1270 Coronado DR, Sunnyvale, CA 94086
- $12,400,000
- 19,230
- SqFt
Listed by Mitchell Zurich, 408-888-9594 from Marcus & Millichap
(If provided) CoList: from
- List Price
- $12,400,000
- Closing Date
- Sep 30, 2026
- MLS#
- ML82040844
- Status
- CONTINGENT
- Sqft. of Residence
- 19,230
- Lot Size
- 36,800
- Listing Area
- Sunnyvale
- Year Built
- 1963
Property Description
Element Apartment Homes is a turnkey, extensively renovated community offering strong in-place income with no near-term capital requirements. All units feature private in-unit washer and dryer and new electrical subpanels, providing enhanced capacity and tenant appeal. The property has undergone a comprehensive renovation, with 25 of 26 units completely upgraded. Improvements include dual-pane windows, modernized interiors, new exterior paint, siding and lighting, and a renovated courtyard with BBQ area. Major capital upgrades include a seismic retrofit and new roof, significantly reducing future capital needs. Located in the heart of Silicon Valley near major employers such as Apple, OpenAI Google, NVIDIA, and LinkedIn, the property benefits from strong underlying rental demand.
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Additional Information
- Building Name
- Element Apartment Homes
- Cooling System
- Other
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Covered Parking, Uncovered Parking
- Heating System
- Electric
- Living Area
- 19,230
- Lot Size
- 36,800
- Neighborhood
- Sunnyvale
- Other Utilities
- Individual Electric Meters
- Pool Description
- Pool - In Ground
- Roof
- Composition
- Sewer
- Sewer Connected
- Zoning
- R3
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