1248 Cortez Drive, Sunnyvale, California 94086, Sunnyvale, 94086 - bed, bath
1248 Cortez Drive
Sunnyvale, California 94086
Property Price
SUMMARY
Analysis of 1248 Cortez Drive, Sunnyvale, California 94086 is currently available with a list price of $2,288,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sunnyvale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained quadruplex that is move-in ready for tenants. Although built in 1962, it has undergone significant updates including the installation of double-pane windows, new hot water heaters (late 2025), and updated flooring throughout (engineered wood, laminate, and tile). The kitchens and bathrooms are functional and clean; while the ceramic tile countertops and cabinetry are not brand new, they are in good condition and suitable for a high-end rental market in Silicon Valley.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silicon Valley Location
Situated in the heart of Sunnyvale with easy access to major tech companies, this property benefits from a low vacancy rate and a high-end professional tenant pool, ensuring consistent rental income.
- Top-Tier School District
The property is located within a highly desirable school district, including access to top-rated institutions like Homestead High School, which significantly enhances long-term property value and tenant demand.
- Turnkey Investment with Residential Benefits
With updated units, new hot water heaters, and double-pane windows, this quadruplex offers a high CAP rate and the unique opportunity for owner-occupancy with favorable residential loan terms.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1962, the property may require more frequent maintenance or future capital improvements to its core systems compared to newer construction, despite recent cosmetic updates.
- Limited Bathroom Configuration
Each of the four units features only one bathroom for two bedrooms, which may limit the rental premium and appeal for certain professional roommates or small families seeking more privacy.
About 1248 Cortez Drive
Welcome to this spectacular investment property in the vibrant city of Sunnyvale, boasting an impressive 3,168 sq ft of living space with 4 undated 2bed +1bath units. Each well-appointed L-Shaped kitchen provides modern conveniences, including a 220 Volt Outlet, ceramic tile countertops, powerful exhaust fan, garbage disposal, and a deep sink, making it ideal for culinary enthusiasts. The 4 units offer various flooring options such as engineered wood, carpet, laminate, tile, and vinyl/linoleum, providing durability, easy cleaning, and style throughout. 2 NEW HOT WATER HESTERS installed in late 2025. Enjoy cozy evenings nesting in this very quiet & prime neighborhood, yet also benefit from the convenience & easy commute to all modern tech companies in the heart of the Silicon Valley. Additional features include double pane windows for energy efficiency and a walk-in closet in each unit for generous storage. Each unit has an assigned covered parking with overhead storage cabinets with 1 Tandem parking. TOP Cupertino Schools! What great Residential investment can also be owner occupied with favorable residential loan benefits. Sunnyvale location with little vacancy rate and high-end professional tenants. Well improved & maintained property with high CAP Rate.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1962
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sunnyvale Unified Schools
Vargas Elementary School
Grades K-5 • 0.4 mi
Edith Landels Elementary School
Grades K-5 • 0.9 mi
Gabriela Mistral Elementary
Grades K-5 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,168 | 3,168 | 50% |
| Lot Size | 7,841 | 7,920 | 33% |
| Price | $2.29M | $2.20M | 67% |
| Price per sq ft | $722 | $722 | 50% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 87 | 33% |
Pricing History
Listed for Sale
Feb 19, 2026
$2,288,000
Initial Listing
Sold
Jan 3, 2018
$2,125,000
Public Record
Sold
Oct 28, 2011
$776,500
Public Record
Sold
Sep 30, 2004
$840,000
Public Record