1220 Tasman Dr #496 · Sunnyvale, CA 94089

$488,000

3 bd · 2.0 ba · 1,800 sqft · Manufactured · 44 Days on market

Built 2014 Good condition $271/sqft · 52% above area

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.4/30.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• 1% rule +5.4/10.0
• Schools +5.3/10.0
• Livability +4.1/5.0
• Condition / age +4.0/5.0
• Appreciation +3.2/10.0
• Rent growth +3.2/5.0

Listing remarks MLS

Super clean, Freshly painted triple wide home has it all! Enter the door to this expansive open floor plan, Chefs dream kitchen with granite counter tops stainless steel appliances. lots of storage, Area's for gathering around the table and the center island. Next is a great sized living room with cathedral ceilings and ceiling fan for added comfort, Laminate floors throughout. The primary suite offers a large room, Walk-in closet, Bath includes 2 sinks soaking tub, oversized shower, granite counter, then you also have a separate room in the primary for a nursery, home office, work out room or the dad's getaway room! Whole home fan for your convince. Outside you will find a car charging system, long driveway, shed, and a raised garden area with this low maintenance yard. This clean 3-bedroom 2 bath will bring loads of enjoyment for you and your family.

Key facts

• Built 2014
• Listed 44 days

Property features AI

Finance

• Other: Board approval and parking restrictions apply; Pets allowed (cats and dogs) with number restrictions
• HOA & community: Community amenities include pool, clubhouse, gym, playground, recreation and organized activities, barbecue area, billiard room, conference facilities, exercise course, garden/greenbelt/trails, common utility room, and RV/boat storage

Exterior

• Parking: Carport with tandem parking (3-car capacity); Assigned space number 496; Space rent charged
• Utilities: Individual electric meters; Individual gas meters; Individual water meter; Public utilities; Public sewer; Community sewer/septic; Energy-saving features including ceiling insulation, double pane windows, Energy Star appliances, Energy Star HVAC, Energy Star lighting, and thermostat controller
• Home design: Single-story; Unit will remain (park home site); High ceiling/vaulted ceiling noted in property features
• Construction: Composition roof
• Exterior features: Composition roof; Community pool; Barbecue area; Billiard room; Club house; Common utility room; Conference facilities; Exercise course; Garden/greenbelt/trails; Gym/exercise facility; Organized activities; Playground; Recreation room; RV/boat storage

Interior

• Kitchen: Dishwasher; Exhaust fan; Freezer; Garbage disposal; Ice maker; Kitchen island; Microwave; Gas oven/range (self-cleaning); Pantry cabinet; Refrigerator
• Bedrooms: 3 bedrooms with walk-in closet
• Flooring: Carpet; Laminate; Vinyl/linoleum
• Bathrooms: 2 full bathrooms; Double sinks; Granite or solid surface counters; Stall shower; Updated baths
• Heating & cooling: Central forced air heating; Central forced air cooling; Ceiling fan(s)
• Interior features: High ceilings and vaulted ceiling; Walk-in closet; Wide halls and doors (3 ft.+); Laundry room; Office area; Storage
• Laundry & utility: Washer and dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $488k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $638 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $488k).
• Recommended offer: $473k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 1.2% in Sunnyvale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 82/100 on livability (#37 in CA, #1,258 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: cost of living F.
• Santa Clara Unified (urban): math 49% / reading 66% proficiency, ranked #75 of 517 in CA (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: George Mayne Elementary (300 students, 65% FRL) — zoned schools average 65% FRL vs 33% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.6%/yr); 69 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 3,838 units permitted in Santa Clara County in 2024 (1,886 in 5+ unit buildings).
• This rent runs 38% of the median local income ($158k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k of value loss. Plan a longer hold.
• Santa Clara County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($473k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $473,360 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 7.86%
• Cash-on-cash: 5.60%
• DSCR: 1.25
• GRM: 8.0

