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1040 W Iowa Avenue

Sunnyvale, CA 94086
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Bed 4

Bed

Bath 0

Bath

SqFt2,178

Sqft

SqFt6,211

Sqft(Lot)

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 conver sion 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,398,000

AD Id : 89674163

MLS Id : ML82058102

Beds : 4

Lot Size : 6,211 Sqft

Living Area Size : 2,178

Year Built : 1959

County : Santa Clara

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Feature Features

  • Interior Features

    Roof: Composition, Shingle
    Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, WallFurnace Has Cooling: Yes

  • Building Information

    Year Built: 1959
    Building Area Total: 2178
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 6211 Lot Size Acres: 0.1426 Lot Size Source: Assessor Lot Size Square Feet: 6,211

  • Listing Price Information

    Listing Price: $1398000
    FHA, VaLoan

  • Tax Information

    Parcel Number: 16140031 Annual Tax: $15531

  • School Information

    Elementary School: Other Junior High School: Sunnyvale Senior High School: Homestead
  • Location Information

    Direction: Cross Street: Madera Avenue WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
750 Calla Drive, Sunnyvale, CA, 94086 $1,988,000 8 -- 3,328 3,328 SqFt
651 Belladonna Court, Sunnyvale, CA, 94086 $2,500,000 8 -- 4,127 4,127 SqFt
1248 Cortez Drive, Sunnyvale, CA, 94086 $2,288,000 8 -- 3,168 3,168 SqFt

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ByOwner last updated this listing 08/20/2026 @ 08:51

MLS: ML82058102 LISTED BY: Ismael Benhamida, Compass 415-345-3000 SOURCE: CRMLS

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