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Listed by Dan McGue Coldwell Banker Commercial Realty
$20,000,000
Est. payment /mo
40 Beds
37,904 SqFt
New
2483-2491 Whitney DR Mountain View, CA 94043
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 37,904 sqft
Price per Sqft $527
MLS Listing ID 425045432
Bedrooms 40
HOA Y/N No
Year Built 1959
Lot Size 1.446 Acres
Acres 1.446
Property Sub-Type Multi Family
Property Description
The Mayfield Apartments located at 2483-2491 Whitney Dr. in Mountain View, CA is a superb opportunity for the savvy multifamily investor. The approximately 1.446 acre property is comprised of 4 parcels boasting 2 one story buildings and 2 two story buildings built in 1959/60. The buildings contain 40 apartments with a unit mix of 6 two bedroom units, 28 one bedroom units, and 6 studio units. Many of the units have private back patios or little front gardens, lovely vaulted wood ceilings, and luxury vinyl plank flooring. The units have been updated to varying extents, but most have upgraded bathrooms and kitchens. The units are separately metered and equipped with electric stoves, gas wall heaters, and individual fuse boxes. The property boasts a communal pool, 52 parking spaces, including 40 carport spaces and 12 uncovered spaces, ample storage, and 3 laundry rooms with Seller owned app operated machines (4 washers/4 dryers). Located directly adjacent to over 500,000 square feet of Google office and R&D space, the property benefits from proximity to major employers and strong rental demand. Overall, the property presents a rare opportunity to acquire a residential investment asset in a severely supply constrained market with incredible development potential.
Location
State CA
County Santa Clara
Area Thompson
Zoning R3-1
Interior
Fireplace No
Appliance Washer/Dryer
Laundry Common Area
Exterior
Exterior Feature Yard Space
Pool Outdoor Pool
Total Parking Spaces 52
Building
Lot Description Corner Lot, Landscape Front, Shape Regular
New Construction No
Others
Tax ID 14709033

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