Nalren
Open in App

Residential Income - 1273 Cortez Drive, Sunnyvale, CA

$2,050,000

1273 Cortez Drive, Sunnyvale, CA

MLS# ML82064680

1273 Cortez Drive, Sunnyvale, CA 94086 - $2,050,000 · Multi-Family Home for Sale, photo 1 1273 Cortez Drive, Sunnyvale, CA 94086 - $2,050,000 · Multi-Family Home for Sale, photo 2 1273 Cortez Drive, Sunnyvale, CA 94086 - $2,050,000 · Multi-Family Home for Sale, photo 3 1273 Cortez Drive, Sunnyvale, CA 94086 - $2,050,000 · Multi-Family Home for Sale, photo 4 1273 Cortez Drive, Sunnyvale, CA 94086 - $2,050,000 · Multi-Family Home for Sale, photo 5
View in Nalren App Get the App

Description

1273 Cortez Drive (the Property) is a multifamily asset built in 1963 and comprised of four (4) units in a single two-story building. The Property features a unit mix of one (1) one-bedroom/one-bathroom floorplan, two (2) two-bedroom/one-bathroom townhome floorplans, and one (1) three-bedroom/three-bathroom townhome floorplan. The oversized, townhome-style layouts are a rarity among small-scale rental stock and appeal to renters seeking space and privacy. The Property is partially renovated and in-place rents are strong, averaging $2,813 per unit per month, in line with current market rents. The one vacant unit, a two-bedroom/one-bathroom townhome, offers investors an immediate value-add opportunity. A new owner can renovate the unit on day one and bring it to market rent immediately. The upside is available on the first day of ownership without waiting on a lease expiration or tenant turnover. The Propertys Sunnyvale location in the Sunnyvale West submarket generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire a partially renovated, well-leased asset in one of the most sought-after rental markets in Silicon Valley. OPEN HOUSE WEDNESDAY OCTOBER 21 11:30-1:00PM

Property details

Square feet
4,247
Year built
1963
Property type
Residential Income
Lot size
7,950 sqft

Location

1273 Cortez Drive • Sunnyvale, CA 94086

More homes for sale and rent in Sunnyvale, CA →

Listing Agent

Adam Foley

DRE #: 02144332

Brokerage: CBRE, Inc.

Similar Listings

Recent sales near 1273 Cortez Drive

Closed sales reported in 94086, nearest first, last 12 months. All recent sales in Sunnyvale →

CRMLS

MLS# ML82064680

Listed: 10/15/2026 2:34 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/19/2026 3:35 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: CBRE, Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

View this listing and thousands more on Nalren, the modern way to discover and connect on real estate.

Are you a local professional? Get found and booked on Nalren.

Nalren Corp. · CA DRE #02423715