Listing Courtesy of Ismael Benhamida - Marcus & Millichap
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  • 7
  • 1959
  • 0.46
Active Status Other
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Part of a 3-building portfolio- marketing packages available. CAP rate: 4.21% Current / 5.18% Potential. 763 San Justo Court is a wonderful 13-unit apartment community with 5 (3-Bed/1-Bath), 3 (2-Bed/1-Bath), and 5 (1-Bed/1-Bath) units. Six units have large private patios and the grounds have mature trees and landscaping creating a garden style environment. Recent capital improvements of over $380,000. 11 of 13 units remodeled. Copper piping and dual pane windows throughout. New electric main panel and subpanels in all units, backflows, exterior 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 it a great opportunity for both the cash flow and appreciation-minded investor.

Address: 763 San Justo Court
State: CA
City: Sunnyvale
County: Santa Clara
Zip Code: 94085
MLS#: ML81768202
MLS Area: All Other Counties/States

Price History

Date Price Event Change MLS#:
9/12/2019 $5,850,000 List Price ML81768202

Nearby Schools

Rainbow Montessori C.D.C.(K-6)
San Miguel Elementary School(K-5)
Spark Charter(K-8)
Lakewood Elementary School(K-5)
Bishop Elementary School(K-5)
Fairwood Elementary School(K-5)
Ellis Elementary School(K-5)
Rainbow Montessori C.D.C.(K-6)
The King's Academy(6-12)4
Columbia Middle School(6-8)4
Spark Charter(K-8)
Summit Public School: Denali(6-7)5
The King's Academy(6-12)4

Interior Details

  • Appliances:
  • Features:
  • Furnished:
  • Floor Type:Laminate, Tile
  • Cooling:Ceiling Fan(S)
  • Heating:Wall Furnace
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Sewer:Sewer System - Public,Water - Public

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0

Associated Agents

  • Listing Agent:Marcus & Millichap - Ismael Benhamida
Property Information Last Updated: 9/19/2019 9:43:13 PM
Property Listed By Marcus & Millichap


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