748 Carmel AVE, Sunnyvale, CA 94085
- $1,928,000
- 3,708
- SqFt
Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Eymon Binesh from M&MKW
- Sold Price
- $1,928,000
- List Price
- $2,028,000
- Closing Date
- Jan 08, 2026
- MLS#
- ML82028387
- Status
- SOLD
- Sqft. of Residence
- 3,708
- Lot Size
- 9,000
- Listing Area
- Sunnyvale
- Year Built
- 1959
Property Description
Marcus & Millichap is pleased to present 748 Carmel Avenue, a rare six-unit apartment complex in one of Sunnyvales most desirable rental pockets. The property features four spacious 1-bedroom/1-bathroom units and two large 2-bedroom/1-bathroom units, offering a balanced unit mix for both stability and rent growth. With a current CAP rate of 4.91% and a 13.29 GRM, the property provides strong in-place income with additional upside through capital improvements and management efficiencies. Located just minutes from Downtown Sunnyvale, Apple Park, major employers, and top schools, 748 Carmel Avenue is an ideal opportunity for investors seeking a well-maintained asset in a premier Silicon Valley location.
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Additional Information
- Acres
- 0.21
- Age
- 66
- Cooling System
- None
- Foundation
- Wood Frame
- Garage Parking
- Off-Street Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 3,708
- Lot Size
- 9,000
- Neighborhood
- Sunnyvale
- Other Rooms
- Laundry Room
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R3
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