1237 Coronado Drive

Sunnyvale, CA 94086

$2,528,000
Price
Beds
3,763 Sq. Ft.
$672 / Sq. Ft.
3,763
Sq. Ft.
$672
per Sq. Ft.

Description

This fourplex is Located in SUNNYVALE. There is no rent control in sunnyvale. This fourplex presents a rare chance to own a well-positioned multi-family property in one of the most sought-after areas of Silicon Valley. Offering stable rental income and low maintenance, this property features three 2-bedroom, 1-bath units (801 sq. ft. each) and one spacious 3-bedroom, 1.5-bath unit (1,122 sq. ft.), all fully occupied by reliable tenants. With minimal upkeep and strong rental demand, this property...This fourplex is Located in SUNNYVALE. There is no rent control in sunnyvale. This fourplex presents a rare chance to own a well-positioned multi-family property in one of the most sought-after areas of Silicon Valley. Offering stable rental income and low maintenance, this property features three 2-bedroom, 1-bath units (801 sq. ft. each) and one spacious 3-bedroom, 1.5-bath unit (1,122 sq. ft.), all fully occupied by reliable tenants. With minimal upkeep and strong rental demand, this property offers a hassle-free investment for steady cash flow. Located in the heart of Sunnyvale, this prime location provides easy access to top-tier shopping, dining, and entertainment, as well as being within close proximity to major tech companies and highways, ensuring high tenant demand. Tenants served the Notice of Sale. To respect tenant's privacy, the interior photos are limited. Not all the units are in the same condition. Offers subject to inspection are welcome.
  1. Listed by Ravi Shah • DRE #01359474 • Brokerage DRE #01368395 • Elite Realty Services • 408-391-0199

Property Details for 1237 Coronado Drive

MLS City Name
Sunnyvale
Building Type
FOURPLEX
Style
Ranch
Garage Spaces
0
Parking Spaces
4
View
None
Cross Street
Bernardo Ayala
LISTING UPDATED: 11/22/2024 09:01 PM

Property Details for 1237 Coronado Drive

StatusActive
MLS #ML81986274
Days on Compass38
Taxes$27,050 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.17 AC / 7,526 SF
CountySanta Clara County

Building Information for 1237 Coronado Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,526 SF

Property Information for 1237 Coronado Drive

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Countertop - Formica, Dishwasher, Refrigerator
Features
  • Amenities: None
  • Communications: Cable TV
  • Energy Features: None
  • Fireplace: No
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 3763
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Assigned Spaces, Covered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Sunnyvale
  • Roof: Wood Shakes / Shingles
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1237
  • Street Name: Coronado
  • Street Suffix: Drive
  • Area ID: 19
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: -41
  • Structure SqFt: 3763
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Construction Type: Wood
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 161-16-021
  • County Name: Santa Clara
  • City Name: Sunnyvale
  • City Postal ID: 74
  • Postal Code: 94086
  • Elementary School District: 470
  • High School District Text: Fremont Union High
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .17
  • Lot Description: Grade - Mostly Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Yard Grounds: Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $27,050
  • Building Unit Total: 4
  • Capitalization Rate: 3.80
  • Tenant Expenses: Rent Only, Utilities - Electric
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,749
  • Expense Landscape: $330
  • Expense Maintenance: $330
  • Expense Management: $4,085
  • Expense Trash: $2,639
  • Expenses Other: $373
  • Expenses Utility: $2,575
  • Expenses Total: $40,124
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Sewer, Utilities - Water
  • Gross Rent Multiplier: 18.56
  • Income Annual Gross: $136,197
  • Income Annual Rental: $132,092
  • Income Gross Scheduled: $136,197
  • Income Other: $4,105
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
Unit 2 Information
  • Unit 2 Approx Square Footage: 802
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit 3 Information
  • Unit 3 Approx Square Footage: 802
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Approx Square Footage: 802
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 1122

Property History for 1237 Coronado Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1237 Coronado Drive

Taxable ValueLand$1,716,660Additions$702,270Total$2,418,930
Tax Record2024$28,171 ($2,348 / month)
Home Facts
Total Finished SqFt3,763 SqFtAbove Grade Finished SqFt3,763 SqFtStories2Lot Size7,320 SqFtStyleQuadraplexYear Built1963ZoningR3CountySANTA CLARAAPN161-16-021Fireplace TypeHas Fireplace

Schools near 1237 Coronado Drive

This home is within Fremont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vargas Elementary School
PublicK to 5

Sunnyvale Middle School
Public6 to 8

Homestead High School
Public9 to 12

Community Day School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1237 Coronado Drive is a multi-family home for sale in Sunnyvale, CA 94086. This property was listed for sale on November 10, 2024 by Elite Realty Services, it's currently listed at $2,528,000. It has been on the market for a total of 38 days and was last sold on October 21, 2021. This listing's school districts are Fremont Union High School District, Sunnyvale School District. Nearby schools include Vargas Elementary School, Sunnyvale Middle School and Homestead High School. 1237 Coronado Drive is a 0-bed, 0-bath, 3,763 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Realty Services, Ravi Shah, DRE #01359474

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.