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Six-Unit Apartment Building
For Sale
$1,950,000

530 Columbia AVE, Sunnyvale, CA 94085

Single-story owner's unit features three bedrooms, two bathrooms, and a private attached garage.

Property Size4,101 SF
Days on Market91

Property Features for 530 Columbia AVE

General Information

Standard status Active
Size 4,101 SF
Property subtype FiveOrMoreUnits

Additional Details

Multifamily Units 6

Building Details

Building Size 4,101 SF
Year Built 1961
Listing Agency: Newmark Cornish & Carey
Listed By: Brian Henry · License #01385537
Source: Lynnnorth
Added: May 7 Changed: Jul 31 Last Checked: Aug 5 at 4:23AM

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.

Located at 530 Columbia Ave in Sunnyvale, California, this six-unit apartment property was built in 1961. The unit mix includes a spacious three-bedroom, two-bathroom single-story owner's unit with a private two-car attached garage. That configuration supports continued owner occupancy or use as a rental within the apartment property.

The property can be purchased together with, or separately from, a nine-unit apartment property at 215 Charles St. in Sunnyvale. The offering combines an established multifamily configuration with a distinct larger unit and attached garage, providing a range of occupancy and rental arrangements within the six-unit building.

Key Highlights

  • Six‑unit apartment property at 530 Columbia Ave, Sunnyvale, CA 94085
  • Built in 1961
  • Three‑bedroom, two‑bathroom owner's unit

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 (±1% cap)
NOI $86,683 @ 7.0% cap · market cap 4.45%
Second Best
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,745 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Pharmacy Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,354
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Single-story owner's unit features three bedrooms, two bathrooms, and a private attached garage.
Where is this apartment building located?
The property is located at 530 Columbia AVE Sunnyvale, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Six‑unit apartment property at 530 Columbia Ave, Sunnyvale, CA 94085; Built in 1961; Three‑bedroom, two‑bathroom owner's unit
More about this property
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