Investment Overview

Marcus & Millichap is pleased to present 607 Timberpine Avenue, a well-maintained four-unit multifamily property located in Sunnyvale’s desirable Ponderosa neighborhood. Constructed in 1976, the property comprises approximately 3,960 square feet of living space on an approximately 8,470-square-foot parcel and offers an attractive unit mix consisting of one three-bedroom/two-bathroom residence and three two-bedroom/one-bathroom residences. The property features exceptionally spacious floor plans averaging approximately 990 square feet per unit. Each residence benefits from dedicated garage parking and additional storage space, while an on-site shared laundry facility provides added convenience. Three of the four units have undergone renovations, allowing a new investor to benefit from substantial improvements already completed while preserving additional value-add potential within the remaining unit. 607 Timberpine Avenue offers a compelling combination of in-place income and future rental upside. Current rents remain below prevailing market levels, providing an opportunity to increase revenue over time through continued interior improvements and strategic asset management. The property has also completed the recommended repairs identified through its SB 721 inspection, potentially reducing near-term capital and compliance exposure for new ownership.