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, with 25 of 26 units completely upgraded. Improvements include dual-pane windows, modernized interiors, new exterior paint, siding and lighting, and a renovated courtyard with BBQ area. Major capital upgrades include a seismic retrofit and new roof, significantly reducing future capital needs. Located in the heart of Silicon Valley near major employers such as Apple, OpenAI Google, NVIDIA, and LinkedIn, the property benefits from strong underlying rental demand.
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Listing Snapshot
Price
$12,400,000
Days On Site
28 Days
Bedrooms
N/A
Inside Area (SqFt)
19,230 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1963
MLS® Number
ML82040844
Status
Active
Property Tax
$145,652
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
7 days ago
Listing updated with changes from the MLS®
4 weeks ago
Listing first seen on site
General Features
Disclosures
Natural Hazard Disclosure
Foundation
SlabConcrete Perimeter
Parking
Covered
Parking Spaces
12
Property Sub Type
Multi Family
SqFt Total
19230
Zoning
R3
Interior Features
Cooling
Other
Heating
Electric
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Exterior Features
Pool Features
In Ground
Roof
Composition
Community Features
School District
Fremont Union High
Schools
School District
Fremont Union High
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listed by of Mitchell Zurich of Marcus & Millichap (408) 888-9594
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-04-27 05:27 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
