10160 Park E Cir Cupertino, CA 95014-1953
- Apartment buildings
- 6,440 SF
- 0.29 lot acres
Jan 16, 2025
Current Use by Public Records
- Techzord Pvt Ltd. / Software Company
Property Details for 10160 Park E Cir
- Year built
- 1962
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Property size
- 6,440 SF
- Zone code
- R3
- Property type
- Apartment buildings
- APN
- 326-32-046
- APU
- 32632046
Description
This exceptional 8-unit apartment building in Cupertino, CA presents a compelling value-add investment opportunity. Located on a 0.29-acre lot, this two-building, two-story complex boasts 6,440 square feet of net rentable space and is currently operating at 100% occupancy. Built in 1962, the property offers a strong pro-forma NOI of $184,549, translating to a 4.10% pro-forma cap rate. The asking price is $4,500,000, representing a price per unit of $562,500. This prime location in the heart of Silicon Valley places the property within walking distance of major employers like Apple and Amazon, as well as popular amenities such as Whole Foods and Target. The property has been exceptionally well-maintained and has not been on the market for over 25 years, presenting a rare opportunity for a savvy investor to acquire a stable, high-performing asset with significant upside potential. The property's strong occupancy and desirable location make it an ideal investment for those seeking immediate cash flow and long-term appreciation. This is a rare chance to acquire a well-positioned multifamily asset in one of the most dynamic and sought-after markets in the country. The property is being offered as a single entity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,000,000
- ML approach
- $4,015,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cupertino
- County
- Santa Clara
- State
- California
- Longitude
- -122.035
- Latitude
- 37.3254
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA