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$2,680,000
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Property Description
Rare 7-unit apartment investment opportunity in Sunnyvale, offered at $382,857 per unit. The fully occupied property features an attractive unit mix of one three-bedroom/two-bathroom, two two-bedroom/one-bathroom, and four one-bedroom/one-bathroom units, totaling 5,217 square feet on a 0.25-acre lot. The well-maintained 1959-built property features dual-pane windows throughout and updated Siemens electrical sub-panels. Long-term ownership and current rents provide significant rental upside, with no citywide rent control ordinance currently in place. Sunnyvale's strong rental market has experienced nearly 10% year-over-year rent growth, supporting continued income growth. The property offers a 6.92% pro forma cap rate based on projected market rents. This offering provides an opportunity to acquire a fully occupied Sunnyvale multifamily asset with stable in-place income and a clear path to increased cash flow through unit turnover, consistent rent increases, and continued market rent growth.
Full Property Details
Full Property Details for 622 Grand Fir Ave
General
- Price: $2,680,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82061216
- Updated: 9/14/2026
- Added to Site: 17 day(s) ago
Interior
- Flooring: Carpet, Vinyl / Linoleum
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: Covered Parking
Location
- Area: Sunnyvale
- County: Santa Clara
Heating & Cooling
- Cooling Type: Window / Wall Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Construction: Wood Frame
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
- Disability Access: None
- Square Feet: 5,217
- Year Built: 1959
Unit Information
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.25
- Minimum Lot Size: 10900
- Building Sites: 2
- Zoning: R4
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Jimmy Castellanos
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Schools
Schools serving 622 Grand Fir Ave
School Districts:Sunnyvale Elementary School District, Fremont Union High School District
| Name | Grades | Distance |
|---|---|---|
Ellis Elementary School 550 East Olive Avenue, Sunnyvale, CA 94086 | K-5 | 0.3 mi |
Sunnyvale Middle School 1080 Mango Avenue, Sunnyvale, CA 94087 | 6-8 | 1.7 mi |
Fremont High School 575 W. Fremont Ave., Sunnyvale, CA 94087 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 622 Grand Fir Ave
Date
Details
Price
Change
Source
9/14/2026
Listed
$2,680,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 622 Grand Fir Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,333
—
$2,754,000
169%
2025
$12,333
4%
$1,024,026
2%
2024
$11,892
1%
$1,003,948
2%
2023
$11,754
2%
$984,263
2%
2022
$11,535
1%
$964,965
2%
2021
$11,416
1%
$946,045
1%
2020
$11,272
2%
$936,345
2%
2019
$11,023
2%
$917,986
2%
2018
$10,804
1%
$899,987
2%
2017
$10,666
4%
$882,341
2%
2016
$10,229
-1%
$865,042
2%
2015
$10,289
2%
$852,049
2%
2014
$10,087
2%
$835,359
—
2013
$9,911
—
$831,584
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 622 Grand Fir Ave
622 Grand Fir Ave, Sunnyvale, CA 94086 (MLS# ML82061216) is a Commercial Residential Facility property. 622 Grand Fir Ave is currently listed for $2,680,000 and was received on September 14, 2026. Want to learn more about 622 Grand Fir Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Sunnyvale? You can browse all Sunnyvale real estate or contact a Coldwell Banker agent to request more information.

