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4-Unit Multifamily Property
New
For Sale
$1,880,000

1156 Ayala DR, Sunnyvale, CA 94086

The residences include three two-bedroom layouts and one one-bedroom layout, each with one bathroom.

Property Size3,000 SF
Lot Size0.18 Acres
Price / SF$626.67
Days on Market5

Property Features for 1156 Ayala DR

General Information

Standard status Active
Size 3,000 SF
Total Parking Spaces 8
Lot size 0.18 Acres
Property subtype Fourplex

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $122,160

Taxes and HOA fees

Annual Taxes $21,982

Building Details

Building Size 3,000 SF
Year Built 1964
Listing Agency: Marcus & Millichap
Listed By: Jimmy Castellanos · License #02024152
Source: Johnpaye
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap

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Investment Insights

Based on property information with market context.

Built in 1964, this Sunnyvale multifamily property contains four residences across approximately 3,000 square feet of building area. The unit mix comprises three two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. The property occupies a 7,700-square-foot lot and includes eight parking spaces, divided between carport and open parking.

Located at 1156 Ayala Drive in Sunnyvale, California, the property offers a combination of residential units and on-site parking.

Key Highlights

  • Four units: three with two bedrooms and one bathroom, plus one with one bedroom and one bathroom
  • Approximately 3,000 square feet of building area
  • 7,700‑square‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,818
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,376,360 $1.4M
Cap Rate 7%
$983,114 $983.1K
Cap Rate 9%
$764,644 $764.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$102.6K $34.20/SF
− Vacancy
−$4.3K −$1.43/SF
EGI
$98.3K $32.77/SF
− OpEx
−$29.5K −$9.83/SF
NOI
$68.8K $22.94/SF
Area
Sunnyvale, CA
Vacancy
4.18%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,376,360
Cap Rate 7%
$983,114
Cap Rate 9%
$764,644

Alternative Uses

Best Use
Multifamily LT 5
$983.1K
$860.2K – $1.15M (±1% cap)
NOI $68,818 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$905.9K
$792.6K – $1.06M (±1% cap)
NOI $63,411 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,254 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

651
Businesses Nearby

Demographics for 94086, CA

50,175
Population
21,264
Households
2.4
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
4.4 sq mi
ZIP Area
11,403
Density / Sq Mi
$180,217
Median Household Income
$113,343
Median Earnings
$2,923
Median Rent
$1,784,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The residences include three two-bedroom layouts and one one-bedroom layout, each with one bathroom.
Where is this quadplex located?
The property is located at 1156 Ayala DR Sunnyvale, CA.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Four units: three with two bedrooms and one bathroom, plus one with one bedroom and one bathroom; Approximately 3,000 square feet of building area; 7,700‑square‑foot lot
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