El Portal Apartments — Sale in Sunnyvale, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Sunnyvale, CA 94086

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Investment Figures

Cap rate
4.10%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

El Portal Apartments is a well-situated 25-unit value-add asset located on 280 W California Ave in the city of Sunnyvale, California. Situated on a large 30,155 square foot parcel of land, the subject property was originally constructed in 1974, featuring a gross building area of approximately 15,162 square feet. Tenants enjoy beautifully designed, spacious two-bedroom, one-bedroom, and studio floor plans. El Portal Apartments also offers tenants convenient amenities such as private parking and on-site laundry. El Portal Apartments is strategically situated in Sunnyvale’s vibrant Heritage District. This highly walkable neighborhood offers tenants immediate access to a dynamic mix of restaurants, retail, entertainment, and the Sunnyvale Caltrain Station—supporting both a high quality of life and strong renter demand. The subject property also benefits from proximity to major tech employers, excellent schools, and key transportation corridors, positioning it as an ideal investment for long-term growth and stable occupancy in one of the Bay Area’s most desirable submarkets. The investment appeal of this asset is driven by Sunnyvale’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, El Portal Apartments presents an attractive choice for South Bay renters with close proximity to major employers, shopping, dining, and entertainment options. Investment Highlights: • Incredible Value-Add Asset in Sunnyvale's Iconic Heritage District • Unprecedented Rent Growth • Desirable Unit Mix • Convenient Community Amenities • Abundant Lifestyle Amenities

Market Context

This multifamily in Sunnyvale, CA is listed for sale. It is offered at an approximate 4.1% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Sunnyvale, CA — view the full market.

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