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1356 W Dana St 3 Unit Apartment Building $2,050,000 ($683,333/Unit) Mountain View, CA 94041
INVESTMENT HIGHLIGHTS
- Value Add Upside
- Prime Location
- Redevelopment Potential
EXECUTIVE SUMMARY
CBRE, as the exclusive listing agent, is pleased to offer for sale 1356 W Dana St (the “Property”) comprised of 3 units in Mountain View, California. The Property is located in the heart of Silicon Valley with convenient access to transit and high-paying technology employers resulting in some of the highest rents in the whole SF Bay Area.
The Property offers an investor the rare opportunity to purchase a fully vacant triplex. The investment appeal of the Property is driven by the Property’s ground zero Silicon Valley location, strong employment fundamentals and the significant affordability gap between renting and owning. The offering gives an investor an opportunity for value-add of the existing units or redevelopment into a new luxury single family home.
The Property offers an investor the rare opportunity to purchase a fully vacant triplex. The investment appeal of the Property is driven by the Property’s ground zero Silicon Valley location, strong employment fundamentals and the significant affordability gap between renting and owning. The offering gives an investor an opportunity for value-add of the existing units or redevelopment into a new luxury single family home.
PROPERTY FACTS
| Price | $2,050,000 | Building Class | C |
| Price Per Unit | $683,333 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 1,810 SF |
| No. Units | 3 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1922 |
| Zoning | R1 - Residential | ||
| Price | $2,050,000 |
| Price Per Unit | $683,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 1,810 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1922 |
| Zoning | R1 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 500 |
| 2+1 | 1 | - | 810 |
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 154-09-032 | Improvements Assessment | $101,543 |
| Land Assessment | $142,161 | Total Assessment | $243,704 |
PROPERTY TAXES
Parcel Number
154-09-032
Land Assessment
$142,161
Improvements Assessment
$101,543
Total Assessment
$243,704
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1356 W Dana St
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