CA > Sunnyvale
Sunnyvale, CA 94085,748 Carmel AVE
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Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
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David Lucas

David Lucas

+1(650) 399-0121
Listed by Eymon Binesh • Marcus & Millichap
$ 2,028,000
Est. payment /mo
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Open Tue 11:30AM-1PM

748 Carmel AVE Sunnyvale, CA 94085

3 Beds

2 Baths

3,708 SqFt

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 Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,708 sqft

Price per Sqft $546

MLS Listing ID ML82028387

Bedrooms 3

Full Baths 2

Year Built 1959

Lot Size 9,000 Sqft

Property Sub-Type Five or More Units

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

Area Sunnyvale

Zoning R3

Rooms

Other Rooms Laundry Room

Interior

Heating Wall Furnace

Cooling None

Laundry Coin Operated

Exterior

Parking Features Off-Street Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Foundation Wood Frame

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 205-16-002

Security Features None

Special Listing Condition Not Applicable

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David Lucas

David Lucas

Agent | License ID: 02114304

+1(650) 399-0121

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748 Carmel AVE