Marcus & Millichap is pleased to present 1237 Coronado Drive, a well-maintained 4-unit multifamily property in Sunnyvale, CA. The property features an attractive unit mix of one massive 3-bedroom unit and three 2-bedroom units, totaling 3,763 SF on a 0.17-acre lot. Located in a highly desirable neighborhood with strong rental… Read More demand, the asset offers meaningful upside through rent growth, as current rents remain below market. With convenient access to shopping, dining, transit, and major highways, this property presents a compelling Sunnyvale investment opportunity with stable in-place income and long-term upside. The property is ideally located near many of Silicon Valley's largest employers, including major tech campuses and corporate offices in Sunnyvale, Mountain View, and Santa Clara, driving consistent tenant demand. Read Less
Courtesy of Marcus & Millichap, Eymon Binesh 650-546-1030
Listing Snapshot
Days Online
27
Last Updated
Property Type
Fourplex
Square Ft.
3,763
Lot Size
0.17 Acres
Year Built
1963
MLS Number
ML82032407
30 Days Snapshot Of 94086
$2.38M
+10%
(avg) sold price
9
+125%
homes sold
8
-61%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 7320.00, Max Area Units: Square Feet
Unit One
3 bedrooms in unit 1, Unit 1: approximately 1,197 square feet, Unit 1 rent: $3,350
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 855 square feet, Unit 2 rent: $2,525
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 855 square feet, Unit 3 rent: $2,650
Unit Four
2 bedrooms in unit 4, Unit 4: approximately 855 square feet, Unit 4 rent: $2,800
Accessibility Features
Parking
Building
Built in 1963, 4 building units, 1 building, 3,763 structure square feet
Roof
Shingle
Utilities
Individual Electric Meters, Individual Gas Meters
Sewer
Sewer - Public
Security Features
None
Heating
Electric
Cooling
None
Foundation
Wood Frame
Laundry
Coin Operated
Water Features
Public
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas
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