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Key Details
Sold Price $7,000,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 15,964 sqft
Price per Sqft $438
MLS Listing ID ML81946812
Sold Date 04/17/24
Bedrooms 5
Full Baths 5
Year Built 1958
Lot Size 0.700 Acres
Property Description
Improved Price! The Monte Vista Garden Apartments is a generational opportunity to acquire a 24-unit community in the desirable downtown Mountain View submarket. The offering consists of (1) 2+1; (22) 1+1; and (1) Studio which are all generously sized and many offer pool views. Exterior improvements include a newer coat of paint, copper plumbing, and the roof is being replaced. Mountain View's vibrant tech scene and innovative companies have made it a sought-after destination for professionals looking to be at the forefront of entrepreneurship. The property also offers unparalleled access and connectivity to Silicon Valley being two blocks from the Mountain View Transit Center pairing VTA and Caltrain routes. Boasting a Walk Score of 95, tenants benefit from an impressive array of conveniences within walking distance including dining and retail, of Castro Street, Public Library, Farmers Market, and Pioneer Memorial and Eagle Parks. Exceptional renter demographics.
Location
State CA
County Santa Clara
Area Downtown Mountain View
Building/Complex Name Monte Vista Garden Apartments
Zoning R3-2.5*
Rooms
Kitchen Appliances - Vary by Unit, Cooktop - Gas, Countertop - Stone, Countertop - Tile, Garbage Disposal, Microwave
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Flooring Carpet, Hardwood, Vinyl / Linoleum
Laundry Coin Operated
Exterior
Parking Features Assigned Spaces
Pool Pool - Fenced, Pool - In Ground
Community Features Additional Storage, BBQ Area, Community Pool
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Bitumen,Flat / Low Pitch
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 158-35-012
Security Features None
Special Listing Condition Not Applicable
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Bought with Joel Hopman • Newmark Cornish & Carey