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530 Columbia Ave
Sunnyvale, CA 94085 Sunnyvale

$2,200,000 USD

Apartments For Sale  •  4,101 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,101 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 3.18 %
  • Zoning R3
42 Transit Score
72 Walk Score

Highlights

Located 1 mile from DT Sunnyvale with large "owners unit" and significant upside in rental income
Versatile unit mix: (1) 3BD/2BA; (1) 2BD/1BA; (4) 1BD/1BA
Recent upgrades include (4) remodeled bathrooms & replaced hot-water supply with copper pipes
Close proximity to major tech employers including LinkedIn, Google, Microsoft, NVIDIA and more
Easy access to Lawrence Expressway, El Camino Real, Highways 101 and 237

Property Flyers

Financial Summary (Actual)

Net Operating Income: $70,913 USD (2023)
Cap Rate: 3.18 %
Total Expenses: $49,069 USD

Amenities

  • Courtyard

Public Transportation

Commuter RailDriveWalkDistance
Sunnyvale (Caltrain - Caltrain (Caltrain)) 3 min - 1.1 mi
Lawrence (Caltrain - Caltrain (Caltrain)) 5 min - 2.1 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 11 min - 6.5 mi
San Francisco International 37 min - 28.3 mi
Metro Oakland International 48 min - 37.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Covered
Included in Rent: Yes
Eric Katz 408-438-0969 Magnify
Eric Katz 408-438-0969 Magnify