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1248 Cortez Drive, Sunnyvale CA 94086
1248 Cortez Drive, Sunnyvale CA 94086
California>Sunnyvale>Washington

1248 Cortez DriveSunnyvale, CA 94086

For Sale

$2,288,000

Smart Buyer Rebate $22,880

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 September 03, 2026

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Source: MLSListings #ML82035632

Listing Facts

  • TypeMulti-family
  • NeighborhoodWashington
  • Days on Prevu209
  • 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
  1. 02/19/2026$2,288,000
    Listed by Coldwell Banker Realty

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: 4.15
  • Gross Income: $129,220.00
  • 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
  • Flooring: Carpet, Laminate, Tile, Vinyl/Linoleum
  • Interior Features: Walk-in Closet

Measurements

  • Living Area: 3,168

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Carport, Covered Parking, Off-Street Parking
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Vargas Elementary
  • Elementary School District: Sunnyvale

High School

  • High School: Fremont High
  • High School District: Fremont Union High

Middle or Junior School

  • Middle Or Junior School: Sunnyvale Middle

Utilities

Equipment

  • Cooling: Other
  • Heating: Gas, Wall Furnace
  • Sewer: Public Sewer
  • 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 44% below the average price for multi-family homes in Washington and has been on the market for 124 more 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. On Prevu for 209 days at $2,288,000. This residence features 3,168 square feet of living space, located in Washington. The median listing price for multi-family homes in this area is $2,150,000. Nearby schools include Vargas Elementary, Sunnyvale Middle, and Fremont High. The home offers pets allowed and parking. Explore more multi-family home listings in Sunnyvale.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 09/03/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data Services by Constellation Data Labs. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.