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.
Listed by Katherine Yang
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License #01364110
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Coldwell Banker Realty
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408-861-8898
Last updated February 20, 2026
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Source: MLSListings #ML82035632
Listing Facts
TypeMulti-family
NeighborhoodWashington
Days on Prevu26
Taxes$28,647/year
Size3,168 sqft
Price per sqft$722
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
02/19/2026
Listed by Coldwell Banker Realty
$2,288,000
Property Details for 1248 Cortez Drive
Exterior
Construction
Number Of Units Total: 4
Roof: Flat, Tar/Gravel
Stories: 2
Year Built: 1962
Year Built Details: 2
Architectural Style: Ranch
Features
View: Other
Measurements
Building Area Total: 3,168
Lot Features: Grade - Level
Lot Size Area: 7,841
Lot Size Source: Assessor
Lot Size Square Feet: 7,841
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.84
Gross Income: $122,220.00
Operating Expense Includes: Insurance, Pest Control, Trash, Water/Sewer
Taxes
Parcel Number: 161-18-019
Tax Annual Amount: $28,647.00
Interior
Features
Appliances: Exhaust Fan, Garbage Disposal, Hood Over Range, Washer/Dryer
Utilities: Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1248 Cortez Drive.
What schools are nearby to 1248 Cortez Drive?
Nearby schools include the Vargas Elementary, Sunnyvale Middle, and Fremont High.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 1248 Cortez Drive.
What are the annual taxes for 1248 Cortez Drive?
Annual taxes for this multi-family home are estimated at $28,647.
How does 1248 Cortez Drive compare to other multi-family homes in Washington?
This multi-family home is listed 9% below the average price for multi-family homes in Washington and has been on the market for 13 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,168 sqft.
1248 Cortez Drive is a -bedroom multi-family home for sale in Sunnyvale CA 94086. Available on Prevu for 26 days at $2,288,000. This property features 3,168 square feet of living space, located in Washington. The median listing price for multi-family homes in this area is $2,047,500. Nearby schools include Vargas Elementary, Sunnyvale Middle, and Fremont High. Additional amenities include pets allowed and parking. View other multi-family home listings in Sunnyvale.
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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