1237 Coronado Dr

Beds
Baths
3,763 Sq. Ft.
$606 / Sq. Ft.
3,763
Sq. Ft.
$606
per Sq. Ft.

Description

Marcus & Millichap is pleased to present 1237 Coronado Drive, a well-maintained 4-unit multifamily property in Sunnyvale, CA. The property features an attractive unit mix of one massive 3-bedroom unit and three 2-bedroom units, totaling 3,763 SF on a 0.17-acre lot. Located in a highly desirable neighborhood with strong rental demand, the asset offers meaningful upside through rent growth, as current rents remain below market. With convenient access to shopping, dining, transit, and major highways,...Marcus & Millichap is pleased to present 1237 Coronado Drive, a well-maintained 4-unit multifamily property in Sunnyvale, CA. The property features an attractive unit mix of one massive 3-bedroom unit and three 2-bedroom units, totaling 3,763 SF on a 0.17-acre lot. Located in a highly desirable neighborhood with strong rental demand, the asset offers meaningful upside through rent growth, as current rents remain below market. With convenient access to shopping, dining, transit, and major highways, this property presents a compelling Sunnyvale investment opportunity with stable in-place income and long-term upside. The property is ideally located near many of Silicon Valley's largest employers, including major tech campuses and corporate offices in Sunnyvale, Mountain View, and Santa Clara, driving consistent tenant demand.
  1. Listed by Eymon Binesh • DRE #02060059 • Brokerage DRE #01240999 • Marcus & Millichap • 650-546-1030
  2. Listed by Mark Kis • DRE #02248309 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1237 Coronado Drive

MLS City Name
SUNNYVALE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
0

Open Houses

Wednesday, Feb 25th

11:30 AM - 1:00 PM

Public

LISTING UPDATED: 02/21/2026 03:25 PM

Property Details for 1237 Coronado Drive

StatusActive
MLS #ML82032407
Days on Compass31
Taxes$27,216 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.17 AC / 7,320 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Eymon Binesh, DRE #02060059; Marcus & Millichap, Mark Kis, DRE #02248309
Add your commute

Building Information for 1237 Coronado Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,320 SF

Payment Calculator

$13,380 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,112

Property Taxes

$2,268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1237 Coronado Drive

Features
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 3763
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Sunnyvale
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1237
  • Street Name: Coronado
  • Street Suffix: Drive
  • Area ID: 19
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3763
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Parcel Number: 161-16-021
  • County Name: Santa Clara
  • City Name: SUNNYVALE
  • City Postal ID: 74
  • Postal Code: 94086
  • Elementary School District: 470
  • High School District Text: Fremont Union High
Lot Information
  • Foundation: Wood Frame
  • Horse Property: No
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $27,216
  • Building Unit Total: 4
  • Capitalization Rate: 3.92
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,100
  • Expense Landscape: $3,216
  • Expense Maintenance: $1,752
  • Expense Management: $0
  • Expense Trash: $2,328
  • Expenses Other: $1,620
  • Expenses Utility: $4,392
  • Expenses Total: $43,624
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 16.63
  • Income Annual Gross: $132,987
  • Income Annual Rental: $135,900
  • Income Gross Scheduled: $137,100
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,350
Unit 2 Information
  • Unit 2 Approx Square Footage: 855
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,525
Unit 3 Information
  • Unit 3 Approx Square Footage: 855
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,650
Unit 4 Information
  • Unit 4 Approx Square Footage: 855
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,800
Unit Type 1
  • Unit Type1 Approx SqFt: 1197

Property History for 1237 Coronado Drive

DateEvent & SourcePriceAppreciation
Feb 16, 2026

Price Change

EBRD #ML82032407

$2,280,000
Feb 16, 2026

Price Change

MLSListings #ML82032407

$2,280,000
Jan 24, 2026

Listed (Active)

MLSListings #ML82032407

$2,328,000
Jan 24, 2026

Listed (Active)

EBRD #ML82032407

$2,328,000
Jul 28, 2025

Expired

EBRD #ML81986274

$2,528,000
Jul 27, 2025

Expired

MLSListings #ML81986274

$2,528,000
Nov 10, 2024

Listed (Active)

MLSListings #ML81986274

$2,528,000
Nov 10, 2024

Listed (Active)

EBRD #ML81986274

$2,528,000
Oct 21, 2021

Sold

EBRD #ML81847851

$2,400,000
Oct 21, 2021

Sold

MLSListings #ML81847851

$2,325,000
Oct 21, 2021

Sold

EBRD #ML81847851

$2,325,000
Oct 15, 2021

Sold (Public Record)

Public Record #1474551159

$2,325,000

+3.5% / yr

Sep 29, 2021

Temporarily Off Market

EBRD #ML81847851

Sep 29, 2021

Pending

MLSListings #ML81847851

Aug 30, 2021

Pending

EBRD #ML81847851

Aug 30, 2021

Contingent - Show

MLSListings #ML81847851

Aug 28, 2021

Temporarily Off Market

EBRD #ML81847851

Aug 28, 2021

Pending

MLSListings #ML81847851

Aug 28, 2021

Pending

EBRD #ML81847851

Aug 28, 2021

Contingent - Show

MLSListings #ML81847851

Aug 5, 2021

Price Change

EBRD #ML81847851

$2,400,000
Aug 5, 2021

Price Change

MLSListings #ML81847851

$2,400,000
Jun 8, 2021

Listed (Active)

