1270 Coronado Dr, SUNNYVALE, CA

$12,250,000

Previous Next

19,230

Square feet

0.84

Acres

About 1270 Coronado Dr

Element Apartment Homes is a turnkey, extensively renovated community offering strong in-place income with no near-term capital requirements. All units feature private in-unit washer and dryer and new electrical subpanels, providing enhanced capacity and tenant appeal. The property has undergone a comprehensive renovation program approximately ~$1,500,000 in capital improvements, resulting in a fully renovated, turn-key asset with 25 of 26 units upgraded. In addition, every unit features a private in-unit washer and dryer, a highly differentiated amenity that supports tenant demand and retention. Capital improvements include roof replacement, upgraded subpanels, and extensive interior renovations. As a result, the offering provides a true zero near-term capital expenditure profile, allowing a buyer to step into stabilized operations without additional investment. The property is positioned in the core of Silicon Valley with close proximity to Apple, Google, NVIDIA, LinkedIn, and OpenAI in nearby Mountain View, placing it within one of the regions primary AI and technology employment corridors. Tour and additional information available upon request.

Features of 1270 Coronado Dr

MLS® # ML82040844
Price $12,250,000
Square Footage 19,230
Acres 0.84
Year Built 1963
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 1270 Coronado Dr
Area Sunnyvale
City SUNNYVALE
County Santa Clara
State CA
Zip Code 94086

Amenities

Utilities Individual Electric Meters
Parking Spaces 12
Garages Covered Parking, Uncovered Parking
Is Waterfront No
Has Pool Yes

Interior

Heating Electric
Cooling Other
Fireplace No

Exterior

Roof Composition
Foundation Concrete Perimeter and Slab

Additional Information

Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMitchell Zurich
OfficeMarcus & Millichap
Contact Info408-888-9594

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?