1040 W Iowa Avenue, Sunnyvale, CA 94086
Local realty services provided by:CENTURY 21 Epic
1040 W Iowa Avenue,Sunnyvale, CA 94086
$1,398,000
- - Beds
- - Baths
- 2,178 sq. ft.
- Multi-family
- Active
Listed by: ismael benhamida
Office: compass
MLS#:ML82058102
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,398,000
- Price per sq. ft.:$641.87
About this home
Wonderful triplex in quiet neighborhood w/ single family homes near Heritage District & Downtown. Immediate owner occupancy opportunity & 80% LTV conventional financing available. Built in 1959, 6,211 SqFt lot, 2,178 SqFt building. Unit Mix: (1) 2-Bed/1-Bath owners unit & (2) 1-Bed/1-Bath units. Delivered vacant at close of escrow- fully renovated 1-Bed/1-Bath unit #2 with new plumbing, insulation, electrical, interior walls, flooring, windows, kitchen, bathroom, & LED lights. All copper piping, fumigation completed, & SB-721 clearance. Opportunity to add value by implementing utility reimbursement system & renovating 2 units. Opportunity to upgrade electrical service to add in-unit laundry, air conditioning, & electric vehicle chargers. An ADU consultant has determined that add one conversion ADU can be added pursuant to statewide ADU polices- buyer to contact City of Sunnyvale to verify. Feeds into Vargas Elementary, Sunnyvale Middle, & Homestead High. Many of the largest tech companies are near Sunnyvale including Alphabet, Apple, Nvidia, Amazon, Microsoft, & Meta. The robust high tech job growth, housing shortage, excellent schools, & proximity to large Silicon Valley employers make 1040 W. Iowa Avenue a great opportunity for both the cash flow & appreciation minded investor....
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Home facts
- Year built:1959
- Listing ID #:ML82058102
- Added:9 day(s) ago
- Updated:August 28, 2026 at 12:08 AM
Rooms and interior
- Living area:2,178 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Electric, Wall Furnace
Structure and exterior
- Roof:Composition Shingles
- Year built:1959
- Building area:2,178 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,398,000
- Price per sq. ft.:$641.87
Features and amenities
- Laundry features:Coin Operated Laundry
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