1242 Cortez Dr

Beds
Baths
3,168 Sq. Ft.
$669 / Sq. Ft.
3,168
Sq. Ft.
$669
per Sq. Ft.

Description

Proudly presenting a well-maintained 4plex in the prime location of West Sunnyvale. This gorgeous 4plex offers 2-Bed/1-Bath for each unit, with great tenants and great rent incomes. It nestles in a tree-lined serene neighborhood with many newer developments around! Each unit has renovated kitchen and bathroom and newer carpet. Unit 2 bathroom has newer quartz shower panels. Onsite laundry room. Owned laundry facilities provide extra monthly income. Large back yard offers expansive outdoor entertaining...Proudly presenting a well-maintained 4plex in the prime location of West Sunnyvale. This gorgeous 4plex offers 2-Bed/1-Bath for each unit, with great tenants and great rent incomes. It nestles in a tree-lined serene neighborhood with many newer developments around! Each unit has renovated kitchen and bathroom and newer carpet. Unit 2 bathroom has newer quartz shower panels. Onsite laundry room. Owned laundry facilities provide extra monthly income. Large back yard offers expansive outdoor entertaining space. Private driveway to the front yard produces ample parking spots: attached 4 carports and 2 extra open parking spaces. Renowned Homestead High School and Sunnyvale Middle School! Prime location in the hub of Bay Area. Close proximity to school, park, library and Sunnyvale Downtown. Giant Tech Companies are 10-15 mins driving away. Easy access to Caltrain, 85, 237 & 101. To top it all, the current gross annual income is $114,960, and estimated CAP rate of 4.15% +.

Listing Agent

  1. Maggie Xu

    Maggie Xu

    Listing Agent

    Compass

    DRE #01472823

    maggie.xu@compass.com

    P: (408)-429-3129

Property Details for 1242 Cortez Drive

MLS City Name
SUNNYVALE
Building Type
FOURPLEX
Style
Other
Garage Spaces
0
Parking Spaces
2
View
City
Cross Street
S Bernardo Ave.
LISTING UPDATED: 07/05/2022 11:35 AM

Property Details for 1242 Cortez Drive

StatusSold
MLS #ML81894976
Days on Compass11
Taxes$10,496 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1962
Lot Size0.19 AC / 8,132 SF
CountySanta Clara County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass, Maggie Xu, DRE #01472823

Sold By Signature Realty & Mortgage, Brian Nguyen, DRE #01890201

Add your commute

Building Information for 1242 Cortez Drive

Stories2Residences4Year Built1962Building Size-Lot Size0.19 AC / 8,132 SF

Payment Calculator

$11,207 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,333

Property Taxes

$875

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1242 Cortez Drive

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Appliances - Vary by Unit, Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Refrigerator
  • Number of Full Bathrooms: 4
  • Number of Half Bathrooms: 0
Features
  • Amenities: Walk-in Closet
  • Energy Features: Double Pane Windows
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Laundry: Coin Operated, Washer / Dryer
  • Living SqFt: 3168
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: Sunnyvale
  • Roof: Composition
  • Stories: 2.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1242
  • Street Name: Cortez
  • Street Suffix: Drive
  • Area ID: 19
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3168
  • Structure SqFt Source: Assessor
  • Age: 60
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: R3
Location Information
  • Parcel Number: 161-18-020
  • County Name: Santa Clara
  • City Name: SUNNYVALE
  • City Postal ID: 74
  • Postal Code: 94086
  • Elementary School: 211
  • Elementary School District: 470
  • Middle School Text: Sunnyvale Middle
  • High School District Text: Fremont Union High
  • High School Text: Homestead High
Lot Information
  • Foundation: Concrete Perimeter, Crawl Space, Post and Pier
  • Horse Property: No
  • Lot Acres: .19
  • Lot Description: Grade - Gently Sloped
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Fenced, Low Maintenance, Sprinklers - Auto
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $10,496
  • Building Unit Total: 4
  • Capitalization Rate: 4.15
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,000
  • Expense Landscape: $1,200
  • Expense Maintenance: $1,862
  • Expense Management: $590
  • Expense Trash: $1,632
  • Expenses Other: $318
  • Expenses Utility: $5,589
  • Expenses Total: $23,687
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Supplies, Utilities - Water
  • Gross Rent Multiplier: 19.13
  • Income Annual Gross: $110,362
  • Income Annual Rental: $113,760
  • Income Gross Scheduled: $114,960
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,230
Unit 2 Information
  • Unit 2 Approx Square Footage: 792
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,500
Unit 3 Information
  • Unit 3 Approx Square Footage: 792
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,400
Unit 4 Information
  • Unit 4 Approx Square Footage: 792
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,350
Unit Type 1
  • Unit Type1 Approx SqFt: 792
Listing Info
Rental Info
  • Lease Type: Net

