Sunnyvale, CA 94086
$2,680,000
Bed
0
Bath
0
Living Space
5,217 SqFt
Year Built
1959
Lot Size
0.25 Acres
Days
7
Rare 7-unit apartment investment opportunity in Sunnyvale, offered at $382,857 per unit. The fully occupied property features an attractive unit mix of one three-bedroom/two-bathroom, two two-bedroom/one-bathroom, and four one-bedroom/one-bathroom units, totaling 5,217 square feet on a 0.25-acre lot. The well-maintained 1959-built property features dual-pane windows throughout and updated Siemens electrical sub-panels. Long-term ownership and current rents provide significant rental upside, with no citywide rent control ordinance currently in place. Sunnyvale's strong rental market has experienced nearly 10% year-over-year rent growth, supporting continued income growth. The property offers a 6.92% pro forma cap rate based on projected market rents. This offering provides an opportunity to acquire a fully occupied Sunnyvale multifamily asset with stable in-place income and a clear path to increased cash flow through unit turnover, consistent rent increases, and continued market rent growth.
Listing provided courtesy ofJimmy Castellanos License 02024152 Marcus & Millichap
Data provided by MLSListings Inc.
Tuesday, September 22
7:00 PM – 8:00 PM
Thursday, September 24
7:00 PM – 8:00 PM
- Ellis Elementary School (Elementary) - GreatSchools rating 7/10 - Sunnyvale Middle School (Middle) - GreatSchools rating 9/10 - Fremont High School (High) - GreatSchools rating 9/10 School District: Sunnyvale School District
Within a 1-2 mile radius of Grand Fir, Sunnyvale, CA, 94086, several parks offer recreational opportunities. These include Ortega Park, known for its playgrounds, basketball and tennis courts, and picnic areas; Las Palmas Park, featuring a playground, skatepark, and dog park; and Fair Oaks Park, which offers facilities for skating and sand volleyball.
The Grand Fir area is part of the Ponderosa neighborhood in Sunnyvale, CA. This neighborhood is situated in the heart of Silicon Valley, offering convenient access to major technology companies. The community is characterized by a mix of housing styles, including apartments, condos, and single-family homes, and benefits from the amenities of the Sunnyvale Community Center and Park.
The Grand Fir area has a Walk Score of 60/100 and a Transit Score of 40/100. Public transportation options include bus lines such as the 22 Palo Alto TC - Eastridge and the 56 Lockheed Martin - Tamien Stn. The nearest Caltrain stations include Sunnyvale Caltrain Station Northbound and Lawrence Caltrain Station Northbound.
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.
- Ellis Elementary School (Elementary) - GreatSchools rating 7/10 - Sunnyvale Middle School (Middle) - GreatSchools rating 9/10 - Fremont High School (High) - GreatSchools rating 9/10 School District: Sunnyvale School District
Within a 1-2 mile radius of Grand Fir, Sunnyvale, CA, 94086, several parks offer recreational opportunities. These include Ortega Park, known for its playgrounds, basketball and tennis courts, and picnic areas; Las Palmas Park, featuring a playground, skatepark, and dog park; and Fair Oaks Park, which offers facilities for skating and sand volleyball.
The Grand Fir area is part of the Ponderosa neighborhood in Sunnyvale, CA. This neighborhood is situated in the heart of Silicon Valley, offering convenient access to major technology companies. The community is characterized by a mix of housing styles, including apartments, condos, and single-family homes, and benefits from the amenities of the Sunnyvale Community Center and Park.
The Grand Fir area has a Walk Score of 60/100 and a Transit Score of 40/100. Public transportation options include bus lines such as the 22 Palo Alto TC - Eastridge and the 56 Lockheed Martin - Tamien Stn. The nearest Caltrain stations include Sunnyvale Caltrain Station Northbound and Lawrence Caltrain Station Northbound.
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.
