This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1256 Balboa Ct
Sunnyvale, CA 94086
1256 Balboa Ct · Multifamily Property For Sale
·
18 Units
Property Facts
| No. Units | 18 | Lot Size | 0.57 AC |
| Property Type | Multifamily | Building Size | 12,375 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Zoning | R3 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 12,375 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Heating
- Kitchen
About 1256 BALBOA CT , SUNNYVALE, CA 94086
- 14 Spacious Apartment Home -Like Units (with Owner's Unit) - Unit Size: 660 SF to 1,188 SF - Large Units - Very Reasonable Cost/SF: $438/SF - One of the Lowest Cost/SF for Multifamily Properties in the Silicon Valley/Peninsula - Extremely Well-Constructed Asset (by Avery Construction) in Prime Sunnyvale Location - First Time on Market in 40+ Years - Balconies/Patios for All Units, Pool, Bike Storage Area - Air-Conditioning (AC), Dishwasher, Soundproof Flooring in All Units - Potential to Add In-Unit Washer/Dryers - Dual Pane Windows, Copper Plumbing, New Roof, Exterior Paint, Water Heater, etc. - Wood-Burning Fireplaces: 5 Units in 1256 Balboa - 26 Total Parking Spaces - 1 Enclosed Garages - 14 Enclosed Carports - 11 Outdoor Parking Spaces - Building Area: 12,375 SF (per Santa Clara County) - Cost/SF: $475/SF - Lot Size: 24,650 SF - Current Cap Rate: 2.39% - Current GRM: 21.1 - Pro-Forma Cap Rate: 4.55% - Pro-Forma GRM: 14.4 - AAA+ Sunnyvale Location - Cul-de-Sac Location - One of Few High-Quality Apartment Assets Built By Avery Construction - Excellent Alternative to Smaller, High-Density New Construction Units - Easy Access to El Camino Real, 85, 237, 101, and 280 - Potential to Reposition into Large Apartment Homes or Penthouse-Style Units - Desirable Tenant Demographic in a Strong, High-Growth Rental Sub-Market - Minutes to Mt. View & Sunnyvale Cal-Train Stations, and Easy Access to Apple HQ, LinkedIn, Google, HP, Microsoft, Yahoo!, Juniper, Motorola, and More - Award-Winning Schools: Vargas Elementary, Sunnyvale Elementary, Homestead High School - Huge Repositioning & Rental Upside. No Rent Control
Property Taxes
| Parcel Number | 161-16-017 | Improvements Assessment | $1,407,161 |
| Land Assessment | $4,221,485 | Total Assessment | $5,628,646 |
Property Taxes
