Element Apartment Homes is a turnkey, extensively renovated community offering strong in-place income with no near-term capital requirements. All units feature private in-unit washer and dryer and new electrical subpanels, providing enhanced capacity and tenant appeal.
The property has undergone a comprehensive renovation program approximately ~$1,500,000 in capital improvements, resulting in a fully renovated, turn-key asset with 25 of 26 units upgraded. In addition, every unit features a private in-unit washer and dryer, a highly differentiated amenity that supports tenant demand and retention.
Capital improvements include roof replacement, upgraded subpanels, and extensive interior renovations. As a result, the offering provides a true zero near-term capital expenditure profile, allowing a buyer to step into stabilized operations without additional investment. The property is positioned in the core of Silicon Valley with close proximity to Apple, Google, NVIDIA, LinkedIn, and OpenAI in nearby Mountain View, placing it within one of the regions primary AI and technology employment corridors. Tour and additional information available upon request.
For sale
Price cut: $150K (8/17)
$12,250,000
Coronado Dr, Sunnyvale, CA 94086
3beds
2baths
19,230sqft
Five Or More Units, Residential Income
Built in 1963
-- sqft lot
$-- Zestimate®
$637/sqft
$-- HOA
What's special
New exterior paintNew roofModernized interiorsDual-pane windows
- 163 days
- 434
- 10
Zillow last checked:
Listing updated:
Listed by:
Mitchell Zurich 01870648 408-888-9594,
Marcus & Millichap 650-391-1700
Source: MLSListings Inc,MLS#: ML82040844
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric
Cooling
- Other
Features
- Doors: None
Interior area
- Total structure area: 19,230
- Total interior livable area: 19,230 sqft
Property
Parking
- Total spaces: 12
- Parking features: Covered
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.84 Acres
Details
- Parcel number: 16117013
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
Condition
- Year built: 1963
Community & HOA
Location
- Region: Sunnyvale
Financial & listing details
- Price per square foot: $637/sqft
- Date on market: 3/30/2026
- Listing agreement: ExclusiveRightToSell
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$3,005/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $12,250,000-1.2%$637/sqft |
Source: | ||
| 8/10/2026 | Listed for sale | $12,400,000$645/sqft |
Source: | ||
| 7/10/2026 | Contingent | $12,400,000$645/sqft |
Source: | ||
| 3/30/2026 | Listed for sale | $12,400,000$645/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Washington Park
Nearby schools
Schools provided by the listing agent
- District: Sunnyvale
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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