962 W Weddell DR, Sunnyvale, CA 94089
962 W Weddell DR, Sunnyvale, CA 94089
962 W Weddell DR, Sunnyvale, CA 94089
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Leon Borunda

Leon Borunda

+1(559) 779-6540
$4,775,000
Est. payment /mo
0.73 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82033703

HOA Y/N No

Year Built 1961

Annual Tax Amount $56,473

Lot Size 0.734 Acres

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 699 - Not Defined

Zoning R4

Interior

Heating Wall Furnace

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 27

Schools

School District Other

Others

Tax ID 11012061

Special Listing Condition Standard

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Listed by Mitchell Zurich Marcus & Millichap #01870648

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Leon Borunda

Leon Borunda

+1(559) 779-6540

Realtor | License ID: 01818465

Realtor License ID: 01818465

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