Property Details
About this Property
Jimmy Castellanos is excited to introduce 645 Grand Fir Avenue, an exceptional multifamily investment opportunity located in the vibrant city of Sunnyvale, CA, at the heart of Silicon Valley. This six-unit community, built in 1959, features a total of 4,593 square feet of living space and is situated on a generous 9,047 square foot lot. The unit mix includes one spacious three-bedroom owners unit with multiple entrances, three two-bedroom units, and two one-bedroom units, providing a diverse offering for potential tenants. Currently, the property averages rents just over $2,500 per unit per month, with rents approximately 6% below market rate. Listed at a competitive price per unit of $441,666, the property presents a significant value proposition, especially when compared to the median home price in Sunnyvale, which has soared to $1,900,000 over the past year. This substantial price difference between multi-family properties and single-family homes provides investors with promising appreciation potential as the region continues to develop. contact: jcastellanos@marcusmillichap.com
MLS Listing Information
MLS #
ML81987719
MLS Source
MLSListings, Inc.
Days on Site
2
Interior Features
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Carport, Common Parking Area, Garage: 0 Car(s)
Elementary District
Sunnyvale
High School District
Fremont Union High
Sewer
Public Sewer
Water
Public
Zoning
R4
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 3 | 2/0 | $3,300 | $3,650 | 1 |
| 2 | – | 2 | 1/0 | $2,560 | $2,695 | 3 |
| 3 | – | 1 | 1/0 | $2,180 | $2,250 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
645 Grand Fir Ave is a Residential Income in Sunnyvale, CA 94086. This 4,593 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,650,000 and was built in 1959. This address can also be written as 645 Grand Fir Ave, Sunnyvale, CA 94086.
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This listing information is up-to-date as of December 03, 2024. For the most current information, please contact Jimmy Castellanos, (408) 483-5040