Property History for 1242 Cortez Drive

DateEvent & SourcePriceAppreciation
Jul 5, 2022

Sold

MLSListings #ML81894976

$2,120,000
Jul 5, 2022

Sold

RESFAR #81894976

$2,120,000
Jul 5, 2022

Sold

EBRD #ML81894976

$2,120,000
Jun 29, 2022

Sold (Public Record)

Public Record #1493090941

$2,120,000

+10.2% / yr

Jun 25, 2022

Pending

EBRD #ML81894976

Jun 25, 2022

Pending

RESFAR #81894976

Jun 25, 2022

Pending

MLSListings #ML81894976

Jun 15, 2022

Listed (Active)

RESFAR #81894976

$2,198,800
Jun 15, 2022

Listed (Active)

MLSListings #ML81894976

$2,198,800
Jun 15, 2022

Listed (Active)

EBRD #ML81894976

$2,198,800
Jun 6, 2022

Listed (Active)

MLSListings #ML81894976

Oct 28, 2011

Sold

MLSListings #ML81142373

$750,000
Oct 28, 2011

Sold

EBRD #ML81142373

$750,000
Oct 28, 2011

Sold

RESFAR #81142373

$750,000
Oct 13, 2011

Sold (Public Record)

Public Record #317852286

$750,000

-3.9% / yr

Oct 13, 2011

Pending

RESFAR #81142373

Oct 13, 2011

Pending

EBRD #ML81142373

Oct 13, 2011

Pending

MLSListings #ML81142373

Oct 4, 2011

Listed (Active)

EBRD #ML81142373

$689,900
Oct 4, 2011

Listed (Active)

MLSListings #ML81142373

$689,900
Oct 4, 2011

Listed (Active)

RESFAR #81142373

$689,900
Oct 27, 2010

Price Change

RESFAR #80385520

$938,000
Jun 24, 2005

Sold (Public Record)

Public Record #159724480

$965,000

+9.3% / yr

Jun 24, 2005

Sold

RESFAR #80522418

$965,000
Jun 24, 2005

Sold

MLSListings #ML80522418

$965,000
Jun 24, 2005

Sold

EBRD #ML80522418

$965,000
May 9, 2005

Pending

MLSListings #ML80522418

May 9, 2005

Pending

EBRD #ML80522418

May 9, 2005

Pending

RESFAR #80522418

Apr 29, 2005

Listed (Active)

EBRD #ML80522418

$968,850
Apr 29, 2005

Listed (Active)

RESFAR #80522418

$968,850
Apr 29, 2005

Listed (Active)

MLSListings #ML80522418

$968,850
Jul 31, 2004

Expired

EBRD #ML80385520

Jul 30, 2004

Expired

RESFAR #80385520

Jul 30, 2004

Expired

MLSListings #ML80385520

$938,000
Mar 24, 2004

Price Change

RESFAR #80385520

$950,000
Mar 24, 2004

Listed (Active)

RESFAR #80385520

$938,000
Mar 24, 2004

Listed (Active)

MLSListings #ML80385520

$950,000
Mar 24, 2004

Listed (Active)

EBRD #ML80385520

$950,000
May 14, 2003

Sold (Public Record)

Public Record #113330565

$800,000

+5.0% / yr

May 14, 2003

Sold

MLSListings #ML80312235

$800,000
May 14, 2003

Sold

EBRD #ML80312235

$800,000
May 14, 2003

Sold

RESFAR #80312235

$800,000
Mar 28, 2003

Pending

EBRD #ML80312235

Mar 28, 2003

Pending

RESFAR #80312235

Mar 28, 2003

Pending

MLSListings #ML80312235

Mar 3, 2003

Listed (Active)

RESFAR #80312235

$799,800
Mar 3, 2003

Listed (Active)

MLSListings #ML80312235

$799,800
Mar 3, 2003

Listed (Active)

EBRD #ML80312235

$799,800
May 28, 1999

Sold

MLSListings #ML89914459

$659,000
May 28, 1999

Sold

RESFAR #89914459

$659,000
May 28, 1999

Sold

EBRD #ML89914459

$659,000
May 21, 1999

Sold (Public Record)

Public Record #28911876

$659,000

+20.8% / yr

Apr 12, 1999

Pending

EBRD #ML89914459

Apr 12, 1999

Pending

RESFAR #89914459

Apr 12, 1999

Pending

MLSListings #ML89914459

Apr 8, 1999

Listed (Active)

RESFAR #89914459

$659,000
Apr 8, 1999

Listed (Active)

MLSListings #ML89914459

$659,000
Apr 8, 1999

Listed (Active)

EBRD #ML89914459

$659,000
Jun 25, 1997

Sold (Public Record)

