962 W Weddell Dr, SUNNYVALE, CA

$4,775,000

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8,300

Square feet

0.73

Acres

About 962 W Weddell Dr

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.

Features of 962 W Weddell Dr

MLS® # ML82033703
Price $4,775,000
Square Footage 8,300
Acres 0.73
Year Built 1961
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 962 W Weddell Dr
Area Sunnyvale
City SUNNYVALE
County Santa Clara
State CA
Zip Code 94089

Amenities

Utilities Individual Electric Meters
Parking Spaces 27
Garages Assigned Spaces, Unassigned Spaces
Is Waterfront No
Has Pool Yes

Interior

Heating Wall Furnace
Cooling Other
Fireplace No

Exterior

Roof Flat / Low Pitch
Foundation Concrete Perimeter and Slab

Additional Information

Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarcus & Millichap
Contact Info408-888-9594

Listing Map

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