1270 Coronado Drive, Sunnyvale, CA 94086
1270 Coronado Drive, Sunnyvale, CA 94086
1270 Coronado Drive, Sunnyvale, CA 94086
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Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000
Listed by Mitchell Zurich • Marcus & Millichap
$12,400,000
Est. payment /mo
19,230 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 19,230 sqft

Price per Sqft $644

MLS Listing ID ML82040844

HOA Y/N No

Year Built 1963

Lot Size 0.845 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Element Apartment Homes is a turnkey, extensively renovated community offering strong in-place income with no near-term capital requirements. All units feature private in-unit washer and dryer and new electrical subpanels, providing enhanced capacity and tenant appeal. The property has undergone a comprehensive renovation program approximately ~$1,500,000 in capital improvements, resulting in a fully renovated, turn-key asset with 25 of 26 units upgraded. In addition, every unit features a private in-unit washer and dryer, a highly differentiated amenity that supports tenant demand and retention. Capital improvements include roof replacement, upgraded subpanels, and extensive interior renovations. As a result, the offering provides a true zero near-term capital expenditure profile, allowing a buyer to step into stabilized operations without additional investment. The property is positioned in the core of Silicon Valley with close proximity to Apple, Google, NVIDIA, LinkedIn, and OpenAI in nearby Mountain View, placing it within one of the regions primary AI and technology employment corridors. Tour and additional information available upon request.

Location

State CA

County Santa Clara

Interior

Heating Electric

Cooling Other

Fireplace No

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Bay East Association of Realtors
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Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000

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1270 Coronado Drive