Sunnyvale, CA 94086
$11,600,000
Bed
0
Bath
0
Living Space
19,230 SqFt
Year Built
1963
Lot Size
0.84 Acres
Days
197
$800,000 PRICE REDUCTION - NEW PRICE $11,600,000. SELLER IS TARGETING A YEAR END CLOSING AND ENCOURAGES OFFERS. Offering Memorandum and DD File available. Element Apartment Homes is an extensively renovated 26 unit apartment community offering strong in place income with limited near term capital requirements. The property has undergone a comprehensive renovation program with more than $1.35 million in capital improvements. All units feature private in unit washer and dryer and upgraded electrical subpanels, providing enhanced capacity and tenant appeal. Additional capital improvements include roof replacement, seismic retrofit, dual pane windows, copper plumbing, extensive interior renovations, and more. The property continues to offer upside in existing rents, supported by strong rent growth across Sunnyvale. Sunnyvale apartment rents increased 7%+ year-over-year in Q2 2026, supporting continued rental upside. The property is positioned in the core of Silicon Valley with close proximity to Apple, Google, NVIDIA, LinkedIn and OpenAIs new Silicon Valley campus, placing it within one of the regions primary AI and technology employment corridors.
Listing provided courtesy ofMitchell Zurich License 01870648 Marcus & Millichap
Data provided by MLSListings Inc.
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- Vargas Elementary (Elementary) - GreatSchools rating 1/10 - Braly Elementary (Elementary) - GreatSchools rating 4/10 - Ponderosa Elementary (Elementary) - GreatSchools rating 4/10 - Ellis Elementary (Elementary) - GreatSchools rating 4/10 - Cumberland Elementary (Elementary) - GreatSchools rating 5/10 - Bishop Elementary (Elementary) - GreatSchools rating 2/10 School District: Sunnyvale School District
Within a 1-2 mile radius of Coronado, Sunnyvale, CA, 94086, several parks offer recreational opportunities. These include Braly Park, Sunnyvale Arboretum, and Sunnyvale Tennis Center. Ortega Park, known for its Victorian theme and 18.16 acres, is also nearby, offering picnic sites and BBQ facilities. Additionally, Las Palmas Park, Fair Oaks Park, and Baylands Park are within reach, providing diverse amenities like playgrounds, sports fields, and nature trails.
The neighborhood surrounding Coronado in Sunnyvale, CA, 94086, is identified as the Ponderosa neighborhood. This area is characterized by its proximity to local businesses, dining options, and community amenities. Sunnyvale itself is known for its diverse population and technological industry, with major corporations like Yahoo and Lockheed Martin having a presence. The community offers a mix of residential and business structures, contributing to job opportunities and a variety of dining experiences.
The Ponderosa neighborhood in Sunnyvale has a Walk Score of 80 out of 100, indicating it is "Very Walkable," meaning most errands can be accomplished on foot. The Transit Score is 50 out of 100, categorized as "Good Transit," with many nearby public transportation options. Bus lines serving the area include the 22, 55, Rapid 523, and Rapid 522, among others. Rail lines such as Express, Local Weekend, Local Weekday, and Limited are also accessible.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Vargas Elementary (Elementary) - GreatSchools rating 1/10 - Braly Elementary (Elementary) - GreatSchools rating 4/10 - Ponderosa Elementary (Elementary) - GreatSchools rating 4/10 - Ellis Elementary (Elementary) - GreatSchools rating 4/10 - Cumberland Elementary (Elementary) - GreatSchools rating 5/10 - Bishop Elementary (Elementary) - GreatSchools rating 2/10 School District: Sunnyvale School District
Within a 1-2 mile radius of Coronado, Sunnyvale, CA, 94086, several parks offer recreational opportunities. These include Braly Park, Sunnyvale Arboretum, and Sunnyvale Tennis Center. Ortega Park, known for its Victorian theme and 18.16 acres, is also nearby, offering picnic sites and BBQ facilities. Additionally, Las Palmas Park, Fair Oaks Park, and Baylands Park are within reach, providing diverse amenities like playgrounds, sports fields, and nature trails.
The neighborhood surrounding Coronado in Sunnyvale, CA, 94086, is identified as the Ponderosa neighborhood. This area is characterized by its proximity to local businesses, dining options, and community amenities. Sunnyvale itself is known for its diverse population and technological industry, with major corporations like Yahoo and Lockheed Martin having a presence. The community offers a mix of residential and business structures, contributing to job opportunities and a variety of dining experiences.
The Ponderosa neighborhood in Sunnyvale has a Walk Score of 80 out of 100, indicating it is "Very Walkable," meaning most errands can be accomplished on foot. The Transit Score is 50 out of 100, categorized as "Good Transit," with many nearby public transportation options. Bus lines serving the area include the 22, 55, Rapid 523, and Rapid 522, among others. Rail lines such as Express, Local Weekend, Local Weekday, and Limited are also accessible.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.