OFF MARKET

Off market mar 2022 for $2.5M

$2,135,467

Est. refi paymentEst. refi $15,379/mo

•

4,029

sq ft

1057 Reed Ter, Sunnyvale, CA 94086

About this home

* Please email Jimmy Castellanos at jcastellanos@marcusmillichap.com for due diligence materials. 1057 Reed Terrace is a charming and well-located community situated in the city of Sunnyvale, California. This carefully designed complex features a variety of floorplans including a three-bedroom, two-bedrooms, and one-bedroom units with private garages and storage for each unit. In addition, three of the four units have been upgraded totaling $150K of recent capital improvements. Furthermore, two of the units have in-unit washer/dryers and there is also a common area laundry facility on-site to service the other units.

Multi-familyProperty Type

1978Year Built

6,300 sq ftLot Size

$530Est. Price/Sq.Ft.

4 car garageParking

Listed by Jimmy Castellanos •DRE #02024152 • Marcus & Millichap

Contact: 408-483-5040

Bought with Sophie Han •DRE #02074968 • Coldwell Banker Realty

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81878772

Redfin Estimate

$2,135,467

$430K since sold in March 2022$10K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.7% lower than the average sale price ($2.84M) of 5 comparable homes.

SOLD SEP 21, 2026
$2,518,888
A
4 beds3 baths1,957 sq ft
2922 Cabrillo Ave, Santa Clara, CA 95051
SOLD SEP 2, 2026
$2,450,000
B
7 beds5.5 baths3,098 sq ft
332 Lastreto Ave, Sunnyvale, CA 94085
SOLD MAY 29, 2026
$1,740,000
C
9 beds5.5 baths3,728 sq ft
504 Hawthorn Ave, Sunnyvale, CA 94086
SOLD SEP 2, 2026
$3,650,000
D
5 beds2.5 baths2,376 sq ft
1092 Fuchsia Dr, Sunnyvale, CA 94086
SOLD JUN 10, 2026
$3,830,000
E
5 beds3.5 baths3,106 sq ft
718 Timberpine Ave, Sunnyvale, CA 94086

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Earn from this home

Sell

$152,355

Est. take-home

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Refinance

Est. cash available

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Market trends in 94086, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

104.3%

+0.8% MoM

Median sale price

$1.7M

$24K MoM

Avg. days on market

21d

6 days MoM

Recently sold homes

6 MoM

New listings for sale

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OPEN OCT 28, 12PM TO 1PM
$2,399,000
4 beds3 baths2,500 sq ft
317-319 Waverly St, Sunnyvale, CA 94086
OPEN SUN, 1PM TO 4PM
$379,000
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OPEN TODAY, 1PM TO 4PM
$1,638,000
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OPEN TODAY, 12PM TO 3PM
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3 beds2.5 baths2,120 sq ft
970 La Mesa Ter Unit E, Sunnyvale, CA 94086
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8 beds6 baths4,247 sq ft
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3D & VIDEO TOUR
$899,000
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See all

Provided by Redfin

Sale history for 1057 Reed Ter

Date

Event

Price

MLSListings #ML81878772

Mar 16, 2022

Sold

$2,565,000

$637/sq ft

Feb 27, 2022

Pending

—

Feb 17, 2022

Listed

$2,595,000

$644/sq ft

MLSListings #ML81762831

Sep 24, 2019

Sold

$2,150,000

$534/sq ft

Aug 9, 2019

Pending

—

Aug 1, 2019

Listed

$2,099,000

$521/sq ft

WELL CARED FOR UNITS WITH DOWNSTAIRS 3 BEDROOM 2 BATH OWNERS UNIT WHICH FEATURES A VAULTED CEILING, FIREPLACE, SMALL YARD AND 2 CAR GARAGE. (2) 2 BEDROOM / 1.5 BATHS UNITS, EACH WITH A ONE CAR GARAGE AND 1 ASSIGNED PARKING SPACE. (1) 1 BEDROOM / 1 BATH APARTMENT WITH 1 CAR GARAGE. FORCED AIR HEATING, ALL UNITS WITH WALL AIR CONDITIONING , LAUNDRY ROOM, CENTRALLY LOCATED NEAR MANY HIGH-TECH COMPANIES AND ACCESS TO EXPRESSWAYS, FREEWAYS AND CAL TRAIN. EXCELLENT OPPORTUNITY TO OWN ONE OF SUNNYVALE'S PREMIERE COMPLEXES.

