748 Carmel Avenue, Sunnyvale, CA 94085
- Sqft
- 3,708
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Square feet
- 3,708
- Lot size (acres)
- 0.21
- Year built
- 1959
Exterior features
- Pool
- Yes
Utilities
- Heating
- Wall furnace
- Cooling
- None
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Insurance
- $7,680
Taxes
- Tax Annual Amount
- $23,709
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLSListings (California) MLS®#: ML82028387 Last checked: …

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