OFF MARKET

Off market dec 2018 for $2.2M

—

Est. refi paymentEst. refi $13,002/mo

—

•

4,029

sq ft

1053 Reed Ter, Sunnyvale, CA 94086

About this home

1053 Reed Terrace features an outstanding unit mix of (1) 3 bedroom / 2 bathrooms apartment and (2) 2 bedroom / 1.5 bathrooms and (1) 1 bedroom 1 bathroom apartments. The large interiors average over 1,000 sq. ft. each and possess great floor plans. Built in 1978, the units are well maintained and feature dishwashers, forced air, and copper plumbing throughout. Ample 2:1 parking ratio including (2) 2-car garages; (1) 1-car garage and (3) uncovered spots. The current rents are below market and there exists immediate upside potential to improve returns. Situated within a quiet terrace setting on cobblestone streets with mature and well-maintained landscaping, this opportunity is perfect for an owner-occupier or investor. 1053 Reed Terrace is just a few miles to some of the world's best employers making this a very stable investment.

Multi-familyProperty Type

1978Year Built

5,446 sq ftLot Size

$558Price/Sq.Ft.

5 car garageParking

Listed by Joel Hopman •DRE #01934574 • Newmark Cornish & Carey

Listed by Justin Bautista •DRE #01268331 • Newmark Cornish & Carey

Bought with Joel Hopman •DRE #01934574 • Newmark Cornish & Carey

Bought with Justin Bautista •DRE #01268331 • Newmark Cornish & Carey

Redfin checked: a few seconds ago

•Source:MLSListings #ML81718168

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 94086, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

106.6%

+2.4% MoM

Median sale price

$1.7M

$20K MoM

Avg. days on market

18d

3 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 12 HRS AGO
$449,000
3 beds2 baths1,800 sq ft
125 North Mary Ave #61, Sunnyvale, CA 94086
VIDEO TOUR
$2,250,000
5 beds3 baths2,028 sq ft
831 South Wolfe Rd, Sunnyvale, CA 94086
$1,288,000
2 beds2.5 baths1,395 sq ft
317 East Washington Ave, Sunnyvale, CA 94086
3D & VIDEO TOUR
$1,298,950
3 beds3.5 baths1,577 sq ft
234 Peppermint Tree Ter #5, Sunnyvale, CA 94086
3D WALKTHROUGH
$1,400,000
3 beds2.5 baths1,556 sq ft
765 East Evelyn Ave, Sunnyvale, CA 94086
OPEN THU, 12PM TO 1:30PM
$2,369,000
9 beds5 baths3,960 sq ft
607 Timberpine Ave, Sunnyvale, CA 94086
$2,698,888
3 beds3 baths1,800 sq ft
188 South Bernardo Ave, Sunnyvale, CA 94086
$1,198,000
2 beds2.5 baths1,216 sq ft
932 Noble Fir Ter #4, Sunnyvale, CA 94086
VIDEO TOUR
$1,649,000
3 beds2 baths1,103 sq ft
857 Tamarack Ln, Sunnyvale, CA 94086
3D WALKTHROUGH
$2,750,000
3 beds2 baths1,705 sq ft
505 South Frances St, Sunnyvale, CA 94086
See all

Provided by Redfin

Sale history for 1053 Reed Ter

Date

Event

Price

MLSListings #ML81718168

Dec 13, 2018

Sold

$2,250,000

$558/sq ft

Aug 27, 2018

Pending

—

Aug 8, 2018

Listed

$2,295,000

$570/sq ft

SDMLS #301743747

Dec 13, 2018

Sold

$2,250,000

$558/sq ft

Aug 8, 2018

Listed

$2,295,000

$570/sq ft

MLSListings #ML80642599

Sep 13, 2006

Sold

$1,115,000

$277/sq ft

Jul 31, 2006

Listing Removed

—

Jul 10, 2006

Listed

$1,095,000

$272/sq ft

Public Records

Mar 30, 1990

Sold

$575,000

$143/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$30,465 (+1.4%)

$1,934,307 + $739,586

$2,673,893

2024

$30,055 (+0.8%)

$1,896,380 + $725,085

$2,621,465

2023

$29,826 (+1.4%)

$1,859,197 + $710,868

$2,570,065

2022

$29,416 (+0.3%)

$1,822,743 + $696,930

$2,519,673

2021

$29,331 (+1.8%)

