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870 Williams Way 7 Unit Apartment Building $5,453,276 CAD ($779,039 CAD/Unit) 3.65% Cap Rate Sunnyvale, CA 94086



Investment Highlights
- PRIME PRIDE OF OWNERSHIP USER OPPORTUNITY - Live in a spacious 3-bed, 2.5-bath, 2,500 sq ft home while renting out six additional units.
- EXCELLENT LOCATION - Minutes from Google, Apple, Meta, Intuit, LinkedIn, with convenient access to Caltrain, VTA, and downtown Mountain View.
- TOP-RATED SCHOOLS Located within the sought-after Mountain View Whisman School District, including Amy Imai Elementary and Mountain View High School.
- DESIRABLE UNIT MIX - Includes four 2-bed/1.5-bath townhome-style, two 1-bedroom units, and a spacious 3-bed/2.5-bath owner's residence.
- OPENAI'S EXPANDING FOOTPRINT - OpenAI recently executed a 10-year lease for approximately 450,000 sf at 350 Ellis Street, just over two mile away.
- STRONG LONG-TERM VALUE - Surrounded by single-family homes averaging $2.04M within a two-mile radius, reflecting the sustained residential demand.
Executive Summary
Contact jcastellanos@marcusmillichap.com for OM.
Jimmy Castellanos is pleased to present 870 Williams Way, an exceptional seven-unit multifamily investment and rare owner-user opportunity in the heart of Mountain View, California. Built in 1964, the property sits on an 11,562 square foot parcel and encompasses approximately 6,876 rentable square feet. The asset features a diverse unit mix consisting of one expansive 3-bedroom/2.5-bath owner's residence spanning 2,500 square feet, one recently updated 1-bedroom unit, one classic 1-bedroom unit with bonus room, and four townhome-style 2-bedroom/1.5-bath units of approximately 879 square feet each.
Jimmy Castellanos is pleased to present 870 Williams Way, an exceptional seven-unit multifamily investment and rare owner-user opportunity in the heart of Mountain View, California. Built in 1964, the property sits on an 11,562 square foot parcel and encompasses approximately 6,876 rentable square feet. The asset features a diverse unit mix consisting of one expansive 3-bedroom/2.5-bath owner's residence spanning 2,500 square feet, one recently updated 1-bedroom unit, one classic 1-bedroom unit with bonus room, and four townhome-style 2-bedroom/1.5-bath units of approximately 879 square feet each.
Property Facts
| Price | $5,453,276 CAD | Property Subtype | Apartment |
| Price Per Unit | $779,039 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.65% | Lot Size | 0.27 AC |
| Gross Rent Multiplier | 17.46 | Building Size | 12,920 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Zoning | R31 | ||
| Price | $5,453,276 CAD |
| Price Per Unit | $779,039 CAD |
| Sale Type | Investment |
| Cap Rate | 3.65% |
| Gross Rent Multiplier | 17.46 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 12,920 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | R31 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 1 | $7,418 CAD | 2,500 |
| 2+1.5 | 4 | $3,674 CAD | 879 |
| 1+1 | 2 | $2,560 CAD | 700 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 198-07-016 | Improvements Assessment | $317,538 CAD |
| Land Assessment | $60,126 CAD | Total Assessment | $377,664 CAD |
Property Taxes
Parcel Number
198-07-016
Land Assessment
$60,126 CAD
Improvements Assessment
$317,538 CAD
Total Assessment
$377,664 CAD
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870 Williams Way
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