16
See all 16 photos
$2,028,000
Est. payment /mo
3,708 SqFt
Open Tue 11:30AM-1PM
748 Carmel Avenue Sunnyvale, CA 94085
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Open House
Tue Dec 02, 11:30am - 1:00pm
Thu Dec 04, 11:30am - 1:00pm
Sat Dec 06, 11:30am - 1:00pm
UPDATED:
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
HOA Y/N No
Year Built 1959
Lot Size 9,000 Sqft
Property Sub-Type Other
Source Datashare MLSListings
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
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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