Sunnyvale, CA 94086,Address not disclosed
Sunnyvale, CA 94086,Address not disclosed
Sunnyvale, CA 94086,Address not disclosed
Sunnyvale, CA 94086,Address not disclosed
Sunnyvale, CA 94086,Address not disclosed
Sunnyvale, CA 94086,Address not disclosed
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$8,495,000

Est.Price: ?

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Est. payment /mo

0.67 Acres Lot


SOLD DATE : 07/01/2022

Key Details

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81885556

Sold Date 07/01/22

HOA Y/N No

Year Built 1964

Annual Tax Amount $101,999

Lot Size 0.665 Acres

Property Description

Erimar Apartments is a stunning 18-unit apartment community located at 767 S Wolfe Rd in the thriving city of Sunnyvale, California. Situated on a 28,329 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 17,354 square feet, consisting of beautifully designed two-bedroom and three-bedroom floorplans. The property features many community amenities including a sunny community courtyard, a sparkling pool, covered parking, and a laundry facility. Erimar Apartments has recently undergone interior capital improvement in select units. Interiors have been remodeled with modern high-end finishes and attractive updated kitchens including countertops, appliances and flooring.  The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels. With a world-class location in South Bay, this asset presents an attractive choice for South Bay renters.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 18

Roof Type Composition

Total Parking Spaces 10

Schools

School District Other

Others

Tax ID 21105007

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Robert Johnston Marcus & Millichap
Bought with Adam S. Levin Marcus & Millichap
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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