530 Columbia AveSunnyvale, CA 94085

This exceptional 6-unit apartment building presents a compelling value-add opportunity in the thriving Sunnyvale, CA market. Located just one mile from downtown Sunnyvale, this property boasts a desirable location near major tech employers like Google, LinkedIn, Microsoft, and NVIDIA, ensuring strong tenant demand. The 4,101 square foot building, constructed in 1961, sits on an 8,276 square foot lot and features a versatile unit mix: one 3-bedroom/2-bathroom unit, one 2-bedroom/1-bathroom unit, and four 1-bedroom/1-bathroom units. Recent upgrades include four remodeled bathrooms and a complete copper hot water pipe replacement. The property currently enjoys 100% occupancy, generating a current NOI of $70,913, with a pro-forma NOI projected at $128,135, reflecting significant upside potential. The spacious two-story front unit offers owner-occupancy potential. Its convenient location provides easy access to Lawrence Expressway, El Camino Real, and Highways 101 and 237. The asking price is $2,200,000, representing a price per unit of $366,667 and a price per square foot of $536.45. The property is zoned R3. Detailed due diligence materials are available. This is a rare opportunity to acquire a well-located multifamily property with substantial growth potential in one of California's most dynamic markets.