11/09/2024
NEW LISTING:
1237 Coronado Dr, Sunnyvale, CA 94086 Price: $2,520,000
1241 Coronado Dr, Sunnyvale, CA 94086 Price: $2,520,000
Contacts: Elijah Loredo
Phone: (669)-284-4374
Email: [email protected]
Located at 1237-1241 Coronado Drive in Sunnyvale, CA, this rare 8-unit multifamily complex offers a unique investment opportunity. GRM on these properties are approximately 18.2. Return is approximately 13.2% with a 30% down payment. Situated on a 7,320 sq ft lot, each of the two identical buildings features 4 spacious units, totaling 3,763 sq ft. With a blend of comfort, convenience, and ample space, these units are ideal for both family living and hosting. Inside, you'll find open floor plans with abundant natural light, modern kitchens with durable Formica countertops and appliances, and a cozy living area with a charming fireplace. Practical features include laminate, tile, and vinyl flooring, plus in-unit washers and dryers for added convenience. The property is located in a highly desirable Sunnyvale neighborhood, close to major tech employers, top-rated schools, and vibrant shopping and dining. This is a rare opportunity to secure a prime investment in Silicon Valley. All tenants have been notified, and we cooperate with 1031 exchanges. We will consider concession for buyers agent Pro-Forma income is approximately 10% higher. Schedule a tour today to explore 1237-1241 Coronado Dr! Contact Elijah to schedule a showing (669)-284-4374
