370 N Fairoaks Ave - Apartments FOR SALE


Sunnyvale, CA 94085- Lawrence Station
$3,650,000 USD
650-492-0934
370 N Fairoaks Ave, Sunnyvale, CA for Sale
$3,650,000 USD
Apartments - FOR SALE
1/19
null | 4.33% Cap Rate

370 N Fairoaks Ave
Sunnyvale, CA 94085
Lawrence Station


HIGHLIGHTS

  • Prime Silicon Valley Investment Opportunity
  • Convenient Tenant Amenities
  • Prime Sunnyvale Location
  • Notable Local Attractions

OVERVIEW

370 N Fair Oaks Ave is a prime 10-unit investment opportunity located in the thriving city of Sunnyvale. Situated on a 13,529 square foot parcel of land, the subject property was originally constructed in 1953 and has a gross building area of approximately 4,400 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The property features convenient amenities such as an on-site laundry facility and private tenant parking. Sunnyvale is bordered by Cupertino to the south, Santa Clara to the east, Moffett Federal Airfield to the north, and Mountain View to the immediate northwest. While serving as the bustling home to major tech, aerospace, and aviation employers, Sunnyvale also offers a fantastic park and bike trail system, great schools, and a revitalized downtown area filled with boutiques and restaurants. Sunnyvale’s food, drink, and entertainment options can keep even the most discerning foodie satisfied. Local favorites include Faultline Brewing Company, Philz Coffee, the Sunnyvale Farmers Market, and Murphy Avenue from end to end. The city is also home to several notable attractions such as Sunnyvale Municipal Golf Course, Baylands Park, and NASA Ames Research Center. Other nearby attractions include Apple Park, California's Great America, Levi's Stadium, and the Winchester Mystery House. The investment appeal of this asset is driven by Sunnyvale’s strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, 370 N Fair Oaks Ave presents an attractive choice for South Bay renters due to its close proximity to major employers, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

10

PRICE/UNIT

$365,000

CAP RATE

4.33%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,530 SF

ZONING

R3

APN/PARCEL ID

205-30-013

ASK ABOUT THIS PROPERTY

Adam LevinLevin JohnstonMore Info
650-492-0934

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Adam LevinLevin JohnstonMore Info
650-492-0934

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.