Prime Sunnyvale location, 8-unit income property, recent upgrades.
Overview
Added:
Feb 3
Days on market:
62
This well-maintained 8-unit commercial property in Sunnyvale, CA, offers a compelling investment opportunity. Situated on a 0.28-acre lot, the 4,308 square foot building boasts a mix of ground floor and upstairs units. Ground floor units (1-5) feature real hardwood floors, while upstairs units (6-8) offer vaulted ceilings with exposed beams and modern accent paint. Units 6 and 8 have large areas that could be easily enclosed to create private balconies. Similarly, ground floor units have space for private patios. The property includes 8 detached carports (built in 2020), eliminating soft-story concerns, plus 2 additional open parking spaces, totaling 10 spaces. Significant additional open space allows for the creation of approximately 4 more parking spots. Recent capital improvements exceeding $400,000 include a new water heater (2024), exterior paint and landscaping (2020), a new pitched composite roof (2017), a completely new staircase, concrete walkways, and under-stair storage (2021). Units 2, 3, 4, 6, and 7 underwent full renovations in 2021 and 2022, respectively. Unit 5 received a new bathroom, hardwood floors, and kitchen tile, while Unit 8 features a remodeled bathroom, new carpet, and LVT kitchen flooring. All units are individually metered except for unit 1. This property presents a strong return on investment with its excellent location, updated units, and ample parking.
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