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LPT Realty

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Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152

$ 3,999,000

Est. payment | -/mo

6 Beds

5 Baths

6,876 SqFt

Save

$ 3,999,000

Est. payment | -/mo

Save

6 Beds

5 Baths

6,876 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,876 sqft

Price per Sqft $581

MLS Listing ID ML82056797

Bedrooms 6

Full Baths 4

Half Baths 2

Year Built 1964

Lot Size 0.270 Acres

Property Sub-Type Five or More Units

Property Description

Large three-bedroom 2,500 SF single-family residence anchored by six apartment homes. Strong cap rate of 4.85%. 870 Williams Way, a seven-unit multifamily investment is a rare investment or owner-user opportunity in the heart of Mountain View, California. Built in 1964, the property sits on an 11,562 square foot parcel and encompasses approximately 6,876 rentable square feet. The asset features a diverse unit mix consisting of one expansive 3-bedroom/2.5-bath owner's residence spanning 2,500 square feet, two one-bedroom units with bonus rooms, and four townhome-style 2-bedroom/1.5-bath units of approximately 879 square feet each.

Location

State CA

County Santa Clara

Area Sylvan Dale

Zoning R3-1*

Rooms

Kitchen Appliances - Vary by Unit, Countertop - Granite

Interior

Heating Central Forced Air, Wall Furnace

Cooling Central AC, Window / Wall Unit

Flooring Carpet, Hardwood, Vinyl / Linoleum

Laundry Washer / Dryer

Exterior

Exterior Feature Back Yard, Balcony / Patio

Parking Features Attached Garage, Carport

Garage Spaces 2.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 198-07-016

Security Features None

Special Listing Condition Not Applicable

Schools and Properties Nearby

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support@lpt.com

1400 S International Parkway Suite 1020, Lake Mary, FL 32746, USA

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870 Williams WAY Mountain View, CA 94040