---
listing_id: ML82028387
status: Closed
price: 1928000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 3708
sqft_lot: 9000
lot_acres: 
year_built: 1959
property_type: Residential Income
property_subtype: 
address: "748 Carmel Ave"
city: Sunnyvale
state: CA
zip: 94085
county: "Santa Clara County"
lat: 37.389804
lng: -122.010386
days_on_market: 123
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Eymon Binesh"
list_office: "Marcus & Millichap"
list_agent_phone: "(650) 546-1030"
list_agent_license: 02060059
mls_source: MLSL
modified: 2026-01-30
transaction_type: recentlySold
---

Home | Santa Clara County | Sunnyvale | 94085 | 748 Carmel Ave

748 Carmel Ave, Sunnyvale, CA 94085

MLS: ML82028387 | Status: | Price: $1,928,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
3,708 9,000 1959

Remarks

Marcus & Millichap is pleased to present 748 Carmel Avenue, a rare six-unit apartment complex in one of Sunnyvales most desirable rental pockets. The property features four spacious 1-bedroom/1-bathroom units and two large 2-bedroom/1-bathroom units, offering a balanced unit mix for both stability and rent growth. With a current CAP rate of 4.91% and a 13.29 GRM, the property provides strong in-place income with additional upside through capital improvements and management efficiencies. Located just minutes from Downtown Sunnyvale, Apple Park, major employers, and top schools, 748 Carmel Avenue is an ideal opportunity for investors seeking a well-maintained asset in a premier Silicon Valley location.

MLS Listing Information

Field Value
MLS # ML82028387
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Laundry Coin Operated
Cooling None
Heating Wall Furnace

Exterior Features

Feature Details
Roof Composition
Foundation Wood Frame

Parking, School, and Other Information

Feature Details
Garage/Parking Off-Street Parking, Garage: 0 Car(s)
Elementary District Sunnyvale
High School District Fremont Union High
Sewer Public Sewer
Water Public
Zoning R3

Contact Information

Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030

Property Units

# Buildings # Leased Units # Total Units
1 6 6

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 537 1 1/0 $1,752 $2,174 4
2 780 2 1/0 $2,082 $2,714 2

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
San Miguel Elementary School public K-5 0.12 mi 5
Columbia Middle School public 6-8 0.57 mi 6
Lakewood Elementary School public K-5 0.63 mi 6
Bishop Elementary School public K-5 0.81 mi 7
Fairwood Elementary School public K-5 1.16 mi 9
Mission Early College High public 9-12 1.59 mi 10
Ellis Elementary School public K-5 1.63 mi 7
Braly Elementary School public K-5 1.81 mi 9
Ponderosa Elementary School public K-5 1.86 mi 9
Adrian Wilcox High School public 9-12 2.13 mi 8
Vargas Elementary School public K-5 2.15 mi 3
Cumberland Elementary School public K-5 2.44 mi 10
New Valley Continuation High School public 9-12 2.44 mi 1
Bracher Elementary School public K-5 2.47 mi 6
Briarwood Elementary School public K-5 2.49 mi 5
Kathryn Hughes Elementary School public K-5 2.76 mi 5
Marian A. Peterson Middle School public 6-8 2.79 mi 8
Jose Antonio Vargas Elementary public K-5 2.83 mi 8
Slater Special Education Preschool public UG 2.86 mi N/A
Fremont High School public 9-12 2.88 mi 9

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030.