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365 E Iowa Ave, Sunnyvale, CA, 94086

4beds
2baths
2,482sqft
$1,880,000
$757price/sqft
$11,976/moest. monthly cost
$479,040/yrincome needed

About This Home

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.

Getting Around

86
WalkingVery Walkable
54
TransitGood Transit
88
BikeVery Bikeable

Schools

7/10
Ellis Elementary SchoolGrades K-50.3 mi
9/10
Sunnyvale Middle SchoolGrades 6-81.5 mi
9/10
Fremont High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Crawl Space
  • Roof: Composition, Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Residential Income

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Door features: Other
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Ceiling Fan(s)

Interior Area

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

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 20924070
  • Zoning: R2
  • Special condition: Standard

Lot

  • Lot size: 7,584 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

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
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $9,506$114,072
Home Insurance *$92$1,104
Property Taxes $1,846$22,152
Electricity $532$6,386
Total$11,976$143,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$410,605/yr
40% on housing$359,280/yr
45% on housing$319,360/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$757This listing

vs Other Active Listings

Avg $/sqft

ZIP 94086$694
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 94086$1,488
Santa Clara County$1,052

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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$1,880,000
2026-08-05Contingent$1,880,000
2026-08-03Listed for sale$1,880,000
2026-07-29Contingent$1,880,000
2026-07-13Listed for sale$1,880,000
2024-01-03Listing removed--
2023-12-21Listed for rent$2,950
2023-12-11Sold$1,700,000

For Sale by Agent

AgentDavid Allen Rivas
BrokerageDavid Allen Rivas, Broker

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