CMA / ARV

• ARV (median comp): $320,000
• List price: $488,000
• Delta: 52.50%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1085 Tasman Dr #225	0.48mi	3/2.0	1,790 (-1%)	1mo	$400,000	$223	76
1220 Tasman Dr #142	0.07mi	3/2.0	1,590 (-12%)	3mo	$355,000	$223	75
1225 Vienna Dr #937	0.49mi	3/2.0	1,795 (-0%)	2mo	$400,000	$223	75
1085 Tasman Dr #496	0.48mi	3/2.0	1,780 (-1%)	2mo	$405,000	$228	74
1220 Vienna Dr #707	0.35mi	3/2.0	1,716 (-5%)	2mo	$287,000	$167	74
1225 Vienna Dr #141	0.49mi	3/2.0	1,738 (-3%)	2mo	$380,000	$219	70
1085 Tasman Dr #620	0.48mi	3/2.0	1,725 (-4%)	1mo	$399,000	$231	70
1225 Vienna Dr #604	0.42mi	4/2.0 (+1)	1,740 (-3%)	1mo	$320,000	$184	70
1225 Vienna Dr #375	0.44mi	3/3.0	1,728 (-4%)	3mo	$389,500	$225	66
1225 Vienna Dr #336	0.56mi	3/3.0	1,755 (-2%)	0mo	$428,000	$244	66
1225 Vienna Dr #44	0.49mi	3/2.0	1,658 (-8%)	1mo	$349,000	$210	63
1225 Vienna Dr #114	0.42mi	3/2.0	1,600 (-11%)	2mo	$380,000	$238	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.63% rent growth · sell at horizon

5-year hold

• IRR: -8.0%
• Equity multiple: 0.71×
• Total profit: $-40,245
• Equity at exit: $72,762

10-year hold

• IRR: 1.0%
• Equity multiple: 1.07×
• Total profit: $9,925
• Equity at exit: $42,193

Cash invested: $136,640 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 94089

• Home prices YoY: -1.1%
• Rents YoY: 2.6%
• Active inventory: 69
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $5,077 high
• Mortgage (P&I): −$2,559
• Tax est. 1.5%: −$610 /mo · $7,320/yr
• Insurance: −$203
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,066
• Net cashflow: $638

Break-even live

Break-even rent $4,269

Max offer price $488,000

Occupancy floor 82%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $122,000
• Closing costs: $14,640
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1271 Lawrence Station Rd Sunnyvale, CA	1.0–2.0	1.0–2.5	1417	$5,197	$3.67	1d	7	0.41mi
621 Tasman Dr Sunnyvale, CA	1.0–2.0	1.0–2.0	959	$4,557	$4.75	1d	9	0.94mi
1257 Lakeside Dr Sunnyvale, CA	3.0	1.0–3.0	903	$5,075	$5.62	1d	1	0.96mi
568 Saco Ter Sunnyvale, CA	4.0	3.0	1720	$5,200	$3.02	1d	1	1.08mi
1171 La Rochelle Ter Unit G Sunnyvale, CA	3.0	2.5	2156	$5,200	$2.41	1d	1	1.13mi
550 E Weddell Dr Sunnyvale, CA	1.0–3.0	1.0–2.0	1255	$5,966	$4.75	1d	8	1.17mi
1030 Indian Wells Ave Sunnyvale, CA	1.0–2.0	1.0–2.0	1039	$6,915	$6.66	1d	1	1.23mi
2333 Calle del Mundo Santa Clara, CA	1.0–3.0	1.0–2.0	991	$6,214	$6.27	1d	15	1.45mi
4768 Cheeney St Santa Clara, CA	4.0	3.0	2223	$5,199	$2.34	43d	1	1.46mi

Listing history 16 events

1. 2026-06-18
   days on market $488,000 Active 44 DOM
2. 2026-06-17
   days on market $488,000 Active 43 DOM
3. 2026-06-16
   days on market $488,000 Active 42 DOM
4. 2026-06-15
   days on market $488,000 Active 41 DOM
5. 2026-06-13
   days on market $488,000 Active 39 DOM
6. 2026-06-13
   days on market $488,000 Active 38 DOM
7. 2026-06-09
   days on market $488,000 Active 35 DOM
8. 2026-06-08
   days on market $488,000 Active 34 DOM
9. 2026-06-07
   days on market $488,000 Active 33 DOM
10. 2026-06-05
    days on market $488,000 Active 30 DOM
11. 2026-06-03
    days on market $488,000 Active 29 DOM
12. 2026-06-02
    days on market $488,000 Active 28 DOM
13. 2026-06-01
    days on market $488,000 Active 27 DOM
14. 2026-05-31
    days on market $488,000 Active 26 DOM
15. 2026-05-05
    listed $488,000 Active 864-char remark

    Show marketing remark (864 chars)

    Super clean, Freshly painted triple wide home has it all! Enter the door to this expansive open floor plan, Chefs dream kitchen with granite counter tops stainless steel appliances. lots of storage, Area's for gathering around the table and the center island. Next is a great sized living room with cathedral ceilings and ceiling fan for added comfort, Laminate floors throughout. The primary suite offers a large room, Walk-in closet, Bath includes 2 sinks soaking tub, oversized shower, granite counter, then you also have a separate room in the primary for a nursery, home office, work out room or the dad's getaway room! Whole home fan for your convince. Outside you will find a car charging system, long driveway, shed, and a raised garden area with this low maintenance yard. This clean 3-bedroom 2 bath will bring loads of enjoyment for you and your family.

