4-Unit Apartment
New
For Sale
$2,369,000
607 Timberpine Ave, Sunnyvale, CA 94086
Three residences have been renovated, and the property includes shared laundry, garage parking, and extra storage.
Property Size3,960 SF
Lot Size0.19 Acres
Price / SF$598.23
Days on Market3
Property Features for 607 Timberpine Ave
General Information
Standard status
Active
Size
3,960 SF
Lot size
0.19 Acres
Property subtype
Multifamily
Occupancy
97%
Units
Unit Mix
1 x 3BR/2BA, 3 x 2BR/1BA
Multifamily Units
4
Additional Details
Cap Rate
3.87%
Amenities
on-site shared laundry facility
Prime Sunnyvale location within the desirable Ponderosa neighborhood
Approximately three miles from Apple Park, a 175-acre employment campus designed to accommodate more than 12,000 employees
Attractive unit mix consisting of one three-bedroom/two-bathroom unit and three two-bedroom/one-bathroom units
Building Details
Building Size
3,960 SF
Year Built
1976
Units
4
Listing Agency:
Palo Alto Office
Listed By:
Dre Lopez · License #License(s): CA: 01936458
(650) 391-1775
Source:
Marcusmillichap
Added: Oct 30
Last Checked: Nov 1 at 2:18AM
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 Palo Alto Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1976, this four-unit residential property contains approximately 3,960 square feet on an approximately 8,470-square-foot parcel. The unit mix includes one three-bedroom, two-bathroom residence and three two-bedroom, one-bathroom residences. Three units have been renovated; each has garage parking and additional storage, and residents share an on-site laundry facility.
Located at 607 Timberpine Ave in Sunnyvale, the property has completed repairs recommended following its SB 721 inspection. The available facts describe a mix of updated and unrenovated interiors, with shared laundry and garage parking provided across the property.
Located at 607 Timberpine Ave in Sunnyvale, the property has completed repairs recommended following its SB 721 inspection. The available facts describe a mix of updated and unrenovated interiors, with shared laundry and garage parking provided across the property.
Key Highlights
- Four‑unit property with one 3‑bedroom/2‑bath residence and three 2‑bedroom/1‑bath residences
- Approximately 3,960 square feet of living space on an approximately 8,470‑square‑foot parcel
- Three of the four residences have been renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,840
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,816,800
$1.8M
Cap Rate 7%
$1,297,714
$1.3M
Cap Rate 9%
$1,009,333
$1.0M
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$135.4K $34.20/SF
− Vacancy
−$5.7K −$1.43/SF
EGI
$129.8K $32.77/SF
− OpEx
−$38.9K −$9.83/SF
NOI
$90.8K $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%
$1,816,800
Cap Rate 7%
$1,297,714
Cap Rate 9%
$1,009,333
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.51M
NOI $90,840 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,703 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,456 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences have been renovated, and the property includes shared laundry, garage parking, and extra storage.
Where is this quadplex located?
The property is located at 607 Timberpine Ave Sunnyvale, CA.
What is the asking price?
The asking price for this property is $2,369,000.
What are key features of this property?
This property features: Four‑unit property with one 3‑bedroom/2‑bath residence and three 2‑bedroom/1‑bath residences; Approximately 3,960 square feet of living space on an approximately 8,470‑square‑foot parcel; Three of the four residences have been renovated
