1155 Ayala Dr, Sunnyvale, CA 94086

4 Unit Apartment Building | $2,180,000 ($545,000/Unit) | 3.45% Cap Rate | Sunnyvale, CA 94086

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,180,000

Property Type
Multifamily
Square Feet
3,072 SF

Listing Contacts

Eric Katz
Eric Katz
Verified Profile
Will Tharp
Will Tharp
Verified Profile
  • Property Info

Property Overview

**Open House: Thursday 8/22 from 2:00pm to 4:00pm**
Magnify Real Estate is pleased to present the opportunity to acquire 1155 Ayala Dr, a prime investment featuring (4) spacious units located in the highly desirable city of Sunnyvale.
The unit mix includes (4) two-bedroom/one-bathroom units, offering a strong upside in rental income. The building spans3,072 square feet on a 7,405 square foot lot and was built in 1964. Recent capital. expenditures include the installation of a new washer and dryer in the common area laundry room.
The property is 1.5 miles from downtown Sunnyvale and the Caltrain Station. The tenants enjoy the easy access to highways 237, 85 and 101. Finally, the subject property is located within close proximity to several major tech employers including LinkedIn, Juniper Networks, Fortinet, Proofpoint, Trimble, Fujitsu and many more.

Property Details

Class
C
Year Built
1964
Stories
2
Lot Size (sq. ft)
7,405 SF
Units
4

Highlights

  • Prime investment opportunity located just 1.5 miles from downtown Sunnyvale and the Caltrain Station
  • Desirable unit mix: (4) 2BD/1BA units
  • Near major tech employers including LinkedIn, Juniper Networks, Fortinet, Proofpoint, Trimble, Fujitsu and more
  • Easy access to highways 237, 85 and 101

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