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Multifamily

190 Evandale Ave

190 Evandale Ave, Mountain View, CA 94043

Listing Price: $7,850,000

Cap Rate
4.78%
Number of Units
19
GRM
10.57
Occupancy
97.0%
Price/Unit
$413,158
Price/Gross SF
$406.95
Gross SF
19,290

Investment Overview

190 Evandale offers a rare opportunity to acquire a turn-key 19-unit apartment community, comprised entirely of 2-bedroom, 2-bath units with spacious layouts. Located in the highly desirable Mountain View submarket, this property provides tenants with convenient access to major tech employers including Google, LinkedIn, Microsoft, and Facebook/Meta, as well as public transit, shopping, dining, and local amenities, making it one of the most sought-after rental locations in the area.

The property is comprised of five buildings on a single 31,900 SF (0.73-acre) lot, including four fourplex structures and one triplex structure, totaling 19 units. Each building features carport parking and a shared laundry room for tenants.

This asset is ideal for investors seeking a stable, income-generating property with rental upside and strong long-term appreciation potential, combining immediate cash flow with future growth opportunities in one of Silicon Valley’s most dynamic markets.

Investment Highlights

  • 19 Units: All 2-bedroom, 2-bathroom units with spacious floorplans
  • Prime Mountain View Location: Near major tech employers including Google, LinkedIn, Microsoft, and Facebook/Meta, plus transit, shopping, and dining
  • Turn-Key Investment: Well-maintained, income-generating property
  • Rental Upside & Long-Term Appreciation: Positioned in a high-demand submarket
  • Five-Building Layout: Four fourplexes and one triplex on a single 31,900 SF lot

Exclusively Listed By

Multifamily

190 Evandale Ave

Listing Price: $7,850,000

Cap Rate
4.78%
Number of Units
19
GRM
10.57
Occupancy
97.0%
Price/Unit
$413,158
Price/Gross SF
$406.95
Gross SF
19,290

Investment Highlights

  • 19 Units: All 2-bedroom, 2-bathroom units with spacious floorplans
  • Prime Mountain View Location: Near major tech employers including Google, LinkedIn, Microsoft, and Facebook/Meta, plus transit, shopping, and dining
  • Turn-Key Investment: Well-maintained, income-generating property
  • Rental Upside & Long-Term Appreciation: Positioned in a high-demand submarket
  • Five-Building Layout: Four fourplexes and one triplex on a single 31,900 SF lot

Investment Overview

190 Evandale offers a rare opportunity to acquire a turn-key 19-unit apartment community, comprised entirely of 2-bedroom, 2-bath units with spacious layouts. Located in the highly desirable Mountain View submarket, this property provides tenants with convenient access to major tech employers including Google, LinkedIn, Microsoft, and Facebook/Meta, as well as public transit, shopping, dining, and local amenities, making it one of the most sought-after rental locations in the area. The property is comprised of five buildings on a single 31,900 SF (0.73-acre) lot, including four fourplex structures and one triplex structure, totaling 19 units. Each building features carport parking and a shared laundry room for tenants. This asset is ideal for investors seeking a stable, income-generating property with rental upside and strong long-term appreciation potential, combining immediate cash flow with future growth opportunities in one of Silicon Valley’s most dynamic markets.

Exclusively Listed By

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