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Listed by Adam Foley • CBRE, Inc., DRE#02144332
$ 3,888,000
Est. payment | /mo
3 Beds
2 Baths
7,656 SqFt
$ 3,888,000
Est. payment | /mo
3 Beds
2 Baths
7,656 SqFt
Open House
Mon Jun 22, 11:15am - 12:15pm
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,656 sqft
Price per Sqft $507
MLS Listing ID ML82051304
Bedrooms 3
Full Baths 2
Year Built 1964
Lot Size 0.343 Acres
Property Sub-Type Five or More Units
Property Description
1212 W McKinley Avenue (the Property) is a multifamily asset built in 1964 situated on a 0.34 acre lot and comprised of ten (10) units. The Property features a unit mix of eight (8) one-bedroom/one-bathroom floorplans and two (2) two-bedroom/ one-bathroom floorplans. The Propertys premier location in Sunnyvale generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire an investment property in the heart of Silicon Valley, one of the most sought-after rental markets in the country. Perfectly situated near Highway 101, Highway 237, Highway 85, & El Camino Real, the Property is just moments away from major employers such as Apple, Google, LinkedIn, AMD, & Lockheed Martin Space, as well as NASA Ames Research Center and the broader Moffett Park employment base. In addition, the Property is within walking distance to Downtown Sunnyvales Murphy Avenue dining and retail district, the Sunnyvale Caltrain Station, and Whole Foods, with additional shopping options at the nearby Sunnyvale Town Center.
Location
State CA
County Santa Clara
Area Sunnyvale
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 161-20-009
Security Features None
Special Listing Condition Not Applicable
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