Investment Overview

1120 Bonita Avenue is a rare opportunity to acquire a prime multifamily property in the highly desirable Cuesta Park neighborhood of Mountain View, CA. This meticulously maintained, single-story community features eight spacious two-bedroom, one-bathroom units, each offering essential amenities such as washer/dryer hookups, private garages, and sizable private backyards. With a total rentable square footage of 7,236 and situated on a sprawling 20,320-square-foot lot, this property offers both comfort and value in a coveted location. The average monthly rent per unit is $2,869, with a promising rental upside of 20 percent, making this an excellent investment for any discerning buyer. Situated in the heart of Silicon Valley, 1120 Bonita Avenue benefits from proximity to some of the world’s largest and most influential employers. Within just a short drive, you will find tech giants such as Google, Meta, and Apple, which are the backbone of the region's thriving economy. These companies offer thousands of high-paying jobs, ensuring strong and sustained demand for housing in this area. Additionally, Mountain View’s prestigious schools further enhance the appeal of this location, as the property is within the highly rated Mountain View Whisman School District, feeding into top-rated schools like Benjamin Bubb Elementary, Isaac Newton Graham Middle School, and Mountain View High School. Not only is 1120 Bonita Avenue ideally located near major employers, but it is also within walking distance of downtown Mountain View, which is a vibrant hub filled with an array of restaurants, theaters, and entertainment venues. The area also offers excellent public transportation options, including the nearby Caltrain station, providing easy access to all of Silicon Valley and beyond. Furthermore, with Stanford University just under seven miles away, this property is perfectly positioned for students, faculty, and staff. The surrounding neighborhood boasts one of the highest average single-family home prices in the Bay Area, with homes selling for an average of $2,725,615 in the last year (according to MLS data). This combination of low-density living, a prime location, and proximity to top employers and amenities makes 1120 Bonita Avenue an exceptional investment opportunity.