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$ 3,650,000
Est. payment | /mo
0.31 Acres Lot
$ 3,650,000
Est. payment | /mo
0.31 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82047696
HOA Y/N No
Year Built 1953
Annual Tax Amount $43,195
Lot Size 0.311 Acres
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
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 10
Building
Water Public
Schools
School District Other
Others
Tax ID 20530013
Special Listing Condition Standard
Listed by Adam S. Levin Marcus & Millichap #01462752
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