Home | Santa Clara County | Sunnyvale | 94086 | 1270 Coronado Dr
MLS: ML82040844 | Status: | Price: $11,600,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 19,230 | 36,800 | 1963 |
$800,000 PRICE REDUCTION - NEW PRICE $11,600,000. SELLER IS TARGETING A YEAR END CLOSING AND ENCOURAGES OFFERS. Offering Memorandum and DD File available. Element Apartment Homes is an extensively renovated 26 unit apartment community offering strong in place income with limited near term capital requirements. The property has undergone a comprehensive renovation program with more than $1.35 million in capital improvements. All units feature private in unit washer and dryer and upgraded electrical subpanels, providing enhanced capacity and tenant appeal. Additional capital improvements include roof replacement, seismic retrofit, dual pane windows, copper plumbing, extensive interior renovations, and more. The property continues to offer upside in existing rents, supported by strong rent growth across Sunnyvale. Sunnyvale apartment rents increased 7%+ year-over-year in Q2 2026, supporting continued rental upside. The property is positioned in the core of Silicon Valley with close proximity to Apple, Google, NVIDIA, LinkedIn and OpenAIs new Silicon Valley campus, placing it within one of the regions primary AI and technology employment corridors.
| Field | Value |
|---|---|
| MLS # | ML82040844 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 138 |
| Feature | Details |
|---|---|
| Cooling | Other |
| Heating | Electric |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter and Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Covered Parking, Garage: 0 Car(s) |
| Elementary District | Sunnyvale |
| High School District | Fremont Union High |
| Zoning | R3 |
Mitchell Zurich
Marcus & Millichap
License #: 01870648
Phone: (408) 888-9594
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 26 | 26 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | – | – | 10 |
| 2 | – | 1 | 1/0 | – | – | 16 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of September 16, 2026. For the most current information, please contact Mitchell Zurich, (408) 888-9594.