10160 Park CirCupertino, CA 95014

Property Details for 10160 Park Cir

Year built

1962

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

6,440 SF

Zone code

R3

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

326-32-046

APU

32632046

Description

This exceptional 8-unit apartment building in Cupertino, CA presents a compelling value-add investment opportunity. Located on a 0.29-acre lot, this two-building, two-story complex boasts 6,440 square feet of net rentable space and is currently operating at 100% occupancy. Built in 1962, the property offers a strong pro-forma NOI of $184,549, translating to a 4.10% pro-forma cap rate. The asking price is $4,500,000, representing a price per unit of $562,500. This prime location in the heart of Silicon Valley places the property within walking distance of major employers like Apple and Amazon, as well as popular amenities such as Whole Foods and Target. The property has been exceptionally well-maintained and has not been on the market for over 25 years, presenting a rare opportunity for a savvy investor to acquire a stable, high-performing asset with significant upside potential. The property's strong occupancy and desirable location make it an ideal investment for those seeking immediate cash flow and long-term appreciation. This is a rare chance to acquire a well-positioned multifamily asset in one of the most dynamic and sought-after markets in the country. The property is being offered as a single entity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,825,603

  6.5%

  $4,454,403

  7%

  $4,136,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,784,080

  Geo Method

  $2,784,080

• Alternative Use

  Use

  Valuation

  Residential

  $4,454,403

  Hospitality

  $4,080,209

  Educational

  $3,394,686

  Medical

  $3,511,434

  Retail

  $5,280,622

Location Insight

City

Cupertino

County

Santa Clara

State

California

Latitude

37.3254

Longitude

-122.035

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].