Additional details

Ella(Yan) Liang

liangsv@gmail.com +1(408) 656-9816

Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648

$4,775,000

Est. payment - /mo

1 Bed

2 Baths

8,300 SqFt

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UPDATED:

Key Details

Property Type Commercial Multi-Residential (5 units)

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 8,300 sqft

Price per Sqft $575

MLS Listing ID ML82033703

Bedrooms 1

Full Baths 2

Year Built 1961

Lot Size 0.735 Acres

Property Sub-Type Five or More Units

Property Description

The Zurich Group of Marcus & Millichap is pleased to present Ponderosa Apartments at 960962 W. Weddell Drive, a 20-unit apartment community located on the highly desirable Sunnyvale/Mountain View border. The property consists of two 10-unit buildings centered around a pool courtyard and offers strong in-place cash flow with future rental upside. The unit mix includes nineteen studio units and one one-bedroom unit occupied by the onsite manager, along with onsite laundry facilities and approximately 27 uncovered parking spaces. Ideally positioned near Highway 101 and State Route 237, the property provides excellent commuter access throughout Silicon Valley and is surrounded by major technology employers including Google, Apple, Amazon, LinkedIn, Microsoft, and the Moffett Park employment corridor. Residents also benefit from close proximity to Downtown Sunnyvale and Downtown Mountain View, offering a wide range of dining, retail, and entertainment options. Located in one of Silicon Valleys most desirable and supply-constrained rental submarkets, Ponderosa Apartments represents a compelling opportunity to acquire a well-located multifamily asset with stable cash flow and long-term rental growth potential. MARKETING PACKAGE AVAILABLE UPON REQUEST.

Location

State CA

County Santa Clara

Area Sunnyvale

Building/Complex Name Ponderosa Apartments

Zoning R4

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Assigned Spaces, Unassigned Spaces

Pool Pool - In Ground

Utilities Available Individual Electric Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Restrictions None

Tax ID 110-12-061

Security Features None

Special Listing Condition Not Applicable

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Ella(Yan) Liang

+1(408) 656-9816

Realtor | License ID: 01933960

Realtor License ID: 01933960

962 W Weddell DR Sunnyvale, CA 94089

Ella(Yan) Liang

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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