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Fourplex with Covered Parking
For Sale
$1,988,000

750 Calla Drive, Sunnyvale, CA 94086

ResidentialIncome, Sunnyvale, CA

Property Size3,328 SF
Lot Size0.18 Acres
Price / SF$597.36
Days on Market149

Property Features for 750 Calla Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Parking 4
Parking features Covered, Carport, Assigned
Elementary school SantaClaraUnified
Middle school MarianAPetersonMiddle
High school SantaClaraUnified
Elementary school district SantaClaraUnified
High school district SantaClaraUnified
Subdivision Sunnyvale
Standard status Active
APN 211-04-005
Size 3,328 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 23095

Utilities

Sewer type Public Sewer
Water source Public

Amenities

assigned covered parking

Building Details

Year built 1964
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: KW Bay Area Estates · Keller Williams Realty
Listed By: Joel Calvillo · License #01733780
Added: May 26 Changed: Oct 21 Last Checked: Oct 21 at 11:06AM
MLS# ML82048583

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This four-unit residential property contains 3,328 square feet across four residences, each configured with two bedrooms and one bathroom. The units are approximately 832 square feet apiece. Assigned covered parking serves the residences, and the property has a composition roof, public water and sewer service, and R3 zoning. The building dates to 1964 and occupies a 0.1837-acre parcel.

The property is on Calla Drive in Sunnyvale, with access to Wolfe Road and El Camino Real. Sunnyvale Caltrain and Braly Elementary are nearby; the school is one block away. Downtown Sunnyvale, parks, and the library are also identified as nearby destinations. Apple Park and major technology employers named in the property information include Apple, Google, LinkedIn, NVIDIA, Microsoft, and Amazon.

Key Highlights

  • Four residential units, each with 2 bedrooms and 1 bathroom
  • 3,328 square feet of building area; approximately 832 SF per unit
  • 0.1837‑acre parcel with R3 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,342
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,526,840 $1.5M
Cap Rate 7%
$1,090,600 $1.1M
Cap Rate 9%
$848,244 $848.2K
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$113.8K $34.20/SF
− Vacancy
−$4.8K −$1.43/SF
EGI
$109.1K $32.77/SF
− OpEx
−$32.7K −$9.83/SF
NOI
$76.3K $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%
$1,526,840
Cap Rate 7%
$1,090,600
Cap Rate 9%
$848,244

Alternative Uses

Best Use
Multifamily LT 5
$1.09M
$954.3K – $1.27M (±1% cap)
NOI $76,342 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$1.00M
$879.3K – $1.17M (±1% cap)
NOI $70,344 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,231 @ 7.0% cap · market cap 5.09%
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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,175
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 - Each residence has a two-bedroom, one-bath layout and assigned covered parking.
Where is this quadplex located?
The property is located at 750 Calla Drive Sunnyvale, CA.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1 bathroom; 3,328 square feet of building area; approximately 832 SF per unit; 0.1837‑acre parcel with R3 zoning
More about this property
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