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250 Mariposa Ave
Mountain View, CA 94041
Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 4,610 SF
No. Stories 2
Year Built 1962
Parking Ratio 1.52/1,000 SF
Zoning R3-2 - Multiple Family

About 250 MARIPOSA AVE , MOUNTAIN VIEW, CA 94041

Intempus, as the exclusive advisor to the ownership, is pleased to offer 250 Mariposa Ave, Mountain View, California for sale. The property consists of two (2) buildings totaling ±6,000 square feet on one 11,339 square foot with one building being a Single-Family Home and one building being a Four Plex. The project is currently 100% leased to five tenants on a long-term basis. The property is located in one of the most sought after and desirable downtown locations in the Bay Area. The property is half of a mile from Downtown Mountain View’s Castro street offering tenants an amazing set of amenities. 250 Mariposa Ave presents investors with a rare opportunity to strategically located multi-family leased investment in the heart of the Silicon Valley. The property provides an Investor with a significant value add opportunity to re-develop the parcel, upgrade the units or operate as is to existing long-term tenants. Unique two building property in the heart of Silicon Valley. This property has unlimited and untapped potential. The front home is a charming three bedroom one and a half bath home with a nursery, office or bonus room. The home exudes old world charm and character and can be revitalized and made into a dream home for rent or for owner occupancy. The rear building consists of four apartments which are all spacious boasting around 1100 square feet of living space. All u nits have two bedrooms and one bath- room. The tenants at the property are all long term tenants and would love to stay at the property. Currently tenants are paying significantly below market rate.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - 1,100
3+2 1 - 1,300

Property Taxes

Property Taxes

Parcel Number
154-10-009
Land Assessment
$147,907
Improvements Assessment
$442,302
Total Assessment
$590,209
  • Listing ID: 17078435

  • Date on Market: 8/31/2019

  • Last Updated:

  • Address: 250 Mariposa Ave, Mountain View, CA 94041

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