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5 Unit Apartment Building in Mountain View

$2,950,000

Description

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.

Address

  • City: MOUNTAIN VIEW
  • State/county: California
  • Country: United States

Detail

Updated on October 21, 2019 at 4:52 pm

  • Property ID: 9465
  • Price: $2,950,000
  • Property Size: 6000 sqft
  • Land Area: 10890 sqft
  • Year Built: 1962
  • Property Type: Single Family Home
  • Property Status: For Sale

Additional details

  • Stories: 2
  • Units: 5

WalkScore

walkscore59 / Somewhat Walkable more details here

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Contact info

Eugene Korsunsky
Eugene Korsunsky
(408) 645-5624(408) 391-1606
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