building configuration includes a spacious 3 bedroom, 2 bath front unit, a central courtyard surrounded by the additional three 2 bedroom, 1 bath units. A convenient laundry room off of the courtyard.Four attached garages, and one covered carport. The building has a new roof that was installed Spring of 2025, is earthquake retrofitted, and has dual pane windows in all units. A full property and pest inspection have been completed. Most of the repair items from both reports have been addressed. Individual meters with one main building meter for the shared utilities. All units have below market rents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrice R. Horvath 01708418 650-520-7675,

    Illuminate Properties 650-520-7675

    Bought with:

    Connie Miller, 01275848

    Compass

    Source: MLSListings Inc,MLS#: ML82038987MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Heating
    • Central Forced Air Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Electric Oven/Range, Refrigerator, Washer/Dryer
    Features
    • Flooring: Carpet, Laminate, Vinyl Linoleum
    • Doors: Other
    • Windows: Other
    Interior area
    • Total structure area: 4,380
    • Total interior livable area: 4,380 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Covered
    • Garage spaces: 3
    • Carport spaces: 1
    • Covered spaces: 4
    Accessibility
    • Accessibility features: Other
    Features
    • Stories: 2
    Lot
    • Size: 10,454 Square Feet
    Details
    • Parcel number: 32615101
    • Zoning: R322
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • Year built: 1971

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: Cupertino

    Financial & listing details

    • Price per square foot: $662/sqft
    • Tax assessed value: $2,809,080
    • Annual tax amount: $36,625
    • Date on market: 3/17/2026
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    • Inclusions: DishwasherAllUnits, OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    4/16/2026Sold$2,900,000+3.8%$662/sqft
    Source: MLSListings Inc #ML82038987 Report a problem
    3/27/2026Pending sale$2,795,000$638/sqft
    Source: MLSListings Inc #ML82038987 Report a problem
    3/17/2026Listed for sale$2,795,000$638/sqft
    Source: MLSListings Inc #ML82038987 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,625 +2.9%$2,809,080 +2%
    2024$35,599 +1.1%$2,754,000 +2%
    2023$35,199 +192%$2,700,000 +278.2%
    2022$12,056 +1.9%$713,996 +2%
    2021$11,828 +4.1%$699,997 +1%
    2020$11,357 $692,821 +2%
    2019$11,357 +8.8%$679,237 +2%
    2018$10,436 $665,920 +2%
    2017$10,436 +1.9%$652,864 +2%
    2016$10,244 +5.9%$640,064 +1.5%
    2015$9,673 +3.3%$630,450 +2%
    2014$9,363 $618,102 +0.5%
    2013-- $615,309 +2%
    2012-- $603,245 +2%
    2011-- $591,417 +0.8%
    2010-- $586,998 -0.2%
    2009-- $588,393 +2%
    2008-- $576,857 +2%
    2007-- $565,547 +2%
    2006-- $554,459 +2%
    2005-- $543,589 +2%
    2004-- $532,932 +1.9%
    2003-- $523,165 +2%
    2002-- $512,908 +2%
    2001-- $502,852
    Find assessor info on the county website

    Neighborhood: Creston-Pharlap

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: AbrahamLincolnElementary_1
    • Middle: JohnFKennedyMiddle_1
    • High: MontaVistaHigh
    • District: CupertinoUnion

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,903,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,903,800