622 Grand Fir Ave - Apartments FOR SALE


Sunnyvale, CA 94086- Community Center/Sunnyvale
$2,680,000 USD
408-483-5040
622 Grand Fir Ave, Sunnyvale, CA for Sale
$2,680,000 USD
Apartments - FOR SALE
1/24
null | 3.78% Cap Rate

622 Grand Fir Ave
Sunnyvale, CA 94086
Community Center/Sunnyvale


HIGHLIGHTS

  • Located within Sunnyvale's core residential fabric, near downtown Sunnyvale and the Sunnyvale Caltrain Station
  • Sunnyvale apartment rents have increased approximately 7%–8% year over year, reflecting strong rental demand and continued market momentum
  • Minutes from major Silicon Valley employers including LinkedIn, Apple, NVIDIA, AMD, Juniper Networks, and Intuitive Surgical
  • Rare 7-unit offering in a supply-constrained Sunnyvale submarket with significant embedded rental upside
  • Desirable unit mix of one-, two-, and three-bedroom units, appealing to a broad renter pool
  • Fully occupied, providing an investor with immediate, stable in-place income

OVERVIEW

Fully Occupied Asset in a High-Growth Rental Market

FOR SALE DETAILS

PRICE

$2,680,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

7

PRICE/UNIT

$382,857

CAP RATE

3.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,899 SF

ZONING

R4

APN/PARCEL ID

211-03-017

ASK ABOUT THIS PROPERTY

Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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

Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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