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645 Grand Fir Avenue

Sunnyvale, CA 94086

About this property

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.

About this property

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.

Features and Additional Information

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$2,650,000 Pending
4,593 SqFt

Presented By Jonathan B Perlstein Jessicca Brueggeman, Palm Springs Chamber of Commerce,REALTOR

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Get in touch today! Phone: 1-310-770-9355
License #02104048
Brokerage
Marcus & Millichap (650) 391-1700
1-650-391-1700
Listed By Jimmy Castellanos
Brokerage: Marcus & Millichap (650) 391-1700

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It's free and no obligation

Have Questions? Contact
Jonathan B Perlstein Jessicca Brueggeman

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