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+19093072019
LPT Realty Inc.
241 W Maude Avenue, Sunnyvale, CA 94085
- $5,998,500
- List Price
- $5,998,500
- Status
- ACTIVE
- MLS#
- ML82066256
- Year Built
- 1956
- Lot Size
- 21,600
- Acres
- 0.50
- Days on Market
- 2
- Property Type
- Commercial
Property Description
Excellent opportunity to acquire a well-maintained 16-unit apartment building in a highly desirable Sunnyvale location. Unit mix consists of 15 one-bedroom/one-bath units and one two-bedroom/one-bath unit Professionally managed by the same property management company for more than 30 years, reflecting consistent oversight and long-term care. Ideally located near major Silicon Valley employers, Downtown Sunnyvale, Caltrain, parks, shopping, dining, and convenient freeway and highway access. Situated in the heart of Silicon Valley, Sunnyvale continues to benefit from strong rental demand, a diverse employment base, and long-term investment appeal. Property features an exceptional rent roll and numerous significant capital improvements. Exterior of apartment building and carports painted in 2026Double-pane windows installed in 2018Building re-piped in 2021New security doors installed in 2022Roof installed in 2015**SB 721 inspection completed in 2026 with no outstanding items noted
Additional Information
- Taxes
- $11,468
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Composition
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $335,248
Listing courtesy of Listing Agent: Glen La Barber, GRI (glen@hillandcorealtors.com) from Listing Office: Hill & Co. Realtors.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.