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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Robert Johnston, DRE #01853816 • Marcus & Millichap

$ 8,495,000

Est. payment | -/mo

15,162 SqFt

Save

$ 8,495,000

Est. payment | -/mo

Save

15,162 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 15,162 sqft

Price per Sqft $560

MLS Listing ID ML82054816

Year Built 1974

Lot Size 0.692 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

El Portal Apartments is a well-situated 25-unit value-add asset located on 280 W California Ave in the city of Sunnyvale, California. Situated on a large 30,155 square foot parcel of land, the subject property was originally constructed in 1974, featuring a gross building area of approximately 15,162 square feet. Tenants enjoy beautifully designed, spacious two-bedroom, one-bedroom, and studio floor plans. El Portal Apartments also offers tenants convenient amenities such as private parking and on-site laundry. El Portal Apartments is strategically situated in Sunnyvales vibrant Heritage District. This highly walkable neighborhood offers tenants immediate access to a dynamic mix of restaurants, retail, entertainment, and the Sunnyvale Caltrain Station, supporting both a high quality of life and strong renter demand. The subject property also benefits from proximity to major tech employers, excellent schools, and key transportation corridors, positioning it as an ideal investment for long-term growth and stable occupancy in one of the Bay Areas most desirable submarkets. The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels.

Location

State CA

County Santa Clara

Area Sunnyvale

Zoning R4PD

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Assigned Spaces, Off-Street Parking

Garage Spaces 25.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 204-51-001

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

280 W California AVE Sunnyvale, CA 94086