Public Record #27966245

$460,000
DateEvent & SourcePrice
07/05/2022

Sold

MLSListings #ML81894976

$2,120,000
07/05/2022

Sold

RESFAR #81894976

$2,120,000
07/05/2022

Sold

EBRD #ML81894976

$2,120,000
06/29/2022

Sold (Public Record)

Public Record #1493090941

$2,120,000

+10.2% / yr

06/25/2022

Pending

EBRD #ML81894976

06/25/2022

Pending

RESFAR #81894976

06/25/2022

Pending

MLSListings #ML81894976

06/15/2022

Listed (Active)

RESFAR #81894976

$2,198,800
06/15/2022

Listed (Active)

MLSListings #ML81894976

$2,198,800
06/15/2022

Listed (Active)

EBRD #ML81894976

$2,198,800
06/06/2022

Listed (Active)

MLSListings #ML81894976

10/28/2011

Sold

MLSListings #ML81142373

$750,000
10/28/2011

Sold

EBRD #ML81142373

$750,000
10/28/2011

Sold

RESFAR #81142373

$750,000
10/13/2011

Sold (Public Record)

Public Record #317852286

$750,000

-3.9% / yr

10/13/2011

Pending

RESFAR #81142373

10/13/2011

Pending

EBRD #ML81142373

10/13/2011

Pending

MLSListings #ML81142373

10/04/2011

Listed (Active)

EBRD #ML81142373

$689,900
10/04/2011

Listed (Active)

MLSListings #ML81142373

$689,900
10/04/2011

Listed (Active)

RESFAR #81142373

$689,900
10/27/2010

Price Change

RESFAR #80385520

$938,000
06/24/2005

Sold (Public Record)

Public Record #159724480

$965,000

+9.3% / yr

06/24/2005

Sold

RESFAR #80522418

$965,000
06/24/2005

Sold

MLSListings #ML80522418

$965,000
06/24/2005

Sold

EBRD #ML80522418

$965,000
05/09/2005

Pending

MLSListings #ML80522418

05/09/2005

Pending

EBRD #ML80522418

05/09/2005

Pending

RESFAR #80522418

04/29/2005

Listed (Active)

EBRD #ML80522418

$968,850
04/29/2005

Listed (Active)

RESFAR #80522418

$968,850
04/29/2005

Listed (Active)

MLSListings #ML80522418

$968,850
07/31/2004

Expired

EBRD #ML80385520

07/30/2004

Expired

RESFAR #80385520

07/30/2004

Expired

MLSListings #ML80385520

$938,000
03/24/2004

Price Change

RESFAR #80385520

$950,000
03/24/2004

Listed (Active)

RESFAR #80385520

$938,000
03/24/2004

Listed (Active)

MLSListings #ML80385520

$950,000
03/24/2004

Listed (Active)

EBRD #ML80385520

$950,000
05/14/2003

Sold (Public Record)

Public Record #113330565

$800,000

+5.0% / yr

05/14/2003

Sold

MLSListings #ML80312235

$800,000
05/14/2003

Sold

EBRD #ML80312235

$800,000
05/14/2003

Sold

RESFAR #80312235

$800,000
03/28/2003

Pending

EBRD #ML80312235

03/28/2003

Pending

RESFAR #80312235

03/28/2003

Pending

MLSListings #ML80312235

03/03/2003

Listed (Active)

RESFAR #80312235

$799,800
03/03/2003

Listed (Active)

MLSListings #ML80312235

$799,800
03/03/2003

Listed (Active)

EBRD #ML80312235

$799,800
05/28/1999

Sold

MLSListings #ML89914459

$659,000
05/28/1999

Sold

RESFAR #89914459

$659,000
05/28/1999

Sold

EBRD #ML89914459

$659,000
05/21/1999

Sold (Public Record)

Public Record #28911876

$659,000

+20.8% / yr

04/12/1999

Pending

EBRD #ML89914459

04/12/1999

Pending

RESFAR #89914459

04/12/1999

Pending

MLSListings #ML89914459

04/08/1999

Listed (Active)

RESFAR #89914459

$659,000
04/08/1999

Listed (Active)

MLSListings #ML89914459

$659,000
04/08/1999

Listed (Active)

EBRD #ML89914459

$659,000
06/25/1997

Sold (Public Record)

Public Record #27966245

$460,000

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

Public Records for 1242 Cortez Drive

Taxable ValueLand$1,664,640Additions$541,008Total$2,205,648
Tax Record2025$26,158 ($2,180 / month)
Home Facts
Total Finished SqFt3,168 SqFtAbove Grade Finished SqFt3,168 SqFtStories2Lot Size7,841 SqFtStyleQuadraplexYear Built1962ZoningR3CountySANTA CLARAAPN161-18-020Fireplace TypeHas Fireplace

Schools near 1242 Cortez 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Compass, Maggie Xu, DRE #01472823

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.