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622 Grand Fir Avenue

Sunnyvale, CA 94086
  • $2,680,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: ML82061216
UPDATED: 114 min ago
$2,680,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Jimmy Castellanos of Marcus & Millichap ((650) 391-1700)


Description

Seller financing available! Rare 7-unit apartment investment opportunity in Sunnyvale, offered at $382,857 per unit. The fully occupied property features an attractive unit mix of one three-bedroom/two-bathroom, two two-bedroom/one-bathroom, and four one-bedroom/one-bathroom units, totaling 5,217 square feet on a 0.25-acre lot. The well-maintained 1959-built property features dual-pane windows throughout and updated Siemens electrical sub-panels. Long-term ownership and current rents provide significant rental upside, with no citywide rent control ordinance currently in place. Sunnyvale's strong rental market has experienced nearly 10% year-over-year rent growth, supporting continued income growth. The property offers a 6.92% pro forma cap rate based on projected market rents. This offering provides an opportunity to acquire a fully occupied Sunnyvale multifamily asset with stable in-place income and a clear path to increased cash flow through unit turnover, consistent rent increases, and continued market rent growth.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-08T00:28:54.717. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/181197776
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622 Grand Fir Avenue Sunnyvale, CA 94086

  • Price: $2,680,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 114 min ago
  • ID#: ML82061216
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1959
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Elementary School:
Other
Middle School:
Sunnyvale
High School:
Fremont
School District:
Other
Property Description
Seller financing available! Rare 7-unit apartment investment opportunity in Sunnyvale, offered at $382,857 per unit. The fully occupied property features an attractive unit mix of one three-bedroom/two-bathroom, two two-bedroom/one-bathroom, and four one-bedroom/one-bathroom units, totaling 5,217 square feet on a 0.25-acre lot. The well-maintained 1959-built property features dual-pane windows throughout and updated Siemens electrical sub-panels. Long-term ownership and current rents provide significant rental upside, with no citywide rent control ordinance currently in place. Sunnyvale's strong rental market has experienced nearly 10% year-over-year rent growth, supporting continued income growth. The property offers a 6.92% pro forma cap rate based on projected market rents. This offering provides an opportunity to acquire a fully occupied Sunnyvale multifamily asset with stable in-place income and a clear path to increased cash flow through unit turnover, consistent rent increases, and continued market rent growth.
Exterior Features

Carport Spaces 7 Carport YN Yes Parking Total 0 Roof CompositionShingle

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 160620 Insurance Expense 3795 Listing Agreement Exclusive Right To Sell Maintenance Expense 5250 Other Expense 341 Special Listing Conditions Standard Tax Annual Amount 31278 Trash Expense 4162 Water Source Public Zoning R4



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-08T00:28:54.717. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Jimmy Castellanos of Marcus & Millichap ((650) 391-1700)