1237 Coronado Dr Sunnyvale, CA 94086
Estimated payment $14,094/month
Highlights
- Coin Laundry
- Sunnyvale Middle School Rated A-
- Heating Available
About This Home
Marcus & Millichap is pleased to present 1237 Coronado Drive, a well-maintained 4-unit multifamily property in Sunnyvale, CA. The property features an attractive unit mix of one massive 3-bedroom unit and three 2-bedroom units, totaling 3,763 SF on a 0.17-acre lot. Located in a highly desirable neighborhood with strong rental demand, the asset offers meaningful upside through rent growth, as current rents remain below market. With convenient access to shopping, dining, transit, and major highways, this property presents a compelling Sunnyvale investment opportunity with stable in-place income and long-term upside. The property is ideally located near many of Silicon Valley's largest employers, including major tech campuses and corporate offices in Sunnyvale, Mountain View, and Santa Clara, driving consistent tenant demand.
Property Details
Home Type
- Multi-Family
Year Built
- 1963
Parking
- 4 Carport Spaces
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 3,763 Sq Ft Home
- 2-Story Property
Utilities
- Heating Available
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Month-to-Month Lease Term
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 4 Leased Units
- Gardener Expense $3,216
- Insurance Expense $3,100
- Maintenance Expense $1,752
- Other Expense $1,620
- Utility Expense $4,392
- Trash Expense $2,328
- Operating Expense $43,624
- Gross Income $132,987
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $28,171 | $2,467,308 | $1,750,993 | $716,315 |
| 2024 | $28,171 | $2,418,930 | $1,716,660 | $702,270 |
| 2023 | $27,914 | $2,371,500 | $1,683,000 | $688,500 |
| 2022 | $27,467 | $2,325,000 | $1,650,000 | $675,000 |
| 2021 | $24,981 | $2,090,792 | $1,447,472 | $643,320 |
| 2020 | $24,666 | $2,069,354 | $1,432,630 | $636,724 |
| 2019 | $24,109 | $2,028,780 | $1,404,540 | $624,240 |
| 2018 | $23,628 | $1,989,000 | $1,377,000 | $612,000 |
| 2017 | $23,323 | $1,950,000 | $1,350,000 | $600,000 |
| 2016 | $1,830 | $135,322 | $29,837 | $105,485 |
| 2015 | $1,838 | $133,290 | $29,389 | $103,901 |
| 2014 | $1,806 | $130,680 | $28,814 | $101,866 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2026 02/16/26 | Price Changed | $2,280,000 | -2.1% | $606 / Sq Ft |
| 01/24/2026 01/24/26 | For Sale | $2,328,000 | -- | $619 / Sq Ft |
Source: MLSListings
MLS Number: ML82032407
APN: 161-16-021
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