1270 Coronado Drive, Sunnyvale, CA 94086
1270 Coronado Drive, Sunnyvale, CA 94086
1270 Coronado Drive, Sunnyvale, CA 94086
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$12,400,000
Est. payment /mo
19,230 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 19,230 sqft

Price per Sqft $644

MLS Listing ID ML82040844

HOA Y/N No

Year Built 1963

Lot Size 0.845 Acres

Property Sub-Type Other

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.

Location

State CA

County Santa Clara

Zoning R3

Interior

Heating Electric

Cooling Other

Fireplace No

Building

New Construction No

Others

Tax ID 16117013


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Bridge MLS
Listed by Mitchell Zurich • Marcus & Millichap

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1270 Coronado Drive