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764 San Justo Ct, SUNNYVALE, CA – $5,100,000

  • $5.1M Price
  • 8,105 Sqft
  • .45 Acres
  • $5.1M Price
  • 8,105 Sqft
  • .45 Acres

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764 San Justo Ct

Part of a 3-building portfolio. Marketing packages available. CAP rate: 4.44% Current / 4.13% Potential. 764 San Justo Court is a wonderful 12-unit apartment community with 8 (2-Bed/1-Bath) and 4 (1-Bed/1-Bath) units. 5 units have large private patios and the grounds have mature trees and landscaping creating a garden style environment. 15 parking spaces. Recent capital improvements of over $300,000. 10 of 12 units remodeled. Copper piping and dual pane windows throughout. New electric main panel and subpanels in all units, backflows, siding, paint, roof work, and more. Strategically located near VTA, Caltrain, and Highway 101. Opportunity to add further value by increasing income and continuing the repositioning of the property to the preferences of Silicon Valley technology employees. The shortage of housing units, rent growth, and proximity to large Silicon Valley employers make 764 San Justo Court a great opportunity for both the cash flow and appreciation-minded investor.

Essential Information

  • MLS® #ML81768201
  • Price$5,100,000
  • Square Footage8,105
  • Acres0.45
  • Year Built1959
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusContingent

Community Information

  • Address764 San Justo Ct
  • AreaSunnyvale
  • CitySUNNYVALE
  • CountySanta Clara
  • StateCA
  • Zip Code94085

Amenities

  • Parking Spaces9

Utilities

Individual Electric Meters, Individual Gas Meters, Public Utilities

Interior

  • HeatingGas Heat, Wall Furnace
  • CoolingCeiling Fan

Exterior

  • Lot DescriptionGrade - Level
  • WindowsDouble Pane Windows
  • RoofComposition Roof, Shingle Roof
  • ConstructionConcrete Construction
  • FoundationConcrete Slab

Additional Information

  • ZoningR3

Listing Details

  • AgentIsmael Benhamida
  • OfficeMarcus & Millichap
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Price Change History for 764 San Justo Ct, SUNNYVALE, CA (MLS® #ML81768201)

Date Details Price Change
Contingent (from Active)

© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of November 14th, 2019 at 7:56pm CST.
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.