MLS® ID: ML81768459

675 Grand Fir Avenue

Sunnyvale, California, 94086

$2,640,000 Pending
  • - SQFT
PLEASE DO NOT DISTURB TENANTS. First Time on Market in 11+ Years. Property Situated on Cul-de-Sac, Desirable Rental Area in Sunnyvale. Very Low Tenant Turnover Property and Low Management Responsibilities. 4 of 6 Units Leased on Month-to-Month Basis. 2 of 6 Units Leased as Furnished Rentals. Successful, Proven Furnished Rental Business (Managed by Manager) Transferable to New Owner. Substantial Capital Improvements: Staircase, New Dual Pane Windows, Sewer Back-up Pump, Exterior Paint & More. Easy Access to Highway 101, 85, 237, 280. Easy Access to El Camino Real. Excellent Unit Mix (Spacious Units) Two (2) 1 BR/1 BA Units, Four (4) 2 BR/1 BA Unit. Furnished Rents: 2 BR/1 BA - $2,700 to $3,300/Month (NET of 20% Management Fee). Unfurnished Rents: 2 BR/1 BA - $2,350 to $2,725/Month; 1 BR /1 BA - $2,050 to $2,195/Month. Current CAP Rate: 4.68%/Current GRM: 14. Pro-Forma CAP Rate: 5.13% / Pro-Forma GRM: 13.2. Building SF: 4,384 SF/Lot Size: 9,047 SF/Cost Per SF: $602/SF.
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Listing courtesy of Colliers Parrish International

Amenities

  • Zip
    94086
  • Office name
    Colliers Parrish International
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    R4
  • Year built
    1959
  • Lot size
    9425.00
  • Heating
    Wall Furnace
  • Tax year
    0
  • Agent name
    Don Sung
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Full baths
    0
  • Half baths
    0
  • Three-quarter Baths
    0

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