6-Unit Apartment
530 Columbia Avenue Sunnyvale, CA 94085
For Sale
$2,080,000
Built in 1961, this 6-unit property includes a spacious three-bedroom, two-bath owners unit with a private two-car attached garage.
Property Size4,101 SF
Price / SF$507.19
Days on Market76
Property Features for 530 Columbia Avenue
General Information
- Standard status
- Active
- Size
- 4,101 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1961
Listing Agency:
NEWMARK CORNISH & CAREY
(408) 727-9600
Listed By:
BRIAN HENRY · License #01385537
Source:
Corcoran
Added: May 10
Changed: Jul 23
Last Checked: Jul 23 at 8:29AM
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 NEWMARK CORNISH & CAREY
Investment Insights
Based on property information with market context.
530 Columbia Avenue is a well-positioned 6-unit apartment property built in 1961. The unit mix includes a spacious three-bedroom, two-bath single-story owners unit with a private two-car attached garage, offering an owner-occupant option or a premium rental configuration.
The property is listed for sale and is noted as being available to purchase together or separately with an additional 9-unit apartment property at 215 Charles St. in Sunnyvale.
The property is listed for sale and is noted as being available to purchase together or separately with an additional 9-unit apartment property at 215 Charles St. in Sunnyvale.
Key Highlights
- 6‑unit apartment property built in 1961
- Includes a spacious 3‑bedroom, 2‑bath single‑story owners unit
- Owners unit features a private 2‑car attached garage
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.9k | $40.20 |
| − Vacancy | −$7.3k | −$1.77 |
| EGI | $157.6k | $38.43 |
| − OpEx | −$70.9k | −$17.29 |
| NOI | $86.7k | $21.14 |
4,101 SF · lease $40.20/SF/yr · vacancy 4.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.24M
$1.08M – $1.44M
NOI $86,683 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,745 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Built in 1961, this 6-unit property includes a spacious three-bedroom, two-bath owners unit with a private two-car attached garage.
Where is this apartment building located?
The property is located at 530 Columbia Avenue Sunnyvale, CA.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: 6‑unit apartment property built in 1961; Includes a spacious 3‑bedroom, 2‑bath single‑story owners unit; Owners unit features a private 2‑car attached garage
