Description

676 Garland Ave presents a rare opportunity to acquire a 6-unit multifamily asset in the heart of Sunnyvale with immediate upside and strong in place income. 5 of the units are currently rented on a month-to-month basis with 1 unit on a 1 year lease, offering a new owner the ability to adjust rents or reposition the property from day one. The property features a versatile unit mix, including a rare 3-bedroom, 1.5-bath unit with private patio and fireplace, three 2-bedroom 1 bath units, and two 1-bedroom 1 bath units appealing to a broad tenant base in a high-demand Silicon Valley rental market. Current rents are below market, providing clear potential for increased income over time. Tenants enjoy shared outdoor space, on-site laundry facilities, and individual storage lockers. The property also includes a TUFF shed and an additional storage room currently utilized by the owner, offering potential for added income. Located in a prime Sunnyvale location with close proximity to major tech employers, transportation corridors, and everyday amenities, this asset combines location, flexibility, and value-add potentialmaking it an ideal investment for long-term growth and repositioning. SB721 Inspection passed with no repairs needed.