645 Grand Fir Avenue
$2,650,000
—
4,593
4,593
$577
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...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.
- Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap • 408-483-5040
Property Details for 645 Grand Fir Avenue
MLS City Name
SUNNYVALE
Building TypeOther
Garage Spaces0
Parking Spaces9
LISTING UPDATED: 12/18/2024 12:20 AM
Property Details for 645 Grand Fir Avenue
Status | Active |
---|---|
MLS # | ML81987719 |
Days on Compass | 16 |
Taxes | $30,390 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family 5+ |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1959 |
Lot Size | 0.21 AC / 9,047 SF |
County | Santa Clara County |
Building Information for 645 Grand Fir Avenue
Stories-Residences-Year Built1959Building Size-Lot Size0.21 AC / 9,047 SF
Property Information for 645 Grand Fir Avenue
Property History for 645 Grand Fir Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 645 Grand Fir Avenue
Taxable ValueLand$627,251Additions$780,585Total$1,407,836
Tax Record2024$16,538 ($1,378 / month)
Home Facts
Total Finished SqFt4,593 SqFtAbove Grade Finished SqFt4,593 SqFtStories2Lot Size9,047 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningR4CountySANTA CLARAAPN211-02-010Fireplace TypeHas Fireplace
Schools near 645 Grand Fir Avenue
This home is within Fremont Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ellis Elementary School PublicK to 5 | ||
Sunnyvale Middle School Public6 to 8 | ||
Fremont High School Public9 to 12 | ||
Community Day School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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