748 Carmel Avenue Open House Save Request In-Person Tour Request Virtual Tour
Sunnyvale,CA 94085
OPEN HOUSE
Tue Dec 02, 11:30am - 1:00pm Thu Dec 04, 11:30am - 1:00pm Sat Dec 06, 11:30am - 1:00pm
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,708 sqft
Price per Sqft $546
MLS Listing ID ML82028387
Year Built 1959
Lot Size 9,000 Sqft
Property Sub-Type Other
Property Description
Marcus & Millichap is pleased to present 748 Carmel Avenue, a rare six-unit apartment complex in one of Sunnyvales most desirable rental pockets. The property features four spacious 1-bedroom/1-bathroom units and two large 2-bedroom/1-bathroom units, offering a balanced unit mix for both stability and rent growth. With a current CAP rate of 4.91% and a 13.29 GRM, the property provides strong in-place income with additional upside through capital improvements and management efficiencies. Located just minutes from Downtown Sunnyvale, Apple Park, major employers, and top schools, 748 Carmel Avenue is an ideal opportunity for investors seeking a well-maintained asset in a premier Silicon Valley location.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling None
Laundry Coin Operated