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Commercial Property — 1270 Coronado Drive, Sunnyvale, CA

$12,400,000

1270 Coronado Drive, Sunnyvale, CA

$12,400,000 — 1270 Coronado Drive, Sunnyvale, CA — photo 1 $12,400,000 — 1270 Coronado Drive, Sunnyvale, CA — photo 2 $12,400,000 — 1270 Coronado Drive, Sunnyvale, CA — photo 3 $12,400,000 — 1270 Coronado Drive, Sunnyvale, CA — photo 4 $12,400,000 — 1270 Coronado Drive, Sunnyvale, CA — photo 5
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About this property

Element Apartment Homes is a turnkey, extensively renovated community offering strong in-place income with no near-term capital requirements. All units feature private in-unit washer and dryer and new electrical subpanels, providing enhanced capacity and tenant appeal. The property has undergone a comprehensive renovation, with 25 of 26 units completely upgraded. Improvements include dual-pane windows, modernized interiors, new exterior paint, siding and lighting, and a renovated courtyard with BBQ area. Major capital upgrades include a seismic retrofit and new roof, significantly reducing future capital needs. Located in the heart of Silicon Valley near major employers such as Apple, OpenAI Google, NVIDIA, and LinkedIn, the property benefits from strong underlying rental demand.

Property details

Square feet
19,230
Year built
1963
Property type
CommercialSale

Location

1270 Coronado Drive • Sunnyvale, CA 94086

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Listed by

Mitchell Zurich · Marcus & Millichap

Listing courtesy of Marcus & Millichap. Information deemed reliable but not guaranteed.

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