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Listed by Adam S. Levin • Marcus & Millichap
$3,650,000
Est. payment /mo
4,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $829
MLS Listing ID ML82047696
HOA Y/N No
Year Built 1953
Lot Size 0.311 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
370 N Fair Oaks Ave is a prime 10-unit investment opportunity located in the thriving city of Sunnyvale. Situated on a 13,529 square foot parcel of land, the subject property was originally constructed in 1953 and has a gross building area of approximately 4,400 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The property features convenient amenities such as an on-site laundry facility and private tenant parking. Sunnyvale is bordered by Cupertino to the south, Santa Clara to the east, Moffett Federal Airfield to the north, and Mountain View to the immediate northwest. While serving as the bustling home to major tech, aerospace, and aviation employers, Sunnyvale also offers a fantastic park and bike trail system, great schools, and a revitalized downtown area filled with boutiques and restaurants. Sunnyvales food, drink, and entertainment options can keep even the most discerning foodie satisfied. The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, 370 N Fair Oaks Ave presents an attractive choice for South Bay renters due to its close proximity to major employers, shopping, dining, and entertainment options.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
Water Public
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