727 E Duane Ave, Sunnyvale, CA 94085
LISTED AT $4,795,000
12-Unit Multifamily | $120K Upside | Prime Sunnyvale Investment
Positioned just minutes from major Sunnyvale tech campuses and Downtown Sunnyvale, 727 E Duane Ave offers a rare opportunity to acquire a stabilized 12-unit multifamily property with immediate income and strong future upside.
The property features a mix of large 1-bedroom and 2-bedroom units, all occupied by long-term tenants on month-to-month leases—allowing a new owner the flexibility to implement strategic rent increases or renovate units to achieve full market value. Current gross rental income stands at $24,711 per month, with a pro forma market rent potential of $34,800 per month, offering over $120,000 in annual upside.
Set on a 9,276 sq ft lot with ample parking, 727 E Duane benefits from its prime Sunnyvale location near major thoroughfares, shopping centers, and employment hubs. The building’s durable wood frame construction, on-site coin-operated laundry, and low-maintenance exterior provide operational ease, while the spacious floorplans present value-add opportunities through targeted interior upgrades.
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APN: 205-16-018
Listing Price: $4,795,000
MLS Area: Sunnyvale
County: Santa Clara
Property Type: Multi-Family Residential – 12 Units
Zoning: R3
Ownership Type: Fee Simple
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Total Units: 12 Residential + Laundry Room
Unit Mix: 1 Bed / 1 Bath and 2 Bed / 1 Bath
Building Size: 9,276 sq ft
Year Built: 1958
Flooring: Mixed (verify vinyl plank, tile, or carpet)
Heating: Wall-mounted gas heaters
Cooling: Central Forced Air (Gas)
Appliances: Standard (gas stoves, refrigerators)
Interior Features: Spacious floorplans, month-to-month tenants, opportunity for upgrades
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Lot Size: 0.45 acres
Parking: Off-Street Parking
Roof: Composition
Construction: Wood Frame with durable exterior finishes
Additional Features: On-site laundry (coin-op)
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For further information or to schedule a private tour, please contact:
Chesca Joan Pagkalinawan REALTOR®
DRE License #: 02187076
Phone: (424) 468-3669
Office: (408) 854-0828
Email: chesca@nexthomeaxisrealty.com
Brokerage: NextHome Axis Realty
Office Address: 2690 S White Road, Suite 110, San Jose, CA 95148
Website: NextHomeAxisRealty.com
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Showing Instructions: Drive-by only. Interior inspections upon accepted offer. All tenants are Month-to-Month.
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