
Sunnyvale, California 94086
This Residential Income Quadruplex represents a High-Potential Investment Opportunity, listed at $2,250,000—positioned above the $2,035,174 Fair Market Value. While the property requires updates due to its Fair Condition Rating, it offers a strategic Tech-Hub Location near major campuses and Homestead High School. The inclusion of separate gas and electric meters significantly reduces operational overhead. This asset is ideal for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on high rental demand in the Sunnyvale market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1241 Coronado Drive Subject | $2,250,000* List Price | 0 | 0 | 3,763 | $541 | - |
A 1237 Coronado Drive Sold | $2,060,000 | 0 | 0 | 3,763 | $547 | 0.0 mi |
B 1248 Cortez Drive Active | $2,288,000 List Price | 0 | 0 | 3,168 | $722 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is over 60 years old and exhibits a dated exterior with older aluminum windows and original architectural styling. While the listing describes it as 'beautiful' and notes functional systems like separate gas/electric meters, the age and lack of documented recent renovations to kitchens and baths place it in the 'Fair' category, requiring updates to meet modern standards.
Situated near the Mountain View border with exceptional proximity to major technology campuses, Caltrain, and downtown centers, ensuring high rental demand and low vacancy rates.
The property features separate electric and gas meters for each unit, significantly reducing owner operating expenses and simplifying utility management for the investor.
Zoning for the highly-regarded Homestead High School provides a significant competitive advantage in the local rental market and supports long-term asset appreciation.
The property was recently sold within the past year on 2026-06-12. The sold price is $2,070,000.00.
Built in 1963, the property may require more frequent maintenance and capital expenditures for aging building systems compared to newer residential income developments.
While the high school is a major draw, the assigned elementary school has a lower rating, which could be a consideration for prospective tenants with younger children.
Welcome to a beautiful fourplex with Homestead High nestled near the Mountain View border. This offering includes a 3 bedroom unit. Assigned parking spaces. On site community laundry room. Separate electric meters. Separate gas meters. Exceptional proximity to major technology campuses, schools, parks, shopping, Downtown Sunnyvale, Downtown Mountain View, Hwy 237, Hwy 85, I-101, Central Expressway and Caltrain. Great schools: Homestead High, Sunnyvale Middle and Vargas Elementary
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,763 | 3,391 |
| Lot Size | 7,320 | 8,922 |
| Price | $2.25M | $1.90M |
| Price per sq ft | $598 | $747 |
| Built year | 1963 | 1962 |
| HOA | $0 | $0 |
| Days on market | 16 | 53 |
Aug 24, 2026
$2,250,000
Initial Listing
Jun 12, 2026
$2,070,000
Public Record
Oct 21, 2021
$2,325,000
Public Record
Aug 25, 2016
$1,950,000
Public Record