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Coronado Dr, Sunnyvale, CA, 94086

3beds
2baths
19,230sqft
$12,400,000
$645price/sqft
$74,462/moest. monthly cost
$2,978,480/yrincome needed

About This Home

Element Apartment Homes is a turnkey, extensively renovated community offering strong in-place income with no near-term capital requirements. All units feature private in-unit washer and dryer and new electrical subpanels, providing enhanced capacity and tenant appeal. The property has undergone a comprehensive renovation, with 25 of 26 units completely upgraded. Improvements include dual-pane windows, modernized interiors, new exterior paint, siding and lighting, and a renovated courtyard with BBQ area. Major capital upgrades include a seismic retrofit and new roof, significantly reducing future capital needs. Located in the heart of Silicon Valley near major employers such as Apple, OpenAI Google, NVIDIA, and LinkedIn, the property benefits from strong underlying rental demand.

Getting Around

37
WalkingCar-Dependent
41
TransitSome Transit
86
BikeVery Bikeable

Schools

3/10
Vargas Elementary SchoolGrades K-50.4 mi
9/10
Sunnyvale Middle SchoolGrades 6-81.4 mi
10/10
Homestead High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1963

Materials

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Five Or More Units,Residential Income

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Door features: None

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Other

Interior Area

  • Total structure area: 19,230
  • Total interior livable area: 19,230 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 16117013
  • Zoning: R3
  • Special condition: Standard

Lot

  • Lot size: 0.84 Acres

Parking

  • Total spaces: 12
  • Parking features: Covered
  • Carport: Yes