
Cupertino, California 95014
This Duplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $2,650,000—positioned above the $2,465,367 Fair Market Value. While currently priced above market, the property offers immediate cash flow with long-tenured tenants and a Fair Condition Rating that allows for value-add renovations. Located in a premier district with access to Monta Vista High School (10/10), this property features private backyards and individual garages. It is an ideal acquisition for Buy-and-Hold Investors or Multi-Generational Homeowners seeking a stable, income-producing asset in a top-tier school zone.
Property is moderate renovation needed.
Built in 1968, this duplex presents a split condition. While one unit has been updated with modern LVP flooring, fresh paint, and new bathroom vanities, the other unit is reported as mostly original. The 50+ year age of the structure and the need for a full renovation of the second unit to match modern standards, along with likely dated systems, places this in the fair category.
High School: Monta Vista High School (10/10).
The property is situated in a premier Cupertino location with access to top-tier schools, including Monta Vista High (10/10), which ensures strong long-term property value and high rental demand.
As a fully occupied duplex with long-tenured tenants, this property offers immediate cash flow for investors or an ideal setup for multi-generational living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8552, other record lot size in square feet = 8500.
One unit remains in mostly original 1968 condition, which will likely require significant capital expenditure for renovations to match the updated unit and market standards.
The 'Do Not Disturb Tenants' requirement and limited showing availability for serious buyers only may create hurdles for thorough initial due diligence and inspection.
DO NOT DISTURB TENANTS Welcome to 21240-21242 Gardena Dr. This well-located duplex offers an excellent opportunity for homeowners, multi-generational living, and investors alike. This property is fully occupied, with long tenured tenants, offering immediate income potential. Enjoy top schools and a convenient central location with this property. Each unit mirrors each other in terms of layout. One side has been thoughtfully updated while the other side is in mostly original condition. Both sides include a laundry room, a master suite, a breakfast bar, a backyard, a covered patio, and a single car garage. The driveway also provides three extra supplemental parking spaces. There is only one wall that adjoins the two units and is located in the living room. Please DO NOT DISTURB TENANTS.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,625 | 3,810.333 |
| Lot Size | 8,552 | 8,912 |
| Price | $2.65M | $3.00M |
| Price per sq ft | $1.0K | $823 |
| Built year | 1968 | 1966 |
| HOA | $0 | $0 |
| Days on market | 46 | 83 |
Sep 8, 2026
$2,650,000
Initial Listing