12
See all 12 photos
$6,400,000
Est. payment /mo
0.5 Acres Lot
New
1277 Ayala DR Sunnyvale, CA 94086
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82012940
HOA Y/N No
Year Built 1964
Annual Tax Amount $74,255
Lot Size 0.496 Acres
Property Description
Four Palms Apartments is a stunning 16-unit multifamily asset located at 1277 Ayala Dr in the thriving city of Sunnyvale, California. Situated on a large 21,594 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 13,124 square feet, offering a mix of spacious three-bedroom, two-bedroom, and one-bedroom floor plans. The subject property offers tenants several modern amenities such as a sunny community pool, covered dedicated parking with additional uncovered parking, and an on-site laundry facility. Select units also feature private balconies. In addition to the countless tech employers, the subject property is within walking distance of Sunnyvale's Heritage District (1.5 miles) and Downtown Mountain View (1.8 miles). Sunnyvale's Heritage District and Downtown Mountain View play a unique role within the community offering countless modern lifestyle amenities. The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels. With a world-class location in the South Bay, Four Palms Apartments presents an attractive choice for South Bay renters with close proximity to major employers, shopping, dining, and entertainment options.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R4
Interior
Fireplace No
Exterior
Carport Spaces 16
Roof Type Flat
Building
Water Public
Schools
School District Other
Others
Tax ID 16115012
Special Listing Condition Standard
Listed by Robert Johnston Marcus & Millichap