$2,650,000
( $576.96Per Sq Foot )
 $14,226 est/mo Sourced by Back At You

645 Grand Fir Avenue , Sunnyvale, CA 94086

Sunnyvale, CA 94086

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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.

Details

MLS#ML81987719
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1959
Days On Site69
Listing Provided ByMarcus & Millichap (650) 391-1700 | Jimmy Castellanos

Features

SQ Feet4,593
Car PortYes
Building(s)1
ZoningR4
Acreage0.21

Market Activity 94086

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 3 minutes ago
StateCA
CountySanta Clara
CitySunnyvale
Zip Code94086
Area699 Not Defined
School DistrictOther
Elementary SchoolOther
Middle SchoolSunnyvale
High SchoolFremont
Listing VS Median (in 94086)
Price:
$2,650,000
low | high
Med:
$1,686,675
86.351886792453% of Average
SqFt:
4,593
low | high
Med:
1,614
100% of Average
$ / SqFt:
$577
low | high
Med:
$1,046
31.284120499546% of Average
On Site:
69
low | high
Med:
248.000000
27.822580645161% of Average
Sourced by Back At You
Listing Updated: February 6, 2025 at 5:55:12 PM PST