$1,787,003 + $683,265

$2,470,268

2020

$28,801 (+0.1%)

$1,751,964 + $669,868

$2,421,832

2019

$28,759 (+86.9%)

$1,734,000 + $663,000

$2,397,000

2018

$15,389 (+0.6%)

$1,700,000 + $650,000

$2,350,000

2017

$15,301 (+2.3%)

$594,518 + $692,648

$1,287,166

2016

$14,963 (+0.4%)

$594,518 + $692,648

$1,287,166

2015

$14,907 (+5.0%)

$582,861 + $679,067

$1,261,928

2014

$14,196 (+21.6%)

$562,861 + $655,765

$1,218,626

2012

$11,672 (−14.3%)

$560,318 + $652,802

$1,213,120

2011

$13,627 (+3.0%)

$451,700 + $526,300

$978,000

2010

$13,224 (−2.0%)

$538,561 + $627,453

$1,166,014

2009

$13,500 (+3.8%)

$534,536 + $622,764

$1,157,300

2008

$13,007

$525,300 + $612,004

$1,137,304

Tax history for 1053 Reed Ter

Year

Property tax

Land + Additions

Assessment*

2025

$30,465 (+1.4%)

$1,934,307 + $739,586

$2,673,893

2024

$30,055 (+0.8%)

$1,896,380 + $725,085

$2,621,465

2023

$29,826 (+1.4%)

$1,859,197 + $710,868

$2,570,065

2022

$29,416 (+0.3%)

$1,822,743 + $696,930

$2,519,673

2021

$29,331 (+1.8%)

$1,787,003 + $683,265

$2,470,268

2020

$28,801 (+0.1%)

$1,751,964 + $669,868

$2,421,832

2019

$28,759 (+86.9%)

$1,734,000 + $663,000

$2,397,000

2018

$15,389 (+0.6%)

$1,700,000 + $650,000

$2,350,000

2017

$15,301 (+2.3%)

$594,518 + $692,648

$1,287,166

2016

$14,963 (+0.4%)

$594,518 + $692,648

$1,287,166

2015

$14,907 (+5.0%)

$582,861 + $679,067

$1,261,928

2014

$14,196 (+21.6%)

$562,861 + $655,765

$1,218,626

2012

$11,672 (−14.3%)

$560,318 + $652,802

$1,213,120

2011

$13,627 (+3.0%)

$451,700 + $526,300

$978,000

2010

$13,224 (−2.0%)

$538,561 + $627,453

$1,166,014

2009

$13,500 (+3.8%)

$534,536 + $622,764

$1,157,300

2008

$13,007

$525,300 + $612,004

$1,137,304

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

6,300 Sq. Ft.

Year renovated

1978

Sq. Ft.

4,029

Year built

1978

Style

Multi-Family (2-4 Unit)

County

Santa Clara County

APN

21354013

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 21, 2026.

Property details

Parking

Garage Information
# of Garage Spaces: 5

Parking Information
# of Total Parking Spaces: 3
Has Carport: Yes
Has Garage: Yes
Parking Features: Assigned Spaces, Carport

Interior

Multi-Unit Information
# of Units Leased: 4
# of Units Total: 4

Unit 1 Information
# of Bathrooms (Full): 2

Unit 2 Information
# of Bathrooms (Full): 1

Unit 3 Information
# of Bathrooms (Full): 1

Unit 4 Information
# of Bathrooms (Full): 1

Exterior

Building Information
# of Buildings: 1
Foundation Details: Concrete Perimeter
Roof: Composition, Shingle

Stories
Stories: 2

Year Built
Year Built Details: 2

Property Features
Inclusions: Dishwasher (All Units), Land, Oven/Range (All Units)
Inclusions (Additional): Refrigerator (All Units)

Property Information
Building Area Total (Sq. Ft.): 4,029

Financial

Tax Information
Annual Tax Amount: $27,189

Lease Information
Lease Terms: Month to Month

Financial Information
Buyer Financing: Conventional

Utilities

Heating & Cooling
Cooling: Window/Wall Unit
Heating: Forced Air

Utility Information
Gas: Individual Gas Meters
Sewer: Public Sewer
Utilities: Public Water, Individual Electric Meters, Individual Gas Meters
Water Source: Public

