Skip main navigation
For sale
    • $2,288,000

    1248 Cortez Dr, Sunnyvale, CA 94086

    8beds
    4baths
    3,168sqft
    : 
    $15,616/mo
    Get pre-qualified
    Quadruplex, Residential Income
    Built in 1962
    -- sqft lot
    $2,163,600 Zestimate®
    $722/sqft
    $-- HOA

    What's special

    Deep sinkCeramic tile countertopsGarbage disposalPowerful exhaust fan
    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.
    166 days
    |
    308
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Katherine Yang 01364110 408-861-8898,

    Coldwell Banker Realty 408-252-1133

    Source: MLSListings Inc,MLS#: ML82035632MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Kitchen
      • Features: _220VoltOutlet, Countertop_Ceramic, Countertop_Tile, ExhaustFan
      Heating
      • Gas, Wall Furnace
      Cooling
      • Other
      Appliances
      • Included: Exhaust Fan, Disposal, Range Hood, Washer/Dryer
      Features
      • Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
      • Doors: Other
      Interior area
      • Total structure area: 3,168
      • Total interior livable area: 3,168 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Covered, Off Street
      • Carport spaces: 4
      Accessibility
      • Accessibility features: Other
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 7,841 Square Feet
      • Features: Level
      Details
      • Parcel number: 16118019
      • Zoning: SU
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Quadruplex, Residential Income
      Materials
      • Foundation: Concrete Perimeter, Raised, Crawl Space, Wood Frame
      • Roof: Flat, TarGravel
      Condition
      • Year built: 1962

      Utilities & green energy

      • Gas: IndividualGasMeters, PublicUtilities
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

      Community & HOA

      Location
      • Region: Sunnyvale

      Financial & listing details

      • Price per square foot: $722/sqft
      • Tax assessed value: $2,417,882
      • Annual tax amount: $28,647
      • Date on market: 2/19/2026
      • Listing agreement: ExclusiveAgency
      • Listing terms: CashorConventionalLoan
      • Inclusions: Building, DishwasherSomeUnits, Land, OvenRangeAllUnits
      • Lease term: 12 Months

        Estimated market value

        $2,163,600

        $2.06M - $2.27M

        $3,272/mo

        Price history

        DateEventPrice
        2/20/2026Listed for sale$2,288,000+7.7%$722/sqft
        Source: MLSListings Inc #ML82035632 Report a problem
        1/3/2018Sold$2,125,000+173.7%$671/sqft
        Source: Public Record Report a problem
        10/28/2011Sold$776,500-7.6%$245/sqft
        Source: Public Record Report a problem
        9/30/2004Sold$840,000+92%$265/sqft
        Source: Public Record Report a problem
        7/25/1997Sold$437,500$138/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$28,648 +3.7%$2,417,882 +2%
        2024$27,613 +0.9%$2,370,474 +2%
        2023$27,360 +1.6%$2,323,995 +2%
        2022$26,922 +0.9%$2,278,428 +2%
        2021$26,670 +1.3%$2,233,754 +1%
        2020$26,333 $2,210,850 +2%
        2019$26,333 +154.7%$2,167,500 +152.9%
        2018$10,340 $857,176 +2%
        2017$10,340 +1.3%$840,370 +2%
        2016$10,208 +3.4%$823,893 +1.5%
        2015$9,871 +2%$811,519 +2%
        2014$9,677 $795,624 +0.5%
        2013-- $792,030 +2%
        2012-- $776,500 -15%
        2011-- $913,858 +0.8%
        2010-- $907,029 -0.2%
        2009-- $909,185 +2%
        2008-- $891,359 +2%
        2007-- $873,883 +2%
        2006-- $856,749 +2%
        2005-- $839,950 +71%
        2004-- $491,338 +1.9%
        2003-- $482,334 +2%
        2002-- $472,878 +2%
        2001-- $463,606
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Washington Park

        Getting around

        52 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: VargasElementary
        • Middle: SunnyvaleMiddle
        • High: FremontHigh
        • District: Sunnyvale

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Sunnyvale Topics

                Search
                Updates
                Favorites
                Plan
                Inbox