889 W El Camino Real | Sunnyvale, CA 94087
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- LoopNet Team
889 W El Camino Real
Sunnyvale, CA 94087
Build-to-Rent Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Add-value apartment investment in Sunnyvale
- 2,838sf building situated on a large 16,871sf lot
- Potential commercial development opportunity
- Significant upside potential though rehab and repositioning
- Unit Mix: (5) 1+1, (1) Studio
- Seller financing available
PROPERTY FACTS
| No. Units | 6 | Property Size | 2,838 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 1 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Costar Property Class | C | Parking Allocation | 5.29/1,000 sq ft |
| Total Plot Size | 0.36 ac | ||
| Use Class | C2, Sunnyvale - El Camino Real Redevelopment plan revision from 2022 only allows for commercial zoning. Current residential use is considered Legal, Non-Conforming. | ||
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.36 ac |
| Property Size | 2,838 sq ft |
| Average Occupancy | 100% |
| No. Floors | 1 |
| Year Built | 1954 |
| Parking Allocation | 5.29/1,000 sq ft |
| Use Class | C2, Sunnyvale - El Camino Real Redevelopment plan revision from 2022 only allows for commercial zoning. Current residential use is considered Legal, Non-Conforming. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 1 | £1,230 | 338 - 500 |
| 1+1 | 5 | £1,500 | 500 |
PROPERTY TAXES
| Parcel Number | 165-01-031 | Improvements Assessment | £387,410 |
| Land Assessment | £1,150,722 | Total Assessment | £1,538,132 |
PROPERTY TAXES
Parcel Number
165-01-031
Land Assessment
£1,150,722
Improvements Assessment
£387,410
Total Assessment
£1,538,132
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