$988,000
690 Picasso Ter, Sunnyvale 94087
AddressIntel AI Briefing
This property represents a high-potential condo investment, offered at an attractive price-per-square-foot discount relative to comparable local sales. Its position in a highly desirable Sunnyvale neighborhood with strong rental demand ensures stable occupancy and immediate yield potential. A light interior update is the optimal value-add strategy here rather than any complex redevelopment.
Property Permit History
Recent Neighborhood Remodeling (Sunnyvale)
Parcel & Zoning Info
Condo Investment Snapshot
Price positioning vs. 65 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
Fault Zone
Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).
Nearby Public Schools
Louis E. Stocklmeir Elementary
Cupertino Union
Marian A. Peterson Middle
Santa Clara Unified
Fremont High
Fremont Union High
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
91/100
Based on recent sales velocity and local demand in 94087.
Flippability Score
60/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
62%
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 12 recent townhome sales in Sunnyvale (94087): $991/sqft. Sized within 25% of the 1,800 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Sunnyvale 94087)
Sized to the modelled 1,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.