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PRICE $2,650,000
BEDS 0
BATHS 0
HOME SIZE 4,593 sqft
LOT SIZE 9,048 sqft
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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: [email protected]

LAST UPDATED 12/2/2024 YEAR BUILT 1959
COUNTY Santa Clara STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Ellis Elementary
Jr. High School Sunnyvale Middle
High School Fremont High


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
CONSTRUCTION Frame
LOT 9047 sq ft
LOT DIMENSIONS 9047.00
SEWER Public Sewer
WATER Public
ZONING R4
Listed by Jimmy Castellanos | 408-483-5040, Marcus & Millichap

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 12/4/24 12:46 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2024.


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