Multifamily

1824 California St

1824 California St, Mountain View, CA 94041

Listing Price: $2,980,000

Cap Rate
3.56%
Number of Units
8
GRM
17.62
Occupancy
99.00%
Price/Unit
$372,500
Price/Gross SF
$440.83
Gross SF
6,760

Investment Overview

Marcus & Millichap is pleased to present for sale the multifamily apartment building located at 1824 California Street in the thriving city of Mountain View, California. The subject property is in the heart of Silicon Valley, just footsteps away from the major corridors, including El Camino Real and Shoreline Blvd. 1824 California Street is close proximity to numbers of top technology and life science companies, including Google, Microsoft, Intuit, Medimmune Vaccines, Omnicell, and Siemens Medical Solutions. Also located nearby are many smaller to medium-sized tech companies. The property is centrally located within walking distance from many supermarkets, restaurants, fitness facilities, department stores at San Antonio Center, and Downtown. 1824 California Street offers convenient access Central Freeway 101, Highway 85, Highway 237 and also has excellent nearby public transportations with Mountain View and San Antonio Caltrain stations.

1824 California Street is a 6,760 square feet building featuring eight spacious two-bedroom apartment units. All apartment units provide exceptional natural light and a comfortable layout. The ground floor has a gorgeous outdoor patio courtyard while each of the apartment units on the second floor has a sizable balcony. 1824 California Street is a freestanding building settled on a 14,195 square feet of land with 17 car parking spaces and equipped onsite laundry facilities. APN is 154-12-005. Zoning is R3-2.

1824 California Street has individual electrical & gas meters. The subject property presents a great investment opportunity for investors seeking redevelopment opportunity and rental upside potential to maximize its value.

Investment Highlights

  • Fabulous Location in Mountain View
  • 14,195 Square Feet Lot
  • 17 Car Parking Spaces
  • 8 Spacious Two-Bedroom Units
  • Huge Redevelopment Potential and Tremendous Rental Upside
  • Walking Distance to San Antonio Center and Downtown

Exclusively Listed By

Listing Price: $2,980,000

Cap Rate
3.56%
Number of Units
8
GRM
17.62
Occupancy
99.00%
Price/Unit
$372,500
Price/Gross SF
$440.83
Gross SF
6,760

Investment Highlights

  • Fabulous Location in Mountain View
  • 14,195 Square Feet Lot
  • 17 Car Parking Spaces
  • 8 Spacious Two-Bedroom Units
  • Huge Redevelopment Potential and Tremendous Rental Upside
  • Walking Distance to San Antonio Center and Downtown

Investment Overview

Marcus & Millichap is pleased to present for sale the multifamily apartment building located at 1824 California Street in the thriving city of Mountain View, California. The subject property is in the heart of Silicon Valley, just footsteps away from the major corridors, including El Camino Real and Shoreline Blvd. 1824 California Street is close proximity to numbers of top technology and life science companies, including Google, Microsoft, Intuit, Medimmune Vaccines, Omnicell, and Siemens Medical Solutions. Also located nearby are many smaller to medium-sized tech companies. The property is centrally located within walking distance from many supermarkets, restaurants, fitness facilities, department stores at San Antonio Center, and Downtown. 1824 California Street offers convenient access Central Freeway 101, Highway 85, Highway 237 and also has excellent nearby public transportations with Mountain View and San Antonio Caltrain stations.

1824 California Street is a 6,760 square feet building featuring eight spacious two-bedroom apartment units. All apartment units provide exceptional natural light and a comfortable layout. The ground floor has a gorgeous outdoor patio courtyard while each of the apartment units on the second floor has a sizable balcony. 1824 California Street is a freestanding building settled on a 14,195 square feet of land with 17 car parking spaces and equipped onsite laundry facilities. APN is 154-12-005. Zoning is R3-2.

1824 California Street has individual electrical & gas meters. The subject property presents a great investment opportunity for investors seeking redevelopment opportunity and rental upside potential to maximize its value.

Exclusively Listed By

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