Offers Due by 5:00PM on Thursday, October 22nd. Wonderful value-add Sunnyvale fourplex w/ top ranked Cupertino schools. The property has a superb unit mix that includes one large 3-bedroom/2-bath townhouse style owner's unit w/ vaulted ceiling, fireplace, & large private yard, two 2-bedroom/1.5-bath townhouse units w/ large private backyards, & one studio unit. The current owner & their family have owned the property for over fifty years & rents are significantly below market providing the new owner w/ significant income and value upside (proforma CAP Rate: 5.49%). Located less than 1 mile from Apple headquarters in Cupertino. Additionally, it feeds into Louis E. Stocklmeir Elementary (2012 API: 974), Cupertino Middle (2012 API: 934), & Fremont High (2012 API: 767). The superb unit mix, significant income upside, excellent schools, & proximity to Silicon Valley employers make it a great opportunity for both the cash flow & appreciation minded investor. Offering memorandum available.
Multi-familyProperty Type
2022Year Built
7,140 sq ftLot Size
$961Est. Price/Sq.Ft.
5 spacesParking
Listed by Ismael Benhamida•DRE #01722847• Marcus & Millichap
Contact: 408-373-6195
Bought with Ismael Benhamida•DRE #01722847• Marcus & Millichap
Offers due by 5pm on Thursday, Oct 22nd. 1367 & 1371 S. Wolfe Rd. is a portfolio of 2 separate Sunnyvale 4plexes w/ top ranked Cupertino schools. Each property has one large 3-bed/2-bath townhouse style owner's unit w/ vaulted ceiling, fireplace, & large private yard, two 2-bed/1.5-bath townhouse units w/ large private backyards, & one studio unit. Owned by the same family for 50+ years & rents are significantly below market providing the new owner w/ tremendous income & value upside (proforma CAP Rate: 5.55%). Less than 1 mile from Apple headquarters. Additionally, they feed into Louis E. Stocklmeir Elementary (2012 API: 974), Cupertino Middle (2012 API: 934), & Fremont High (2012 API: 767). The superb unit mix, income upside, excellent schools, & proximity to large Silicon Valley employers make 1367 & 1371 South Wolfe Road a great opportunity for both the cash flow and appreciation minded investor. Offering memorandum available. Each property is also available separately for $2.1M.
Year
Property tax
Land + Additions
Assessment*
2025
$29,802 (+2.8%)
$1,766,527 + $831,332
$2,597,859
2024
$28,997 (−2.2%)
$1,731,890 + $815,032
$2,546,922
2023
$29,663 (+22.5%)
$1,697,932 + $799,051
$2,496,983
2022
$24,219 (+92.2%)
$1,664,640 + $858,783
$2,523,423
2021
$12,602 (+1.1%)
$1,632,000 + $406,684
$2,038,684
2020
$12,460 (+2.2%)
$768,662 + $262,022
$1,030,684
2019
$12,188 (+2.3%)
$760,781 + $259,336
$1,020,117
2018
$11,910 (+520.9%)
$745,864 + $254,251
$1,000,115
2017
$1,918 (+3.2%)
$33,814 + $88,764
$122,578
2016
$1,859 (+0.5%)
$33,814 + $88,764
$122,578
2015
$1,849 (+1.9%)
$33,151 + $87,024
$120,175
2014
$1,814 (+1.7%)
$32,015 + $84,038
$116,053
2012
$1,784 (+3.4%)
$31,871 + $83,659
$115,530
2011
$1,725 (+8.2%)
$31,247 + $82,019
$113,266
2010
$1,594
$30,635 + $80,411
$111,046
2009
$1,593 (+13.1%)
$30,407 + $79,811
$110,218
2008
$1,408
$29,883 + $78,433
$108,316
Tax history for 1371 S Wolfe Rd
Year
Property tax
Land + Additions
Assessment*
2025
$29,802 (+2.8%)
$1,766,527 + $831,332
$2,597,859
2024
$28,997 (−2.2%)
$1,731,890 + $815,032
$2,546,922
2023
$29,663 (+22.5%)
$1,697,932 + $799,051
$2,496,983
2022
$24,219 (+92.2%)
$1,664,640 + $858,783
$2,523,423
2021
$12,602 (+1.1%)
$1,632,000 + $406,684
$2,038,684
2020
$12,460 (+2.2%)
$768,662 + $262,022
$1,030,684
2019
$12,188 (+2.3%)
$760,781 + $259,336
$1,020,117
2018
$11,910 (+520.9%)
$745,864 + $254,251
$1,000,115
2017
$1,918 (+3.2%)
$33,814 + $88,764
$122,578
2016
$1,859 (+0.5%)
$33,814 + $88,764
$122,578
2015
$1,849 (+1.9%)
$33,151 + $87,024
$120,175
2014
$1,814 (+1.7%)
$32,015 + $84,038
$116,053
2012
$1,784 (+3.4%)
$31,871 + $83,659
$115,530
2011
$1,725 (+8.2%)
$31,247 + $82,019
$113,266
2010
$1,594
$30,635 + $80,411
$111,046
2009
$1,593 (+13.1%)
$30,407 + $79,811
$110,218
2008
$1,408
$29,883 + $78,433
$108,316
*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
8
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
7,140
Year renovated
2022
Sq. Ft.
3,595
Year built
2022
Style
Multi-Family (2-4 Unit)
County
Santa Clara County
APN
30910022
Parking Spaces
5
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Nov 11, 2025.
R3
Medium Density Residential Zoning District
The R-3 medium density residential zoning district is reserved for the construction, use and occupancy of not more than 24 dwelling units per acre.