741 San Tomas Street, Sunnyvale, California 94085, Sunnyvale, 94085 - 3 bed, 2 bath
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Sunnyvale, California 94085
This Versatile Single Family Residence is a High-Potential Investment Opportunity, listed at $1,488,000—positioned well below the $1,505,538 Fair Market Value by 1%. This valuation gap offers $17,538 in Instant Equity. With a Condition Rating of 4, the property features significant capital improvements like a newer roof and HVAC, while offering a flexible floor plan with a converted garage. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a property with multigenerational living potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 741 San Tomas Street Subject | $1,488,000* List Price | 3 | 2 | 1,417 | $1,062 | - |
A 828 San Saba Court Active Under Contract | $1,249,000 List Price | 3 | 2 | 1,326 | $942 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property has excellent core system updates including a newer roof, plumbing, and HVAC (heat pump). However, the interior finishes, specifically the bathrooms, are dated with older cabinetry and fixtures. The description's suggestion to 'remodel over time' and the age of the visible renovations align with the Fair criteria for a functional but dated home needing cosmetic updates.
The property features a converted garage and bonus space adding 3 bedrooms and 1 bathroom, offering significant potential for multigenerational living, home offices, or rental income.
Recent upgrades including a newer roof, heat pump, air conditioning system, and updated plumbing provide peace of mind and reduce immediate maintenance costs for the buyer.
Situated on a 6,400 sqft corner lot, the property provides ample outdoor space, a low-maintenance yard, and extensive off-street parking via a covered carport and long driveway.
A substantial portion of the living space is not included in the official square footage, which may present challenges regarding permits, financing, and future appraisal values.
The assigned middle school has a low rating (3/10), which may impact the property's appeal to families prioritizing high-performing educational districts.
Welcome to this versatile property with endless potential on a spacious corner lot! The main home features 3 bedrooms and 2 bathrooms, plus a converted garage and bonus living space with an additional 3 bedrooms and 1 bathroom that are not included in the listed square footage (buyer to verify permits and square footage). Ideal for multigenerational living, extended family, guests, home offices, or as an investment property, this flexible floor plan offers endless possibilities. Recent upgrades include a newer heat pump and air conditioning system, updated plumbing, a newer roof, and fresh paint. A covered carport and extended driveway provide ample off street parking for multiple vehicles. Enjoy the low maintenance yard, move right in, or remodel over time to make it your own. Conveniently located near shopping, dining, parks, major commute routes, and top-rated schools, this is a rare opportunity with exceptional flexibility and incredible potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,417 | 1,526 |
| Lot Size | 6,400 | 6,611.5 |
| Price | $1.49M | $2.76M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 1954 | 1960 |
| HOA | $0 | $0 |
| Days on market | 14 | 30 |
Jul 21, 2026
$1,488,000
$1,588,000
-6% Price Drop
Initial Listing
Jul 9, 2026
$1,588,000
Initial Listing
Sep 16, 2002
$485,000
Public Record
Apr 24, 1997
$239,500
Public Record