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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Dan McGue Coldwell Banker Commercial Realty

$ 15,750,000

Est. payment | -/mo

40 Beds

24,586 SqFt

Save

$ 15,750,000

Est. payment | -/mo

Save

40 Beds

24,586 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,586 sqft

Price per Sqft $640

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, 51 parking spaces, including 40 carport spaces and 11 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

Interior Features Vaulted Ceiling(s)

Fireplace No

Appliance Washer/Dryer

Laundry Common Area

Exterior

Exterior Feature Yard Space

Total Parking Spaces 51

Building

Lot Description Corner Lot, Landscape Front, Shape Regular

New Construction No

Others

Tax ID 14709033

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

2483-2491 Whitney DR Mountain View, CA 94043