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Executive Summary
Presenting a rare Peninsula investment opportunity near Downtown Mountain View. This well-located 4-unit apartment complex offers approximately 3,472 sq. ft. of living space on an expansive 13,000+ sq. ft. lot. Each unit features 2 bedrooms, 1 bathroom, one covered parking space and one additional open parking space. Ideally positioned near Google, LinkedIn, Microsoft, Amazon and other major Silicon Valley employers, with convenient access to Highways 82, 85, 237 and 101, as well as Downtown Mountain View. A prime location with strong income and future upside potential.
Property Facts
| Price | $2,599,999 | Building Class | C |
| Price Per Unit | $650,000 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 3,472 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Low-Rise | Parking Ratio | 1.15/1,000 SF |
| Zoning | R3-2 | ||
| Price | $2,599,999 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,472 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R3-2 |
Amenities
Site Amenities
- Laundry Facilities
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,950 | 865 |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 154-02-019 | Improvements Assessment | $236,338 |
| Land Assessment | $2,378,907 | Total Assessment | $2,615,245 |
Property Taxes
Parcel Number
154-02-019
Land Assessment
$2,378,907
Improvements Assessment
$236,338
Total Assessment
$2,615,245
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Contact the Sale Advisor
1838 Higdon Ave


