645 Grand Fir Avenue, Sunnyvale, CA 94086
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Listed Price :
$2,650,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1959
Property Description
645 Grand Fir Avenue is 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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
645 Grand Fir Avenue |
| City |
Sunnyvale |
| State |
CA |
| Zip |
94086 |
| County |
Santa Clara |
| Listing Agent |
Jimmy Castellanos DRE #02024152 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$2,650,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
9,047 |
| Year Built |
1959 |
Listing information courtesy of: Jimmy Castellanos, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 6:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
