$2,200,000
PENDING

457 Carneros Ave Sunnyvale, CA 94086

Estimated payment $13,761/month

Total Views 360
7 Beds
4 Baths
3,354 Sq Ft
$656 Price per Sq Ft

About This Home

457 Carneros Avenue is a well-maintained four-unit apartment complex located in one of Sunnyvales most sought-after residential pockets. The property features a desirable unit mix consisting of (3) spacious two-bedroom units and (1) one-bedroom unit, catering to the strong local demand driven by the areas exceptional employment base. Residents benefit from immediate proximity to Apple, Google, Meta, LinkedIn, Amazon, NVIDIA, and numerous other world-class Silicon Valley employers, making this an ideal location for attracting and retaining quality long-term tenants. With efficient layouts, on-site parking, and strong in-place income, the property offers stable cash flow today with upside potential through selective interior improvements. This is a rare opportunity to own a fourplex in one of the most supply-constrained and consistently high-performing rental markets in the Bay Area. Marketing Package available upon request.

Listing Agent

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 12/10/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 9,840 Sq Ft Lot

Parking

  • 3 Car Garage
  • Uncovered Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,354 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,366
  • Maintenance Expense $2,000
  • Other Expense $399
  • Utility Expense $6,450
  • Operating Expense $36,221
  • Gross Income $105,342

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

3

Listing Details

  • Zoning: SU
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3354
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3354
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Covered Parking, Uncovered Parking

Utilities

  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2259
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9840.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9840.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 20.26
  • Number Of Leased: 4

Multi Family

  • Expense Insurance: 1366
  • Expense Maintenance: 2000
  • Expenses Other: 399
  • Expenses Total: 36221
  • Expenses Utility: 6450
  • Income Annual Gross: 105342.00
  • Income Annual Rental: 108600
  • Income Gross Scheduled: 108600
  • Income Includes: Lease
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Pending -- -- --
12/10/2025 12/10/25 For Sale $2,200,000 -- $656 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82029203

MLSListings

APN: 161-24-027