Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
16
$1,928,000
$2,028,000
4.9%
Est.Price: ?

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8,999 Sqft Lot

748 Carmel AVE Sunnyvale, CA 94085

Est. payment /mo
SOLD DATE : 01/08/2026

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Key Details

Sold Price $1,928,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML82028387

Year Built 1959

Annual Tax Amount $23,709

Lot Size 8,999 Sqft

Property Description

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

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Exterior

Roof Type Composition

Building

Water Public

Schools

School District Other

Others

Special Listing Condition Standard

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CRMLS – RECore
Listed by Eymon Binesh Marcus & Millichap
Bought with Eymon Binesh Marcus & Millichap

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Chance Vanek

Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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