Sold
764 San Justo CT
SUNNYVALE CA, 94085
$5,075,000
$626.16 per sqft
Sold
8,105 sqft
Multi-family
Built in 1959
Listed by Marcus & Millichap, Ismael Benhamida, Listing Contact: 4083736195
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.
ML81768201
MLSⓇ ID
March 9, 2024
Updated
Map
764 San Justo CT
SUNNYVALE CA, 94085
Interior Features
Interior Features
Laminate
Appliances
Cooktop, Dishwasher, Freezer, Refrigerator, Microwave, Oven, Range
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.45 Acres
Lot Features
Level
Roof
Composition, Shingle
Sewer
Public Sewer
School Information
School District
470
High School
Fremont High
Elementary School
San Miguel Elementary
Other Property Details
Area Name
Sunnyvale
Garage
No
Parking
Off Street
Parking Total
9
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
R3
Listed by Marcus & Millichap, Ismael Benhamida,
Listing Contact: 4083736195
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kiersten Ligeti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Kiersten Ligeti are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.
©2024 MLS Listing, Inc. All rights reserved. 2024
Data last updated 10:06 PM UTC, 3/9/2024