Remodeled Fourplex with Covered
1026 Valerian WAY Sunnyvale, CA 94086
New
For Sale
$2,900,000
MULTI_FAMILY - SUNNYVALE, CA
Property Size4,300 SF
Lot Size0.24 Acres
Price / SF$674.42
Days on Market2
Property Features for 1026 Valerian WAY
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 9
- Rooms
- Bedroom 6, Bedroom 4, Laundry Room, Bedroom 9, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 8
- Parking
- 10
- Parking features
- Guest, On Street, Carport, Covered
- Security features
- Security Lighting
- Interior features
- Walk-in Closet
- Appliances
- Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
- Standard status
- Active
- Size
- 4,300 SF
- Lot size
- 0.24 Acres
Utilities
- Heating system
- Forced Air, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1969
- Number of units
- 4
- Flooring type
- Carpet, Hardwood
- Roof type
- Tile
Listing Agency:
Keller Williams Thrive
(408) 850-6900
Listed By:
Renna Shee · License #01906557
(650) 823-8003
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 2:06AM
MLS# ML82055331
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Newly remodeled fourplex at 1026 Valerian Way, Sunnyvale, CA 94086, offering four separate residential units with updated interiors. The largest unit features 3 bedrooms and 2 bathrooms, along with an elongated rear patio. Unit 2 offers 2 bedrooms and 1.5 bathrooms with a two-story layout. The two upper-level units each provide 2 bedrooms and 1 bathroom. Throughout the residences, hardwood floors extend across thoughtfully designed floor plans, complemented by dual-pane windows. Heat/AC provide year-round comfort, and updated kitchens include stainless steel appliances, quartz countertops, and ample cabinetry.
The property includes a laundry room with a washer, dryer, and sink. Off the rear, there is a large parking lot with covered parking plus more than 10 uncovered spaces. The property is zoned R3 and sits on a 0.2355-acre lot. It is described as being under 3 miles from Downtown Sunnyvale/Caltrain and within close proximity to shopping, parks, and Sunken Gardens Golf Course.
The property includes a laundry room with a washer, dryer, and sink. Off the rear, there is a large parking lot with covered parking plus more than 10 uncovered spaces. The property is zoned R3 and sits on a 0.2355-acre lot. It is described as being under 3 miles from Downtown Sunnyvale/Caltrain and within close proximity to shopping, parks, and Sunken Gardens Golf Course.
Key Highlights
- Newly remodeled fourplex with multiple bedrooms across 4 units (largest unit: 3 bed/2 bath).
- Unit mix: Unit 1 3BD/2BA; Unit 2 2BD/1.5BA with a two‑story layout; Units 3–4 each 2BD/1BA.
- Dual‑pane windows and central heating/cooling (forced air, central air) for year‑round comfort.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.1k | $34.20 |
| − Vacancy | −$6.1k | −$1.43 |
| EGI | $140.9k | $32.77 |
| − OpEx | −$42.3k | −$9.83 |
| NOI | $98.6k | $22.94 |
4,300 SF · lease $34.20/SF/yr · vacancy 4.18% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.41M
$1.23M – $1.64M
NOI $98,639 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.51M
NOI $90,890 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,798 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Newly remodeled fourplex featuring covered parking plus 10+ uncovered spaces and a dedicated laundry room.
Where is this quadplex located?
The property is located at 1026 Valerian WAY Sunnyvale, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Newly remodeled fourplex with multiple bedrooms across 4 units (largest unit: 3 bed/2 bath).; Unit mix: Unit 1 3BD/2BA; Unit 2 2BD/1.5BA with a two‑story layout; Units 3–4 each 2BD/1BA.; Dual‑pane windows and central heating/cooling (forced air, central air) for year‑round comfort.
