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Multifamily

675 Johanna Ave

675 Johanna Ave, Sunnyvale, CA 94085

Listing Price: $2,000,000

Cap Rate
5.35%
Number of Units
7
GRM
10.01
Occupancy
97.0%
Price/Unit
$285,714
Price/Gross SF
$189.39
Gross SF
10,560

Investment Overview

Marcus & Millichap is pleased to present 675 Johanna Avenue, a seven-unit apartment community located in the heart of Sunnyvale, California. Constructed in 1948 and situated on a 0.24-acre lot, the property offers a well-maintained asset in a highly desirable Silicon Valley location. The unit mix consists of seven 1-bedroom, 1-bathroom units, supported by on-site laundry and an exceptional parking offering including five private garages and seven additional on-site parking spaces.
The property is ideally positioned less than 2 miles from Downtown Sunnyvale and the Sunnyvale Caltrain Station, providing residents convenient access to regional transit, dining, retail, and entertainment. It also benefits from excellent connectivity via Highway 101, State Route 237, and Lawrence Expressway.
675 Johanna Avenue is surrounded by major Silicon Valley employers including Google, Apple, NVIDIA, and leading semiconductor firms, driving consistent rental demand. With strong in-place performance, long-term employment drivers, and a supply-constrained Sunnyvale housing market, the property represents a compelling opportunity to acquire a stable multifamily asset with continued rental growth potential.

Investment Highlights

  • Seven-unit apartment community in the heart of Sunnyvale
  • Less than 2 miles from Downtown Sunnyvale and Caltrain Station
  • Surrounded by major tech employers including Google, Apple, NVIDIA, and leading semiconductor firms
  • Exceptional parking offering with five private garages and seven additional on-site spaces
  • Strong rental demand in a supply-constrained Silicon Valley submarket

Exclusively Listed By

Financing By

Multifamily

675 Johanna Ave

Listing Price: $2,000,000

Cap Rate
5.35%
Number of Units
7
GRM
10.01
Occupancy
97.0%
Price/Unit
$285,714
Price/Gross SF
$189.39
Gross SF
10,560

Investment Highlights

  • Seven-unit apartment community in the heart of Sunnyvale
  • Less than 2 miles from Downtown Sunnyvale and Caltrain Station
  • Surrounded by major tech employers including Google, Apple, NVIDIA, and leading semiconductor firms
  • Exceptional parking offering with five private garages and seven additional on-site spaces
  • Strong rental demand in a supply-constrained Silicon Valley submarket

Investment Overview

Marcus & Millichap is pleased to present 675 Johanna Avenue, a seven-unit apartment community located in the heart of Sunnyvale, California. Constructed in 1948 and situated on a 0.24-acre lot, the property offers a well-maintained asset in a highly desirable Silicon Valley location. The unit mix consists of seven 1-bedroom, 1-bathroom units, supported by on-site laundry and an exceptional parking offering including five private garages and seven additional on-site parking spaces. The property is ideally positioned less than 2 miles from Downtown Sunnyvale and the Sunnyvale Caltrain Station, providing residents convenient access to regional transit, dining, retail, and entertainment. It also benefits from excellent connectivity via Highway 101, State Route 237, and Lawrence Expressway. 675 Johanna Avenue is surrounded by major Silicon Valley employers including Google, Apple, NVIDIA, and leading semiconductor firms, driving consistent rental demand. With strong in-place performance, long-term employment drivers, and a supply-constrained Sunnyvale housing market, the property represents a compelling opportunity to acquire a stable multifamily asset with continued rental growth potential.

Exclusively Listed By

Financing By

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