Four Palms Apartments is a stunning 16-unit multifamily asset located at 1277 Ayala Dr in the thriving city of Sunnyvale, California. Situated on a large 21,594 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 13,124 square feet,… Read More offering a mix of spacious three-bedroom, two-bedroom, and one-bedroom floor plans. The subject property offers tenants several modern amenities such as a sunny community pool, covered dedicated parking with additional uncovered parking, and an on-site laundry facility. Select units also feature private balconies. In addition to the countless tech employers, the subject property is within walking distance of Sunnyvale's Heritage District (1.5 miles) and Downtown Mountain View (1.8 miles). Sunnyvale's Heritage District and Downtown Mountain View play a unique role within the community offering countless modern lifestyle amenities. The investment appeal of this asset is driven by Sunnyvales strong employment fundamentals and low vacancy levels. With a world-class location in the South Bay, Four Palms Apartments presents an attractive choice for South Bay renters with close proximity to major employers, shopping, dining, and entertainment options. Read Less
Courtesy of Marcus & Millichap, Robert Johnston 510-304-8077
Listing Snapshot
Days Online
3
Last Updated
Property Type
Five Or More Units
Square Ft.
13,124
Lot Size
0.5 Acres
Year Built
1964
MLS Number
ML82012940
30 Days Snapshot Of 94086
$2.04M
0%
(avg) sold price
22
0%
homes sold
18
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 21594.00, Max Area Units: Square Feet, Lot is 0.49573002754821 acres
Accessibility Features
Other
Amenities
HOA amenities: Community Pool
Building
13,124 structure square feet, Age: 61, Built in 1964, 4 buildings, 16 minimum units in complex
Cooling
Other
Foundation
Concrete Slab, Raised
Garage
Carport, On Street
Water Features
Public
Heating
Other
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Water
Miscellaneous
Total expenses: 181278
Pool
Pool - In Ground
Property
Zoning: R4
Roof
Flat / Low Pitch
Security Features
None
Taxes
Annual tax amount: $74,255
Sewer
Sewer - Public
Utilities
Separate Electric, Separate Gas, Separate Water, Public Utilities
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