1248 Cortez Dr, Sunnyvale, CA, 94086
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Concrete Perimeter,Raised,Crawl Space,Wood Frame
- Roof: Flat, TarGravel
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subType: Quadruplex,Residential Income
Interior
Appliances
- Appliances included: Exhaust Fan,Disposal,Range Hood,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Walk-In Closet(s)
- Door features: Other
- Flooring: Carpet,Laminate,Tile,Vinyl Linoleum
Heating & Cooling
- Heating features: Gas,Wall Furnace
- Cooling features: Other
Interior Area
- Total structure area: 3,168
- Total interior livable area: 3,168 sqft
Kitchen
- Features: _220VoltOutlet, Countertop_Ceramic, Countertop_Tile, ExhaustFan
Property
Accessibility
- Accessibility features: Other
Details
- Parcel number: 16118019
- Zoning: SU
- Special condition: Standard
Features
- Stories: 2
- Has view: Yes
- View description: Other
Lot
- Lot size: 7,841 sqft
- Features: Level
Parking
- Total spaces: 4
- Parking features: Carport,Covered,Off Street
- Covered spaces: 4
- Carport: Yes
- Carport spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,569 | $138,828 |
| Home Insurance * | $113 | $1,356 |
| Property Taxes | $2,253 | $27,036 |
| Electricity | $679 | $8,152 |
| Total | $14,614 | $175,368 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-20 | Listed for sale | $2,288,000 |
| 2018-01-03 | Sold | $2,125,000 |
| 2011-10-28 | Sold | $776,500 |
| 2004-09-30 | Sold | $840,000 |
| 1997-07-25 | Sold | $437,500 |
View on Zillow