Home | Santa Clara County | Sunnyvale | 94085 | 748 Carmel Ave
MLS: ML82028387 | Status: | Price: $1,928,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,708 | 9,000 | 1959 |
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.
| Field | Value |
|---|---|
| MLS # | ML82028387 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Laundry | Coin Operated |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Wood Frame |
| 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 |
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 6 | 6 |
| 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 data provided by GreatSchools.org
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030.