Home | Santa Clara County | Sunnyvale | 94086 | 1040 W Iowa Ave
MLS: ML82058102 | Status: Active | Price: $1,398,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,178 | 6,211 | 1959 |
Wonderful triplex in quiet neighborhood w/ single family homes near Heritage District & Downtown. 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. Vacant & 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. As an example, the new owner could upgrade the electrical service to add in-unit laundry, air conditioning, & electric vehicle chargers. An ADU consultant has determined that add one conversion ADU can be added pursuant to statewide ADU polices- buyer to contact the City of Sunnyvale to verify. Feeds into Vargas Elementary, Sunnyvale Middle, & Homestead High. Many of the largest technology 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.
| Field | Value |
|---|---|
| MLS # | ML82058102 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Kitchen | Countertop - Stone, Countertop - Synthetic |
| Appliances | Dishwasher, Garbage Disposal, Microwave, Oven Range, Oven Range - Gas, Refrigerator, Washer/Dryer |
| Laundry | Coin Operated |
| Cooling | Ceiling Fan |
| Heating | Electric, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition, Shingle |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Covered Parking, No Garage, Garage: 0 Car(s) |
| Elementary District | Sunnyvale |
| High School District | Fremont Union High |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R3 |
Ismael Benhamida
Compass
License #: 01722847
Phone: (408) 373-6195
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $2,350 |
| 2 | – | 1 | 1/0 | $2,700 |
| 3 | – | 1 | 1/0 | $1,700 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of August 18, 2026. For the most current information, please contact Ismael Benhamida, (408) 373-6195.