For sale

$1,880,000

365 E Iowa Ave, Sunnyvale, CA 94086

4beds

2baths

2,482sqft

$12,872/mo

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Duplex, Residential Income

Built in 1954

-- sqft lot

$-- Zestimate^®

$757/sqft

$-- HOA

What's special

Rare duplex opportunity in the heart of Sunnyvale! Situated on an approximately 7,584 sq. ft. lot, this property features two spacious 2-bedroom, 1-bathroom units, each with its own attached one-car garage ideal for investors, owner-occupants, or those seeking rental income. Plans have been submitted to reconfigure each unit into a 3-bedroom, 3-bathroom layout and are currently pending final approval, offering significant potential. Built in 1954, the property has been lightly refreshed with newly painted interiors, providing a clean starting point for future improvements. Ideally located just minutes from Downtown Sunnyvale, Caltrain, shopping, dining, parks, and major commuter routes, with convenient access to Apple, Google, LinkedIn, NVIDIA, Microsoft, and many other Silicon Valley employers. A unique opportunity to renovate, expand, or hold as a long-term investment in one of Sunnyvales strongest rental markets.

13 days

1,472

73

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Wall Furnace

Cooling

Ceiling Fan(s)

Features

Flooring: Hardwood
Doors: Other

Interior area

Total structure area: 2,482
Total interior livable area: 2,482 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Garage spaces: 2
Has carport: Yes

Accessibility

Accessibility features: Other

Lot

Size: 7,584 Square Feet

Details

Parcel number: 20924070
Zoning: R2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Residential Income

Materials

Foundation: Crawl Space
Roof: Composition, Shingle

Condition

Year built: 1954

Utilities & green energy

Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public

Community & HOA

Location

Region: Sunnyvale

Financial & listing details

Price per square foot: $757/sqft
Tax assessed value: $1,734,000
Annual tax amount: $20,612
Date on market: 7/13/2026
Listing agreement: ExclusiveRightToSell
Inclusions: Building, DishwasherSomeUnits, Land, OvenRangeAllUnits
Lease term: Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/13/2026	Listed for sale	$1,880,000+10.6%$757/sqft
Source: MLSListings Inc #ML82054106 Report a problem
1/3/2024	Listing removed	--
Source: Zillow Rentals Report a problem
12/21/2023	Listed for rent	$2,950$1/sqft
Source: Zillow Rentals Report a problem
12/11/2023	Sold	$1,700,000$685/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$20,612 -27.4%	$1,734,000 +2%
2024	$28,398 +840.1%	$1,700,000 +619.7%
2023	$3,021 +1.4%	$236,223 +2%
2022	$2,980 +1%	$231,592 +2%
2021	$2,951 +1.3%	$227,052 +1%
2020	$2,914	$224,725 +2%
2019	$2,914 +4.1%	$220,319 +2%
2018	$2,801	$216,000 +2%
2017	$2,801 +1.3%	$211,766 +2%
2016	$2,766 +3.6%	$207,615 +1.5%
2015	$2,669 +1.9%	$204,497 +2%
2014	$2,620	$200,492 +0.5%
2013	--	$199,587 +2%
2012	--	$195,674 +2%
2011	--	$191,838 +0.8%
2010	--	$190,405 -0.2%
2009	--	$190,858 +2%
2008	--	$187,117 +2%
2007	--	$183,449 +2%
2006	--	$179,852 +2%
2005	--	$176,326 +2%
2004	--	$172,870 +1.9%
2003	--	$169,702 +2%
2002	--	$166,376 +2%
2001	--	$163,114

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: Heritage District

Getting around

86 / 100

Very Walkable

54 / 100

Good Transit

88 / 100

Very Bikeable

Nearby schools

GreatSchools rating

7/10
Ellis Elementary School
Grades: K-5Distance: 0.3 mi
9/10
Sunnyvale Middle School
Grades: 6-8Distance: 1.5 mi
9/10
Fremont High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: EllisElementary
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.