748 Carmel Avenue, Sunnyvale, CA 94085

• 3,708 sqft

Property Description

Marcus & Millichap is pleased to present 748 Carmel Avenue, a rare six-unit apartment complex in one of Sunnyvales most desirable rental pockets. The property features four spacious 1-bedroom/1-bathroom units and two large 2-bedroom/1-bathroom units, offering a balanced unit mix for both stability and rent growth. With a current CAP rate of 4.91% and a 13.29 GRM, the property provides strong in-place income with additional upside through capital improvements and management efficiencies. Located just minutes from Downtown Sunnyvale, Apple Park, major employers, and top schools, 748 Carmel Avenue is an ideal opportunity for investors seeking a well-maintained asset in a premier Silicon Valley location.

Listing Status:

Active

Date Added:

November 28, 2025 at 06:00AM

Listing Office:

Marcus & Millichap : (650) 391-1700

Listing Agent:

Eymon Binesh : 650-546-1030

MLS ID:

ML82028387

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Composition

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_MLSL
• School District: Other
• County: Santa Clara

Lot

• Zoning: R320516002

Utilities

• Water: Public

Financial

• Source: CRMLS_MLSL

This listing courtesy of Eymon Binesh, Marcus & Millichap