$2,680,000

622 Grand Fir Avenue, Sunnyvale CA, 94086

Price per sqft$513.71

Built in1959

Property size5,217 sqft

Property typeCommercial

Listed by Jimmy Castellanos CA DRE# 02024152 with Marcus & Millichap 408-483-5040

Overview

Active

Listed Sep 14, 2026

Updated 25h ago

Seller financing available! 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.

Additional information

MLS^® ID: ML82061216

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.25 Acres

Other Property Details

Taxes: $31,278
Tax Frequency: Annually
Maintenance Expense: $5,250

Also listed on MLSLISTINGS

Listed by Jimmy Castellanos CA DRE# 02024152 with Marcus & Millichap 408-483-5040

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/6/2026 at 4:05 AM UTC Last Checked: 4:05 AM UTC