Carmel Ave, Sunnyvale, CA 94085
Property image
Property image
SOLD
JAN 8, 2026

Carmel Ave
Sunnyvale, CA 94085

San Miguel
  • 3 Beds
  • 2 Baths
  • 3,708 sqft

$1,928,000

Last Sold: Jan 8, 2026
5% below list $2.03M
$520/sqft
Est. Refi. Payment $11,695/mo*

$1,928,000

Last Sold: Jan 8, 2026
5% below list $2.03M
$520/sqft
Est. Refi. Payment $11,695/mo*
3 Beds
2 Baths
3,708 sqft

Local Information

  • Map ViewExplore the area around Carmel Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Marcus & Millichap is pleased to present 748 Carmel Avenue, a rare six-unit apartment complex in one of Sunnyvales most desirable rental pockets. The property features four spacious 1-bedroom/1-bathroom units and two large 2-bedroom/1-bathroom units, offering a balanced unit mix for both stability and rent growth. With a current CAP rate of 4.91% and a 13.29 GRM, the property provides strong in-place income with additional upside through capital improvements and management efficiencies. Located just minutes from Downtown Sunnyvale, Apple Park, major employers, and top schools, 748 Carmel Avenue is an ideal opportunity for investors seeking a well-maintained asset in a premier Silicon Valley location.
Carmel Ave, Sunnyvale, CA 94085 is a 3 bedroom, 2 bathroom, 3,708 sqft multi-family in San Miguel, built in 1959. It last sold for $1,928,000 on Jan 8, 2026 (5% below the $2,028,000 asking price). It is currently off market. The Trulia Estimate is $1,905,100, with a rent estimate of $3,059/month.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$520/sqft
Listed
180+ days ago

Home Details for Carmel Ave

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 3708 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water PublicLaundry: Coin Operated
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHeating Fuel: Wall Furnace
Gas & Electric
Gas: IndividualGasMeters, PublicUtilities
Levels, Entrance, & Accessibility
Accessibility: Parking

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Wood Frame
Parking & Garage
Has a CarportNo GarageParking: Off Street
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income
Property Information
Included in Sale: OvenRangeAllUnitsParcel Number: 20516002

Price & Status

Price
List Price: $2,028,000Price Per Sqft: $520/sqft

Location

Direction & Address
City: Sunnyvale
School Information
Elementary School District: SunnyvaleHigh School District: FremontUnionHigh

Building

Building Area
Building Area: 3708

Community

Units in Building: 6

Lot Information

Lot Area: 8973.36 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan

Miscellaneous

Mls Number: ML82028387
Last check for updates: about 12 hours ago
Listed by Eymon Binesh 02060059, (650) 546-1030
Marcus & Millichap, (650) 391-1700
Bought with: Eymon Binesh 02060059, (650) 546-1030, Marcus & Millichap, (650) 391-1700
Source: MLSListings Inc, MLS#ML82028387

Price History for Carmel Ave

DatePriceEventSource
01/08/2026$1,928,000Sold
MLSListings Inc #ML82028387
12/05/2025$2,028,000PendingMLSListings Inc #ML82028387
11/28/2025$2,028,000Listed For SaleMLSListings Inc #ML82028387

Market trends in Sunnyvale

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.79M
$16.73K
MoM
Sale-to-List Price
104.9%
1.2%
MoM
Price per sq ft
$1.21K
$6
MoM
Available listings
184
36
MoM
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for Carmel Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Multi-Family Home
$1,708,000
03/30/26
4
2
1,536
0.10
Multi-Family Home
$1,749,000
05/08/26
6
4
2,237
0.26
Multi-Family Home
$1,900,000
05/01/26
1
1
2,940
0.66
Multi-Family Home
$2,810,000
09/16/25
3
2
4,308
0.26
Multi-Family Home
$3,950,000
12/30/25
3
2
9,276
0.45
Multi-Family Home
$1,710,000
03/17/26
4
2
1,554
0.45
Multi-Family Home
$1,700,000
05/12/26
4
2
1,554
0.45
Multi-Family Home
$1,690,000
03/31/26
4
2
1,554

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for Carmel Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about San Miguel

At least 1 Trulia users voted on each feature.
  • 100 % Say there's wildlife

  • 100 % Say kids play outside

  • 100 % Say it's dog friendly

  • 100 % Say it's quiet

  • 100 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near Carmel Ave

Skip to last item
Skip to first item

Off Market Homes Near Carmel Ave

Skip to last item
Skip to first item
Based on information from the MLSListings MLS as of 2026-07-13 19:21:19 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.