1040 W Iowa Avenue, Sunnyvale, CA 94086
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1040 W Iowa Avenue,Sunnyvale, CA 94086
$1,398,000
- 4 Beds
- - Baths
- 2,178 sq. ft.
- Multi-family
- Active
Listed by: ismael benhamida
Office: compass
MLS#:ML82058102
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,398,000
- Price per sq. ft.:$641.87
About this home
Wonderful triplex in quiet neighborhood w/ single family homes near Heritage District & Downtown. Immediate owner occupancy opportunity & 80% LTV conventional financing available. Built in 1959, 6,211 SqFt lot, 2,178 SqFt building. Unit Mix: (1) 2-Bed/1-Bath owners unit & (2) 1-Bed/1-Bath units. Delivered vacant at close of escrow- fully renovated 1-Bed/1-Bath unit #2 with new plumbing, insulation, electrical, interior walls, flooring, windows, kitchen, bathroom, & LED lights. All copper piping, fumigation completed, & SB-721 clearance. Opportunity to add value by implementing utility reimbursement system & renovating 2 units. Opportunity to upgrade electrical service to add in-unit laundry, air conditioning, & electric vehicle chargers. An ADU consultant has determined that add one conversion ADU can be added pursuant to statewide ADU polices- buyer to contact City of Sunnyvale to verify. Feeds into Vargas Elementary, Sunnyvale Middle, & Homestead High. Many of the largest tech companies are near Sunnyvale including Alphabet, Apple, Nvidia, Amazon, Microsoft, & Meta. The robust high tech job growth, housing shortage, excellent schools, & proximity to large Silicon Valley employers make 1040 W. Iowa Avenue a great opportunity for both the cash flow & appreciation minded investor....
Contact an agent
Home facts
- Year built:1959
- Listing ID #:ML82058102
- Added:6 day(s) ago
- Updated:August 25, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:4
- Living area:2,178 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Electric, Wall Furnace
Structure and exterior
- Year built:1959
- Building area:2,178 sq. ft.
- Architectural Style:Triplex
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,398,000
- Price per sq. ft.:$641.87
Features and amenities
- Laundry features:Coin Operated
New listings near 1040 W Iowa Avenue
- New
$1,468,133Active3 beds 4 baths1,683 sq. ft.133 Incense Terrace, Sunnyvale, CA 94086
MLS# ML82049951Listed by: GAEA REALTY - New
$2,250,000Active9 beds -- baths3,763 sq. ft.1241 Coronado Drive, Sunnyvale, CA 94086
MLS# ML82058120Listed by: DPL REAL ESTATE - New
$325,000Active2 beds 2 baths1,468 sq. ft.1111 Morse Avenue, SUNNYVALE, CA 94089
MLS# 82058588Listed by: ALLIANCE MANUFACTURED HOMES, INC. - New
$2,550,000Active3 beds 2 baths1,555 sq. ft.1394 Bobwhite Avenue, Sunnyvale, CA 94087
MLS# ML82058686Listed by: CARRICK & ENGLISH R.E. - New
$3,699,000Active5 beds 5 baths3,621 sq. ft.1035 Lorne Way, Sunnyvale, CA 94087
MLS# ML82058505Listed by: KW ELEVATE - New
$708,000Active2 beds 2 baths1,045 sq. ft.1271 Poplar Avenue #209, Sunnyvale, CA 94086
MLS# ML82058616Listed by: INTERO REAL ESTATE SERVICES - New
$325,000Active2 beds 2 baths1,468 sq. ft.1111 Morse Avenue #39, Sunnyvale, CA 94089
MLS# ML82058588Listed by: ALLIANCE MANUFACTURED HOMES, INC. - New
$789,000Active2 beds 2 baths1,078 sq. ft.716 San Conrado Terrace #8, Sunnyvale, CA 94085
MLS# ML82058531Listed by: GREEN VALLEY REALTY USA - New
$360,000Active3 beds 3 baths1,488 sq. ft.1225 Vienna Drive, SUNNYVALE, CA 94089
MLS# 82058280Listed by: SH HOMES - New
$1,628,000Active4 beds 4 baths1,914 sq. ft.113 Lemmon Terrace, Sunnyvale, CA 94086
MLS# ML82056891Listed by: COMPASS