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Listed by Marcus & Millichap, Jimmy Castellanos, Listing Contact: 408-483-5040
5,217 sqft

$2,680,000

622 Grand Fir AVE, Sunnyvale CA, 94086

Price per sqft$513.71
Built in1959
Property size5,217 sqft
Property typeResidential

Overview

Active

Listed Sep 14, 2026

Updated 13h ago

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.

$17,830/mo

Est. mortgage payment based on a $2,680,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82061216

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.25 Acres
MLS provider logo

Listed by Marcus & Millichap, Jimmy Castellanos DRE:02024152,
Listing Contact: 408-483-5040 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tony Ngai | CA DRE #01908946 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:01 AM UTC, 9/16/2026

 

 

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