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Multifamily

1237 Coronado Dr

1237 Coronado Dr, Sunnyvale, CA 94086

Listing Price: $2,328,000

Cap Rate
3.83%
Number of Units
4
GRM
17.13
Price/Unit
$582,000
Price/Gross SF
$618.66
Gross SF
3,763

Investment Overview

Marcus & Millichap is pleased to present 1237 Coronado Drive, a well-maintained 4-unit multifamily property in Sunnyvale, CA. The property features an attractive unit mix of one massive 3-bedroom unit and three 2-bedroom units, totaling 3,763 SF on a 0.17-acre lot. Located in a highly desirable neighborhood with strong rental demand, the asset offers meaningful upside through rent growth, as current rents remain below market. With convenient access to shopping, dining, transit, and major highways, this property presents a compelling Sunnyvale investment opportunity with stable in-place income and long-term upside. The property is ideally located near many of Silicon Valley's largest employers, including major tech campuses and corporate offices in Sunnyvale, Mountain View, and Santa Clara, driving consistent tenant demand.

Investment Highlights

  • Huge units featuring one (1) 3-bed/2-bath, and (3) 2-bed/1-bath floor plans.
  • Excellent location bordering Mountain View, near Google HQ.
  • Attractive residential financing available.

Exclusively Listed By

Multifamily

1237 Coronado Dr

Listing Price: $2,328,000

Cap Rate
3.83%
Number of Units
4
GRM
17.13
Price/Unit
$582,000
Price/Gross SF
$618.66
Gross SF
3,763

Investment Highlights

  • Huge units featuring one (1) 3-bed/2-bath, and (3) 2-bed/1-bath floor plans.
  • Excellent location bordering Mountain View, near Google HQ.
  • Attractive residential financing available.

Investment Overview

Marcus & Millichap is pleased to present 1237 Coronado Drive, a well-maintained 4-unit multifamily property in Sunnyvale, CA. The property features an attractive unit mix of one massive 3-bedroom unit and three 2-bedroom units, totaling 3,763 SF on a 0.17-acre lot. Located in a highly desirable neighborhood with strong rental demand, the asset offers meaningful upside through rent growth, as current rents remain below market. With convenient access to shopping, dining, transit, and major highways, this property presents a compelling Sunnyvale investment opportunity with stable in-place income and long-term upside. The property is ideally located near many of Silicon Valley's largest employers, including major tech campuses and corporate offices in Sunnyvale, Mountain View, and Santa Clara, driving consistent tenant demand.

Exclusively Listed By

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