10380 Lockwood Drive, Cupertino, California 95014, Cupertino, 95014 - 0 bed, 0 bath
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Cupertino, California 95014
This Residential Income Duplex is a Strong Value Opportunity, listed at $2,980,000—positioned well below the $3,246,468 Fair Market Value by 8%. This valuation gap offers $266,468 in Instant Equity. Featuring an Excellent Condition Rating with modern renovations, paid solar, and a spacious backyard with patio, this property is located in a premier district with Top-Rated Schools like Monta Vista High (10/10). It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10380 Lockwood Drive Subject | $2,980,000* List Price | 0 | 0 | 2,794 | $1,162 | - |
A 22426 Mcclellan Road Active | $3,050,000 List Price | 0 | 0 | 2,203 | $1,384 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1963, the property has undergone extensive recent renovations that place it in mint condition. The interiors feature modern kitchens with shaker cabinets and stainless steel appliances, updated bathrooms, and new flooring. Major systems are high-end and recently updated, including a newer roof, paid solar, tankless water heaters, and central A/C, requiring no immediate maintenance.
Middle School: John F. Kennedy Middle School (9/10). High School: Monta Vista High School (10/10).
The property is within walking distance to top-rated Cupertino schools, including the prestigious Monta Vista High (Rating 10), which significantly drives long-term value and tenant demand.
Extensive renovations include high-value upgrades such as paid solar panels, tankless water heaters, and central A/C, offering immediate utility savings and modern comfort.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9661, other record lot size in square feet = 9052.
At a list price of nearly $3 million, the high acquisition cost may result in a lower capitalization rate for investors compared to other residential income opportunities.
Despite extensive surface renovations, the original 1963 construction may present ongoing maintenance challenges associated with older plumbing or structural components.
Prime Cupertino location in a quiet, safe, and highly desirable neighborhood near Apple campuses, major freeways, parks, shopping, and top-rated Cupertino schools, including Monta Vista High, within walking distance. Surrounded by multimillion-dollar homes, this beautifully updated duplex features two spacious units with extensive renovations, a newer roof, paid solar, tankless water heaters, central A/C, and in-unit laundry. Unit A offers 2BD/2BA with a detached 2-car garage. Unit B offers 2BD/2BA plus a downstairs bonus room/office and an attached 1-car garage. Situated on a large corner lot with a spacious backyard. Rare opportunity for homeowners or investors!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,794 | 4,380 | 33% |
| Lot Size | 9,661 | 9,661 | 50% |
| Price | $2.98M | $2.98M | 50% |
| Price per sq ft | $1.1K | $786 | 67% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 81 | 33% |
May 10, 2026
$2,980,000
Initial Listing
Jun 29, 2022
$2,680,000
Public Record
Oct 3, 2017
$2,100,000
Public Record