SDMLS #301763941

Sep 24, 2019

Sold

$2,150,000

$534/sq ft

Aug 1, 2019

Listed

$2,099,000

$521/sq ft

Public Records

Aug 12, 1981

Sold

$201,000

$50/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$24,430 (−13.0%)

$1,750,000 + $450,000

$2,200,000

2024

$28,075 (−3.2%)

$1,700,000 + $400,000

$2,100,000

2023

$29,005 (+9.9%)

$1,900,000 + $500,000

$2,400,000

2022

$26,398 (+0.3%)

$1,938,000 + $678,300

$2,616,300

2021

$26,321 (+1.8%)

$1,855,020 + $360,698

$2,215,718

2020

$25,846 (+213.6%)

$1,818,648 + $353,626

$2,172,274

2019

$8,242 (+6.8%)

$1,800,000 + $350,000

$2,150,000

2018

$7,718 (+0.6%)

$222,263 + $444,063

$666,326

2017

$7,673 (+1.8%)

$213,633 + $426,820

$640,453

2016

$7,539 (+0.4%)

$213,633 + $426,820

$640,453

2015

$7,511 (+5.0%)

$209,445 + $418,451

$627,896

2014

$7,156 (+0.3%)

$202,258 + $404,093

$606,351

2012

$7,136 (+4.5%)

$201,344 + $402,267

$603,611

2011

$6,830 (+3.0%)

$197,397 + $394,380

$591,777

2010

$6,629 (−2.0%)

$193,527 + $386,648

$580,175

2009

$6,766 (+3.8%)

$192,081 + $383,759

$575,840

2008

$6,520

$188,763 + $377,129

$565,892

Tax history for 1057 Reed Ter

Year

Property tax

Land + Additions

Assessment*

2025

$24,430 (−13.0%)

$1,750,000 + $450,000

$2,200,000

2024

$28,075 (−3.2%)

$1,700,000 + $400,000

$2,100,000

2023

$29,005 (+9.9%)

$1,900,000 + $500,000

$2,400,000

2022

$26,398 (+0.3%)

$1,938,000 + $678,300

$2,616,300

2021

$26,321 (+1.8%)

$1,855,020 + $360,698

$2,215,718

2020

$25,846 (+213.6%)

$1,818,648 + $353,626

$2,172,274

2019

$8,242 (+6.8%)

$1,800,000 + $350,000

$2,150,000

2018

$7,718 (+0.6%)

$222,263 + $444,063

$666,326

2017

$7,673 (+1.8%)

$213,633 + $426,820

$640,453

2016

$7,539 (+0.4%)

$213,633 + $426,820

$640,453

2015

$7,511 (+5.0%)

$209,445 + $418,451

$627,896

2014

$7,156 (+0.3%)

$202,258 + $404,093

$606,351

2012

$7,136 (+4.5%)

$201,344 + $402,267

$603,611

2011

$6,830 (+3.0%)

$197,397 + $394,380

$591,777

2010

$6,629 (−2.0%)

$193,527 + $386,648

$580,175

2009

$6,766 (+3.8%)

$192,081 + $383,759

$575,840

2008

$6,520

$188,763 + $377,129

$565,892

*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

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

21354014

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 21, 2026.

