Home | Santa Clara County | Sunnyvale | 94086 | 622 Grand Fir Ave
MLS: ML82061216 | Status: | Price: $2,680,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 5,217 | 0.25 | 1959 |
Rare 7-unit apartment investment opportunity in Sunnyvale, offered at $382,857 per unit. The fully occupied property features an attractive unit mix of one three-bedroom/two-bathroom, two two-bedroom/one-bathroom, and four one-bedroom/one-bathroom units, totaling 5,217 square feet on a 0.25-acre lot. The well-maintained 1959-built property features dual-pane windows throughout and updated Siemens electrical sub-panels. Long-term ownership and current rents provide significant rental upside, with no citywide rent control ordinance currently in place. Sunnyvale's strong rental market has experienced nearly 10% year-over-year rent growth, supporting continued income growth. The property offers a 6.92% pro forma cap rate based on projected market rents. This offering provides an opportunity to acquire a fully occupied Sunnyvale multifamily asset with stable in-place income and a clear path to increased cash flow through unit turnover, consistent rent increases, and continued market rent growth.
| Field | Value |
|---|---|
| MLS # | ML82061216 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Flooring | Carpet, Vinyl/Linoleum |
| Laundry | Coin Operated |
| Cooling | Window/Wall Unit |
| Heating | Central Forced Air - Gas, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition, Shingle |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Covered Parking, Garage: 0 Car(s) |
| Elementary District | Sunnyvale |
| High School District | Fremont Union High |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R4 |
Jimmy Castellanos
Marcus & Millichap
License #: 02024152
Phone: (408) 483-5040
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 7 | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 3 | 2/0 | $2,485 | – | 1 |
| 2 | – | 2 | 1/0 | $1,580 | $1,990 | 2 |
| 3 | – | 1 | 1/0 | $1,500 | $1,950 | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1248 Cortez Dr | $2,288,000 | – | – | 3,168 | Active |
| 1610 Ottawa Ct | $2,398,000 | – | – | 3,860 | PendingDoNotShow |
| 651 Belladonna Ct | $2,450,000 | – | – | 4,127 | Active |
| 1241 Coronado Dr | $2,250,000 | – | – | 3,763 | Active |
©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 14, 2026. For the most current information, please contact Jimmy Castellanos, (408) 483-5040.