1273 Cortez Drive, Sunnyvale, CA 94086
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
1273 Cortez Drive,Sunnyvale, CA 94086
$2,050,000
- 8 Beds
- - Baths
- 4,247 sq. ft.
- Multi-family
- Pending
Listed by: adam foley
Office: cbre, inc.
MLS#:ML82064680
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,050,000
- Price per sq. ft.:$482.69
About this home
1273 Cortez Drive (the Property) is a multifamily asset built in 1963 and comprised of four (4) units in a single two-story building. The Property features a unit mix of one (1) one-bedroom/one-bathroom floorplan, two (2) two-bedroom/one-bathroom townhome floorplans, and one (1) three-bedroom/three-bathroom townhome floorplan. The oversized, townhome-style layouts are a rarity among small-scale rental stock and appeal to renters seeking space and privacy. The Property is partially renovated and in-place rents are strong, averaging $2,813 per unit per month, in line with current market rents. The one vacant unit, a two-bedroom/one-bathroom townhome, offers investors an immediate value-add opportunity. A new owner can renovate the unit on day one and bring it to market rent immediately. The upside is available on the first day of ownership without waiting on a lease expiration or tenant turnover. The Propertys Sunnyvale location in the Sunnyvale West submarket generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire a partially renovated, well-leased asset in one of the most sought-after rental markets in Silicon Valley. OPEN HOUSE WEDNESDAY OCTOBER 21 11:30-1:00PM...
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Home facts
- Year built:1963
- Listing ID #:ML82064680
- Added:11 day(s) ago
- Updated:October 27, 2026 at 05:36 AM
Rooms and interior
- Bedrooms:8
- Living area:4,247 sq. ft.
Heating and cooling
- Heating:Forced Air, Wall Furnace
Structure and exterior
- Year built:1963
- Building area:4,247 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Quadruplex
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,050,000
- Price per sq. ft.:$482.69
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