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1248 Cortez Drive, Sunnyvale, CA 94086

8 Bed Multi-Family Home For Sale

1248 Cortez Drive, Sunnyvale, CA 94086 House For Sale - MLS #52131214
Sold
$1,888,000
8
Multi-Family
4 Family
This listing is courtesy of Kelly De La Torre from Losness Investment Real Estate Corp.

Property Description for 1248 Cortez Drive, Sunnyvale, CA 94086

Recently updated Sunnyvale 4-Plex property in an ideal Silicon Valley rental location. All four units are 2bd/1ba with almost 800 SF of living space. Each unit boasts recently remodeled kitchens with granite counters, new cabinets, tile floors, new appliances, updated bathrooms and new carpets. Property also contains double pane windows and copper plumbing throughout building. Each unit comes with a covered parking space and an external storage unit included. Property is conveniently located near Sunnyvale's Downtown Heritage District, Caltrain Station, Apple's new AC3 Campus located at Central & Wolfe, and other major retail and dining. This property is an ideal opportunity for those looking for a stable and low maintenance investment with a great return. Property currently generates a gross income of $109K per year with upside potential. The city of Sunnyvale currently does not have any rent control ordinances in place.

Interior Details

Exterior Details

0.19 acres
8,084 sq. ft.

Other Details

52131214
1962
$8,980
Santa Clara

Units Description

Unit #1
Living Area: 792 sq. ft.      Bedrooms: 2      Rent: $2,100     

Unit #2
Living Area: 792 sq. ft.      Bedrooms: 2      Rent: $2,300     

Unit #3
Living Area: 792 sq. ft.      Bedrooms: 2      Rent: $2,290     

Unit #4
Living Area: 792 sq. ft.      Bedrooms: 2      Rent: $2,290     

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Town Description

When the Spanish first arrived in the 1770s at the Santa Clara Valley, it was heavily populated by the Ohlone native Americans. In 1777, Mission Santa Clara was built by Ohlone converts to...

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