Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
Sunnyvale, CA 94085,748 Carmel AVE
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Listed by Eymon Binesh • Marcus & Millichap
Bought with Eymon Binesh • M&MKW

$1,928,000

Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

3,708 SqFt


SOLD DATE : 01/08/2026

Key Details

Sold Price $1,928,000

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,708 sqft

Price per Sqft $519

MLS Listing ID ML82028387

Bedrooms 3

Full Baths 2

Year Built 1959

Lot Size 9,000 Sqft

Property Sub-Type Five or More Units

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 Sunnyvale

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Laundry Coin Operated

Exterior

Parking Features Off-Street Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Foundation Wood Frame

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Eric Boyenga

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

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