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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.

Listed byMarcus & Millichap
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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

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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:

Based on information from the MLSListings MLS. Real estate listings held by brokerage firms other than Marcus & Millichap are marked with the Broker Listing Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed. Copyright © 2026 MLSListings, Inc. All Rights Reserved.