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10-Unit Apartment Building with Parking
For Sale
$3,650,000

370 N Fair Oaks Ave, Sunnyvale, CA 94085

Ten-unit multifamily property with on-site laundry and private tenant parking, originally built in 1953.

Property Size4,400 SF
Lot Size0.31 Acres
Price / SF$829.55
Days on Market60

Property Features for 370 N Fair Oaks Ave

General Information

Standard status Active
Size 4,400 SF
Lot size 0.31 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 10

Amenities

Prime Silicon Valley Investment Opportunity
Convenient Tenant Amenities
Prime Sunnyvale Location
Notable Local Attractions

Building Details

Year Built 1953
Tenancy Multi
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Adam Levin · License #License(s): CA: 01462752
Source: Marcusmillichap
Added: Jul 9 Changed: Sep 6 Last Checked: Aug 16 at 4:57AM

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 - Palo Alto

Investment Insights

Based on property information with market context.

This 10-unit apartment building offers a mix of one-bedroom and two-bedroom floor plans and is supported by convenient on-site laundry and private tenant parking. Originally constructed in 1953, the property is situated on a 13,529 square foot parcel with approximately 4,400 square feet of gross building area.

The property is located in Sunnyvale, a South Bay city bordered by Cupertino to the south, Santa Clara to the east, Moffett Federal Airfield to the north, and Mountain View to the immediate northwest. Sunnyvale is home to major tech, aerospace, and aviation employers and also features a park and bike trail system, great schools, and a revitalized downtown area with boutiques and restaurants.

As a residential income asset, it offers a tenant-focused setup with in-building laundry service and parking for residents.

Key Highlights

  • 10‑unit multifamily property originally built in 1953
  • Approximately 13,529 SF lot with approximately 4,400 SF gross building area
  • Tenant unit mix includes one‑bedroom and two‑bedroom floor plans

Property Analytics

Current Use

370 N Fair ... Apartment Building

Suggested Use

Top Pick Law Firm Pharmacy Dental Office Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,439
Businesses Nearby

Demographics for 94085, CA

24,031
Population
9,666
Households
2.5
Avg Household Size
33
Median Age
62%
College-Educated
90%
High-School Grad
3.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$183,563
Median Household Income
$103,383
Median Earnings
$3,187
Median Rent
$1,534,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten-unit multifamily property with on-site laundry and private tenant parking, originally built in 1953.
Where is this apartment building located?
The property is located at 370 N Fair Oaks Ave Sunnyvale, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 10‑unit multifamily property originally built in 1953; Approximately 13,529 SF lot with approximately 4,400 SF gross building area; Tenant unit mix includes one‑bedroom and two‑bedroom floor plans
More about this property
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