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ActiveMulti-Family

$1,398,000

1040 W Iowa Ave, Sunnyvale 94086

Beds4
Baths3
Sqft2,178
DOM4
No Photos Available

AddressIntel AI Briefing

A high-end interior renovation is the optimal play for this mid-century property, avoiding complex ground-up construction which is financially penalized by low size-matched resale values. Retaining the generous existing footprint avoids the costs of a teardown while modernizing the home for owner-occupant buyers.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Sunnyvale)

2026-08-091286 PRESCOTT Sunnyvale CA 94089
Hvac
--ISSUED
2026-08-091209 VAN DYCK Sunnyvale CA 94087
Hvac
--ISSUED
2026-08-07559 ALBERTA Sunnyvale CA 94087
Solar
$14,695ISSUED
2026-08-07464 IVES Sunnyvale CA 94087
Electrical
$3,500ISSUED
2026-08-07924 ALMADEN Sunnyvale CA 94085
Hvac
$16,174ISSUED
2026-08-071578 MEADOWLARK Sunnyvale CA 94087
Roofing
$22,000ISSUED

Parcel & Zoning Info

APN16140031
Official Lot Sqft6,098
Zoning Code--
SB 9 StatusN/A

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

Vargas Elementary

Sunnyvale

0.4 miles away
Middle School

Sunnyvale Middle

Sunnyvale

1.0 miles away
High School

Alta Vista High

Mountain View-Los Altos Union High

1.4 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

73/100

Based on recent sales velocity and local demand in 94086.

Flippability Score

40/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

30%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 6 recent multi-family sales in Sunnyvale (94086): $549/sqft. Sized within 25% of the 3,300 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,815,000
New Build3,300 sqft
Total Capital Required$3,388,000
Estimated Resale (ARV)$1,811,700
Cost of Sale (5%)-$90,585
Net Proceeds$1,721,115

Projected Profit

-$1,666,885
-49.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Sunnyvale 94086)

Sized to the modelled 3,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1241 Coronado Dr

Sold
$2,070,000
Sold: 2026-06-12
Lot: 7,320
Sqft: 3763
$/Sqft: $550

504 Hawthorn Ave

Sold
$1,740,000
Sold: 2026-05-29
Lot: 7,260
Sqft: 3728
$/Sqft: $467

1237 Coronado Dr

Sold
$2,060,000
Sold: 2026-04-06
Lot: 7,320
Sqft: 3763
$/Sqft: $547

646 Azara Pl

Sold
$1,750,000
Sold: 2026-03-11
Lot: 7,799
Sqft: 3837
$/Sqft: $456

457 Carneros Ave

Sold
$2,200,000
Sold: 2026-02-20
Lot: 9,840
Sqft: 3354
$/Sqft: $656

427 Vasquez Ave

Sold
$2,153,000
Sold: 2026-01-13
Lot: -
Sqft: 2624
$/Sqft: $821