1270 Coronado Drive, Sunnyvale, CA 94086
1270 Coronado Drive, Sunnyvale, CA 94086
1270 Coronado Drive, Sunnyvale, CA 94086
30
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$11,600,000
Est. payment /mo
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19,230 SqFt
Active

1270 Coronado Drive Sunnyvale, CA 94086

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Key Details

Property Type COMM RI MULTI-UNITS 5

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 19,230 sqft

Price per Sqft $603

MLS Listing ID ML82040844

HOA Y/N No

Year Built 1963

Lot Size 0.845 Acres

Property Sub-Type Other

Property Description

$800,000 PRICE REDUCTION - NEW PRICE $11,600,000. SELLER IS TARGETING A YEAR END CLOSING AND ENCOURAGES OFFERS. Offering Memorandum and DD File available. Element Apartment Homes is an extensively renovated 26 unit apartment community offering strong in place income with limited near term capital requirements. The property has undergone a comprehensive renovation program with more than $1.35 million in capital improvements. All units feature private in unit washer and dryer and upgraded electrical subpanels, providing enhanced capacity and tenant appeal. Additional capital improvements include roof replacement, seismic retrofit, dual pane windows, copper plumbing, extensive interior renovations, and more. The property continues to offer upside in existing rents, supported by strong rent growth across Sunnyvale. Sunnyvale apartment rents increased 7%+ year-over-year in Q2 2026, supporting continued rental upside. The property is positioned in the core of Silicon Valley with close proximity to Apple, Google, NVIDIA, LinkedIn and OpenAIs new Silicon Valley campus, placing it within one of the regions primary AI and technology employment corridors.

Location

State CA

County Santa Clara

Zoning R3

Interior

Heating Electric

Cooling Other

Fireplace No

Building

New Construction No

Others

Tax ID 16117013


Bridge MLS
Listed by Mitchell Zurich • Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Grant Inaba

Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

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1270 Coronado Drive