Location

HOA Information
Association Fee: $100
Has Association: Yes

School Information
Elementary School: Ponderosa Elementary
Elementary School District: Santa Clara Unified
High School: Adrian Wilcox High
High School District: Santa Clara Unified
Middle/Junior High School: Marian A. Peterson Middle

Location Information
MLS Area: Sunnyvale
Street Name: Reed
Street Number: 1053

WalkScore Information
Walk Score: 27

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,029
Stories: 2.0
Lot Size: 6,300 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1978
Year Renovated: 1978
County: Santa Clara County
APN: 21354013

Home facts updated by county records on Aug 21, 2026

Around this home

Schools

K - 12
Preschool & daycare

Ponderosa Elementary School

Public K-5 • Assigned • 0.6mi

9/10

Marian A. Peterson Middle School

Public 6-8 • Assigned • 1.3mi

9/10

Adrian Wilcox High School

Public 9-12 • Assigned • 0.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

13 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Sunnyvale, CA • 94086

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.1 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

11.1 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 94086

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3D WALKTHROUGH

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VIDEO TOUR

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Custom cabinetry • Expansive peninsula • 5,454 sq ft lot

Home values near 1053 Reed Ter

Data from public records.

Address	Redfin Estimate
1089 Reed Avenue #A, Sunnyvale, CA 3 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$1,033,533
1046 Reed Terrace, Sunnyvale, CA - Beds \| - Baths \| 4029 Sq. Ft.	$2,345,819
1091 Reed Avenue #A, Sunnyvale, CA 2 Beds \| 1 Baths \| 858 Sq. Ft.	$681,443
1081 Reed Avenue #D, Sunnyvale, CA 2 Beds \| 1 Baths \| 905 Sq. Ft.	$637,995
1087 Reed Avenue #C, Sunnyvale, CA 3 Beds \| 1.5 Baths \| 1215 Sq. Ft.	$1,196,043
1047 Reed Terrace, Sunnyvale, CA 8 Beds \| 6 Baths \| 4029 Sq. Ft.	$2,336,366
1085 Reed Avenue #B, Sunnyvale, CA 2 Beds \| 1 Baths \| 940 Sq. Ft.	$723,963

Address	Redfin Estimate
1091 Reed Avenue #C, Sunnyvale, CA 3 Beds \| 1.5 Baths \| 1215 Sq. Ft.	$931,457
1049 Reed Terrace, Sunnyvale, CA - Beds \| 5 Baths \| 4029 Sq. Ft.	$2,402,706
1087 Reed Avenue #D, Sunnyvale, CA 2 Beds \| 1 Baths \| 905 Sq. Ft.	$623,096
1089 Reed Avenue #B, Sunnyvale, CA 2 Beds \| 1 Baths \| 917 Sq. Ft.	$695,497
1091 Reed Avenue #D, Sunnyvale, CA 2 Beds \| 1 Baths \| 905 Sq. Ft.	$608,032
1081 Reed Avenue #B, Sunnyvale, CA 2 Beds \| 1.5 Baths \| 1081 Sq. Ft.	$716,719
1087 Reed Avenue #B, Sunnyvale, CA 2 Beds \| 1.5 Baths \| 1081 Sq. Ft.	$752,506

Address	Redfin Estimate
1089 Reed Avenue #D, Sunnyvale, CA 2 Beds \| 1 Baths \| 840 Sq. Ft.	$617,846
1057 Reed Terrace, Sunnyvale, CA - Beds \| 5 Baths \| 4029 Sq. Ft.	$2,218,755
1089 Reed Avenue #C, Sunnyvale, CA 2 Beds \| 1 Baths \| 917 Sq. Ft.	$663,603
1058 Reed Terrace, Sunnyvale, CA - Beds \| - Baths \| 4028 Sq. Ft.	$1,915,568
1087 Reed Avenue #A, Sunnyvale, CA 2 Beds \| 1 Baths \| 858 Sq. Ft.	$549,420
1081 Reed Avenue #A, Sunnyvale, CA 2 Beds \| 1 Baths \| 858 Sq. Ft.	$626,176
1042 Reed Terrace, Sunnyvale, CA - Beds \| - Baths \| 4028 Sq. Ft.	$2,160,324

Property information provided by MLSListings when last listed in 2018. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 94086, CA

Sale history for 1053 Reed Ter

Tax history for 1053 Reed Ter

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 94086

Home values near 1053 Reed Ter

More real estate resources