Property details

Parking

Parking Information
Parking Description: Attached Garage, Uncovered Parking
Garage Spaces: 4
Parking Spaces: 4

Interior

Heating & Cooling Information
Heating: Wall Furnace

Multi-Unit Information
# of Stories: 2
# of Units in Building (Total): 4
Annual Rental Income: $128,124
Annual Gross Income: $124,280
Gross Rent Multiplier: 20.25
Gross Scheduled Income: $128,124
Other Expenses: $2,424
Total Expenses: $46,975
Vacancy Factor: 3

Unit Type 1 Information
# of Bedrooms: 3
# of Baths (Full): 2
Rent: $3,600

Unit Type 2 Information
# of Bedrooms: 1
# of Baths (Full): 1
Rent: $2,087

Unit Type 3 Information
# of Bedrooms: 2
# of Baths (Full): 1
# of Baths (1/2): 1
Rent: $2,490

Unit Type 4 Information
# of Bedrooms: 2
# of Baths (Full): 1
# of Baths (1/2): 1
Rent: $2,500

Exterior

Exterior Features
Roof: Composition

Building Information
# of Buildings: 1
Subclass: Fourplex
Concrete Perimeter

Property Features
Living Sq. Ft.: 4,029

Property Information
Property Primary ID: 628656
Tenant Expenses: Utilities (Electric), Utilities (Gas), Utilities (Water)

Lot Information
Lot Acres: 0.1446
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: R

Financial

Tax/Assessment Information
Annual Tax Amount: $31,162
City Transfer Tax: No

Utilities

Utility Information
Meters: Separate Electric, Separate Gas
Sewer Septic: Sewer Connected
Utilities: Individual Electric Meters, Individual Gas Meters
Utility Expenses: $10,189

Water Information
Water: Water On Site

Location

HOA Information
Has HOA
HOA Fee: $1,500

School Information
Elementary School District: Santa Clara Unified
High School District: Santa Clara Unified

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: 21354014

Home facts updated by county records on Aug 21, 2026

Around this home

Schools

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

Estimated sale price

$2.03M – $2.46M

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New listings for sale in 94086

OPEN TODAY, 1PM TO 4PM3D & VIDEO TOUR

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OPEN TODAY, 1:30PM TO 4PM3D WALKTHROUGH

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OPEN TODAY, 1:30PM TO 4:30PM

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204 North Frances St, Sunnyvale, CA 94086

OPEN OCT 28, 12PM TO 1PM

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317-319 Waverly St, Sunnyvale, CA 94086

OPEN SUN, 1PM TO 4PM

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OPEN TODAY, 1PM TO 4PM

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837 Dwight Ave, Sunnyvale, CA 94086

$1,880,000

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OPEN TODAY, 12PM TO 3PM3D & VIDEO TOUR

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970 La Mesa Ter Unit E, Sunnyvale, CA 94086

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1273 Cortez Dr, Sunnyvale, CA 94086

Home values near 1057 Reed Ter

Data from public records.

Address	Redfin Estimate
1089 Reed Avenue Unit A, Sunnyvale, CA 3 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$806,247
1049 Reed Terrace, Sunnyvale, CA 8 Beds \| 6 Baths \| 4029 Sq. Ft.	$2,473,537

Address	Redfin Estimate
1089 Reed Avenue Unit D, Sunnyvale, CA 2 Beds \| 1 Baths \| 840 Sq. Ft.	$652,311
1083 Reed Avenue Unit C, Sunnyvale, CA 2 Beds \| 1 Baths \| 917 Sq. Ft.	$642,836

Address	Redfin Estimate
1046 Reed Terrace, Sunnyvale, CA - Beds \| - Baths \| 4029 Sq. Ft.	$2,147,230
1087 Reed Avenue Unit D, Sunnyvale, CA 2 Beds \| 1 Baths \| 905 Sq. Ft.	$622,793

Property information provided by MLSListings when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 94086, CA

Sale history for 1057 Reed Ter

Tax history for 1057 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 1057 Reed Ter

More real estate resources