962 W Weddell DR, Sunnyvale, CA 94089
- $4,775,000
- 8,300
- SqFt
- List Price
- $4,775,000
- Price Change
- ▼ $225,000 1773213000
- MLS#
- ML82033703
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 8,300
- Lot Size
- 31,995
- Listing Area
- Sunnyvale
- Year Built
- 1961
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.
Additional Information
- Age
- 65
- Building Name
- Ponderosa Apartments
- Cooling System
- Other
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Assigned Spaces, Unassigned Spaces
- Heating System
- Wall Furnace
- Living Area
- 8,300
- Lot Size
- 31,995
- Neighborhood
- Sunnyvale
- Other Utilities
- Individual Electric Meters
- Pool Description
- Pool - In Ground
- Roof
- Flat / Low Pitch
- Sewer
- Sewer Connected
- Special Features
- None
- Total Number Of Units
- 20
- Zoning
- R4
Mortgage Calculator
Listing courtesy of Mitchell Zurich from Marcus & Millichap. 408-888-9594
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