EBRD #ML81847851

$2,500,000
Jun 8, 2021

Listed (Active)

MLSListings #ML81847851

$2,500,000
Sep 9, 2016

Sold

EBRD #ML81587150

$1,750,000
Aug 25, 2016

Sold

SDMLS #ML81587150

$1,950,000
Aug 25, 2016

Sold

EBRD #ML81587150

$1,950,000
Aug 25, 2016

Sold

MLSListings #ML81587150

$1,950,000
Aug 16, 2016

Sold (Public Record)

Public Record #577454953

$1,950,000
Jun 16, 2016

Pending

MLSListings #ML81587150

Jun 16, 2016

Pending

EBRD #ML81587150

May 24, 2016

Listed (Active)

MLSListings #ML81587150

$1,750,000
May 24, 2016

Listed (Active)

SDMLS #ML81587150

$1,750,000
May 24, 2016

Listed (Active)

EBRD #ML81587150

$1,750,000
DateEvent & SourcePrice
02/16/2026

Price Change

EBRD #ML82032407

$2,280,000
02/16/2026

Price Change

MLSListings #ML82032407

$2,280,000
01/24/2026

Listed (Active)

MLSListings #ML82032407

$2,328,000
01/24/2026

Listed (Active)

EBRD #ML82032407

$2,328,000
07/28/2025

Expired

EBRD #ML81986274

$2,528,000
07/27/2025

Expired

MLSListings #ML81986274

$2,528,000
11/10/2024

Listed (Active)

MLSListings #ML81986274

$2,528,000
11/10/2024

Listed (Active)

EBRD #ML81986274

$2,528,000
10/21/2021

Sold

EBRD #ML81847851

$2,400,000
10/21/2021

Sold

MLSListings #ML81847851

$2,325,000
10/21/2021

Sold

EBRD #ML81847851

$2,325,000
10/15/2021

Sold (Public Record)

Public Record #1474551159

$2,325,000

+3.5% / yr

09/29/2021

Temporarily Off Market

EBRD #ML81847851

09/29/2021

Pending

MLSListings #ML81847851

08/30/2021

Pending

EBRD #ML81847851

08/30/2021

Contingent - Show

MLSListings #ML81847851

08/28/2021

Temporarily Off Market

EBRD #ML81847851

08/28/2021

Pending

MLSListings #ML81847851

08/28/2021

Pending

EBRD #ML81847851

08/28/2021

Contingent - Show

MLSListings #ML81847851

08/05/2021

Price Change

EBRD #ML81847851

$2,400,000
08/05/2021

Price Change

MLSListings #ML81847851

$2,400,000
06/08/2021

Listed (Active)

EBRD #ML81847851

$2,500,000
06/08/2021

Listed (Active)

MLSListings #ML81847851

$2,500,000
09/09/2016

Sold

EBRD #ML81587150

$1,750,000
08/25/2016

Sold

SDMLS #ML81587150

$1,950,000
08/25/2016

Sold

EBRD #ML81587150

$1,950,000
08/25/2016

Sold

MLSListings #ML81587150

$1,950,000
08/16/2016

Sold (Public Record)

Public Record #577454953

$1,950,000
06/16/2016

Pending

MLSListings #ML81587150

06/16/2016

Pending

EBRD #ML81587150

05/24/2016

Listed (Active)

MLSListings #ML81587150

$1,750,000
05/24/2016

Listed (Active)

SDMLS #ML81587150

$1,750,000
05/24/2016

Listed (Active)

EBRD #ML81587150

$1,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1237 Coronado Drive

Taxable ValueLand$1,750,993Additions$716,315Total$2,467,308
Tax Record2025$29,228 ($2,436 / month)
Home Facts
Total Finished SqFt3,763 SqFtAbove Grade Finished SqFt3,763 SqFtStories2Lot Size7,320 SqFtStyleQuadraplexYear Built1963ZoningR3CountySANTA CLARAAPN161-16-021Fireplace TypeHas Fireplace

Schools near 1237 Coronado Drive

This home is within Fremont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vargas Elementary School
PublicK to 5

Sunnyvale Middle School
Public6 to 8

Homestead High School
Public9 to 12

Community Day School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1237 Coronado Drive is a multi-family home for sale in Sunnyvale, CA 94086. This property was listed for sale on January 24, 2026 by Marcus & Millichap, it's currently listed at $2,280,000. It has been on the market for a total of 31 days and was last sold on October 21, 2021. This listing's school districts are Fremont Union High School District, Sunnyvale School District. Nearby schools include Vargas Elementary School, Sunnyvale Middle School and Homestead High School. 1237 Coronado Drive is a 0-bed, 0-bath, 3,763 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Eymon Binesh, DRE #02060059; Marcus & Millichap, Mark Kis, DRE #02248309

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.