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listing
1 of 16
Single FamilyFor Sale
$2,650,000
645 Grand Fir Avenue
Sunnyvale, CA 94086
Listed by: Jimmy Castellanos from Marcus & Millichap, (650) 391-1700
MLS: Bay East Contra Costa (BECCAR)
4,593Sq Ft
Est. Mortgage
$13,779/mo

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.

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Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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