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    Renovated Triplex with ADU Potential
    Updated: Aug 20
    Renovated Triplex with ADU Potential

    1040 W Iowa Ave, Sunnyvale, CA 94086

    $1,398,000
    2,178 sqft 0.14 AC lot
    Three‑unit property with one 2‑Bed/1‑Bath owner’s unit and two 1‑Bed/1‑Bath units
    2,178 SqFt building on a 6,211 SqFt lot
    Fully renovated 1‑Bed/1‑Bath unit #2 delivered vacant at close of escrow
    Renovation includes plumbing, insulation, electrical, windows, kitchen, bathroom, flooring, and LED lights
    Built in 1959 with copper piping, completed fumigation, and SB‑721 clearance
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    This listing looks promising.

    Here's a quick look at some key insights for

    1040 W Iowa Ave, Sunnyvale, CA 94086

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    • Est. Cap Rate

      3.6%
      NOI ÷ price

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $714K
      Suggested

    • Property Type

      Triplex
      Built 1959
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sunnyvale, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    San Jose Triplex Near Amenities
    San Jose Triplex Near Amenities

    697 Hamline St, San Jose, CA 95110

    $848,000
    1,500 sqft 0.09 AC lot

    Triplex in San Jose near shopping, dining, and entertainment.

    View details
    Contemporary Triplex with Solar Roof
    Contemporary Triplex with Solar Roof

    Address not disclosed, San Jose, CA 95128

    $3,350,000
    2,390 sqft 0.21 AC lot

    Three rental units occupy an accessible, renovated building near Santana Row with a dedicated parking lot.

    View details
    Three-Unit Apartment Property
    Three-Unit Apartment Property

    1826 Higdon AVE, Mountain View, CA 94041

    $2,149,000

    Built in 1962, the property contains three matching residential units with practical layouts for rental or owner occupancy.

    View details
    Mountain View Triplex Opportunity
    Mountain View Triplex Opportunity

    1356 West Dana Street, Mountain View, CA 94041

    Contact for pricing

    Triplex in Silicon Valley with value-add and development potential.

    View details

    Sunnyvale, CA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Sunnyvale, CA on our real estate platform. These investment opportunities span a total of 2,178 square feet of properties for sale, with an estimated market value of $1,398,000.

    Sale prices for three-family homes in Sunnyvale, CA average $1,398,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 15
    Quadplexes 12
    Apartment buildings 9
    Duplexes 2
    Triplexes 1

    Demographics Overview

    Population 153K
    Population Growth (5Y) +0.6%
    Median Household Income $184,503
    College Educated 83.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.13%
    Property Tax per SF $8.58 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Clara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sunnyvale fall within the 100,000+ square foot range.

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