REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,028,000
Est. payment /mo
Open Sat 11:30AM-1PM
748 Carmel Avenue Sunnyvale, CA 94085
3,708 SqFt
Open House
Thu Dec 04, 11:30am - 1:00pm
Sat Dec 06, 11:30am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,708 sqft
Price per Sqft $546
MLS Listing ID ML82028387
HOA Y/N No
Year Built 1959
Lot Size 9,000 Sqft
Acres 0.21
Property Sub-Type Other
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
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
Building
New Construction No
Others
Tax ID 20516002
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Eymon Binesh • Marcus & Millichap