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Property profile & analytics
OFF-MARKET Estimated value $680,000
Apartment buildings

1229 Parkington Ave Sunnyvale, CA 94087-1568

4,128 SF 0.23 ac lot Built 1956
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US09-0173039
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1956
Construction WOOD
Total area 4,128 SF
Lot 0.23 ac (10,200 SF)
Zoning code R3
APN 198-15-003
UPID US09-0173039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k
Owner & transaction history
Sunrise Valley LLC · 5 yrs held
Sunrise Valley LLC
since 2021
7 recorded transactions
2021
Price N/A
2020
$2.7M
2017
Price N/A
2004
$1.2M
2003
$1.0M
2002
Price N/A
1969
Price N/A
Zoning & alternative use
R3 · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The R-3 medium density residential zoning district is reserved for the construction, use and occupancy of not more than twenty-four dwelling units per acre. (f) The R-4 high density residential zoning district is reserved for the construction, use and occupancy of not more than thirty-six dwelling units per acre. (g) The R-5 high density residential and offi…

Zone name Medium Density Residential
General category RESIDENTIAL
Zone area 914.69 ac
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