16. 2026-05-05
    listed $488,000 Active 864-char remark

    Show marketing remark (864 chars)

    Super clean, Freshly painted triple wide home has it all! Enter the door to this expansive open floor plan, Chefs dream kitchen with granite counter tops stainless steel appliances. lots of storage, Area's for gathering around the table and the center island. Next is a great sized living room with cathedral ceilings and ceiling fan for added comfort, Laminate floors throughout. The primary suite offers a large room, Walk-in closet, Bath includes 2 sinks soaking tub, oversized shower, granite counter, then you also have a separate room in the primary for a nursery, home office, work out room or the dad's getaway room! Whole home fan for your convince. Outside you will find a car charging system, long driveway, shed, and a raised garden area with this low maintenance yard. This clean 3-bedroom 2 bath will bring loads of enjoyment for you and your family.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥91°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 13 by 30 yrs out

Taxation est. · year 1

• Rental income: $60,919
• − Mortgage interest: −$27,336
• − Property taxes: −$7,320
• − Insurance: −$2,440
• − Repairs & maintenance: −$4,874
• − Management: −$4,874
• − Depreciation: −$14,196
• Taxable loss: −$120
• Est. tax savings @ 24.0%: +$29
• After-tax cash flow: $7,685/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 30 photos

Good 80/100 Cosmetic rehab

This triple-wide manufactured home is in excellent condition with a fresh paint job and modern appliances. It offers a spacious layout and ample storage, making it an ideal investment for both resale and rental markets.

Value-add opportunities

• Resale Paint exterior — Enhances curb appeal
• Both Replace ceiling fans with energy-efficient models — Saves on energy costs and improves comfort
• Both Install smart home devices — Improves convenience and energy efficiency

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior — Enhances curb appeal ↑
• Both Replace ceiling fans with energy-efficient models — Saves on energy costs and improves comfort ↑
• Both Install smart home devices — Improves convenience and energy efficiency ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Santa Clara Unified
• NCES district ID: 0635430
• Math proficiency: 49% ▼ -3.00%
• Reading proficiency: 66% ▲ 4.00%
• Median HH income: $97,320
• Composite: 53.46/100
• National rank: #1459
• State rank: #75 of 517 in CA

Livability — Sunnyvale

• Score: 82/100
• State rank: #37
• US rank: #1258

Category grades

Amenities A+ Commute A+ Cost of living F Crime C+ Employment A+ Housing B Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sunnyvale, CA
• County: Santa Clara County · 1,806,974 people
• City population: 154,236
• Metro: San Jose-Sunnyvale-Santa Clara, CA
• Population (ZIP): 22,699
• Household income: $158,304
• Rent vs Own: 47.1% rent · 52.9% own
• Severe rent burden: 558.0

Population outlook (Santa Clara County) Hauer SSP2

• Today (2025): 2,179,074 people
• By 2030: 2,301,297 · +5.6%
• By 2040: 2,528,195 · +16.0%
• By 2050: 2,712,135 · +24.5%
• By 2075: 2,998,701 · +37.6%
• By 2100: 2,931,429 · +34.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Asian 45% White 24% Hispanic / Latino 24% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Scotch-Irish 2% Lithuanian 1% Estonian 1%
• Foreign-born: 51% · Canada, China, Vietnam
• Languages at home: 40% English-only · Spanish 18% Chinese 12% Other Asian/Pacific 8%

Political lean MEDSL · Santa Clara

• 2024 margin: Solid D (+40.0) · D 68.1% · R 28.1% · Other 3.8%
• 2008→2024 swing: -0.9pp no change · 2008: 40.9pp · 2024: 40.0pp
• All cycles: 2024: D+40.0 2020: D+47.4 2016: D+52.5 2012: D+42.1 2008: D+40.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.70%
• Current HPI: 338.6935
• Rent YoY: ▲ 2.63%
• Metro: San Jose-Sunnyvale-Santa Clara, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-05-05 Listed $488,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-05-05 Listed $488,000 MLSListings