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Multifamily

239 Easy St

239 Easy St, Mountain View, CA 94043

Listing Price: $5,580,000

Cap Rate
6.40%
Number of Units
14
GRM
10.05
Occupancy
93.0%
Price/Unit
$398,571
Price/Gross SF
$559.62
Gross SF
9,971

Investment Overview

BCG Multifamily is pleased to present 239 Easy Street, a 14-unit multifamily investment opportunity in Mountain View, California. The property features an attractive garden-style setting surrounded by professionally designed, drought-resistant landscaping, creating a private and institutional-quality living environment. The units feature dual-pane windows and private balconies, with approximately half of the units having received updates to kitchens and bathrooms. The remaining units retain more of their original finishes, providing an opportunity for future improvements as units turn. The property also offers a private on-site laundry facility, individual EV charging stations, and dedicated storage within each covered parking space. Parking is abundant for a property of this size, with nine reserved surface spaces and fourteen covered carports.

The property offers significant rental upside as units turn and rents are gradually adjusted toward prevailing market levels, subject to applicable local regulations. The well-balanced unit mix includes six two-bedroom units, two one-bedroom units, and six studios, positioning the property to capitalize on Mountain View’s deep renter pool. The property is well suited for young professionals and technology workers seeking convenient access to major Silicon Valley employers, transportation, and neighborhood amenities.

Mountain View’s technology-driven employment base and constrained housing supply continue to support strong long-term rental fundamentals. The property’s proximity to Downtown Mountain View, Castro Street, and Caltrain provides residents with convenient access to dining, shopping, entertainment, and regional transportation. OpenAI’s recent lease of the approximately 450,000-square-foot office campus at 350–380 Ellis Street, just over one mile from the property, further reinforces Mountain View’s position as a premier Silicon Valley employment hub and represents a meaningful new driver of nearby housing demand.

Investment Highlights

  • Prime Silicon Valley location within walking distance of Google HQ and OpenAI's newly leased campus
  • Turn-key property positioned to generate reliable income and capitalize on the region's strong rental growth, with minimal upfront capital requirements.
  • Long-term appreciation potential – tech sector growth and limited housing supply support continued property and rent growth
  • Fantastic connectivity with easy access to Hwy 85, Hwy 101, Hwy 237, and Castro Caltrain Station

Exclusively Listed By

Multifamily

239 Easy St

Listing Price: $5,580,000

Cap Rate
6.40%
Number of Units
14
GRM
10.05
Occupancy
93.0%
Price/Unit
$398,571
Price/Gross SF
$559.62
Gross SF
9,971

Investment Highlights

  • Prime Silicon Valley location within walking distance of Google HQ and OpenAI's newly leased campus
  • Turn-key property positioned to generate reliable income and capitalize on the region's strong rental growth, with minimal upfront capital requirements.
  • Long-term appreciation potential – tech sector growth and limited housing supply support continued property and rent growth
  • Fantastic connectivity with easy access to Hwy 85, Hwy 101, Hwy 237, and Castro Caltrain Station

Investment Overview

BCG Multifamily is pleased to present 239 Easy Street, a 14-unit multifamily investment opportunity in Mountain View, California. The property features an attractive garden-style setting surrounded by professionally designed, drought-resistant landscaping, creating a private and institutional-quality living environment. The units feature dual-pane windows and private balconies, with approximately half of the units having received updates to kitchens and bathrooms. The remaining units retain more of their original finishes, providing an opportunity for future improvements as units turn. The property also offers a private on-site laundry facility, individual EV charging stations, and dedicated storage within each covered parking space. Parking is abundant for a property of this size, with nine reserved surface spaces and fourteen covered carports. The property offers significant rental upside as units turn and rents are gradually adjusted toward prevailing market levels, subject to applicable local regulations. The well-balanced unit mix includes six two-bedroom units, two one-bedroom units, and six studios, positioning the property to capitalize on Mountain View’s deep renter pool. The property is well suited for young professionals and technology workers seeking convenient access to major Silicon Valley employers, transportation, and neighborhood amenities. Mountain View’s technology-driven employment base and constrained housing supply continue to support strong long-term rental fundamentals. The property’s proximity to Downtown Mountain View, Castro Street, and Caltrain provides residents with convenient access to dining, shopping, entertainment, and regional transportation. OpenAI’s recent lease of the approximately 450,000-square-foot office campus at 350–380 Ellis Street, just over one mile from the property, further reinforces Mountain View’s position as a premier Silicon Valley employment hub and represents a meaningful new driver of nearby housing demand.

Exclusively Listed By

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