CA > Sunnyvale
Sunnyvale, CA 94086,645 Grand Fir AVE
Sunnyvale, CA 94086,645 Grand Fir AVE
Sunnyvale, CA 94086,645 Grand Fir AVE
Sunnyvale, CA 94086,645 Grand Fir AVE
Sunnyvale, CA 94086,645 Grand Fir AVE
Sunnyvale, CA 94086,645 Grand Fir AVE
Tony English
Tony English

Broker | License ID: 01363194

+1(949) 463-1085

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$ 2,540,000

$ 2,650,000 4.2%

Est. payment | /mo

9,047 Sqft Lot

$ 2,540,000

$ 2,650,000 4.2%

Est. payment | /mo

9,047 Sqft Lot

Key Details

Sold Price $2,540,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81987719

Sold Date 02/28/25

HOA Y/N No

Year Built 1959

Annual Tax Amount $30,390

Lot Size 9,047 Sqft

Property Description

645 Grand Fir Avenue is an exceptional multifamily investment opportunity located in the vibrant city of Sunnyvale, CA, at the heart of Silicon Valley. This six-unit community, built in 1959, features a total of 4,593 square feet of living space and is situated on a generous 9,047 square foot lot. The unit mix includes one spacious three-bedroom owners unit with multiple entrances, three two-bedroom units, and two one-bedroom units, providing a diverse offering for potential tenants. Currently, the property averages rents just over $2,500 per unit per month, with rents approximately 6% below market rate. Listed at a competitive price per unit of $441,666, the property presents a significant value proposition, especially when compared to the median home price in Sunnyvale, which has soared to $1,900,000 over the past year. This substantial price difference between multi-family properties and single-family homes provides investors with promising appreciation potential as the region continues to develop.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 6

Roof Type Shingle

Total Parking Spaces 9

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Sunnyvale

High Schools Fremont

School District Other

Others

Tax ID 21102010

Financing Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jimmy Castellanos • Marcus & Millichap
Bought with Jimmy Castellanos • Marcus & Millichap
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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645 Grand Fir AVE