1920 Latham Street, Mountain View, CA 94040
1920 Latham Street, Mountain View, CA 94040
1920 Latham Street, Mountain View, CA 94040
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$8,800,000
Est. payment /mo
22,222 SqFt
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Open House

Mon Nov 09, 12:00pm - 1:00pm

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 22,222 sqft

Price per Sqft $396

MLS Listing ID ML82060814

HOA Y/N No

Year Built 1961

Lot Size 0.637 Acres

Property Sub-Type Other

Property Description

Twenty-three units with rent upside from day one. A rare 23 unit opportunity in the heart of Silicon Valley, minutes from Google, Meta, LinkedIn, Intuit, Stanford University, and Caltrain, with easy access to US 101, CA 85, and CA 237. Built in 1961 on a 0.64 acre lot, this two story, garden style building offers roughly 22,222 square feet, carport parking, and an on site swimming pool. The 23 units average 966 square feet, larger than typical new construction studios and one bedrooms, with a mix of one bedroom, two bedroom, and one townhome style layout. The property is currently fully occupied, with two units vacating at the end of September. Water is master metered and paid by ownership, while gas and electric are individually metered and paid by residents. Rents carry great upside already in motion, with two units scheduled to turn over soon at anticipated rents of $3,400 to $3,700 dollars per month. Close to parks, shopping, dining, and top rated schools, this is a rare, well located asset with a clear path to capturing rent upside without a large renovation budget.

Location

State CA

County Santa Clara

Zoning R3-1

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Other

Flooring Laminate

Fireplace No

Exterior

Handicap Access Other

Building

Sewer Sewer System - Private

New Construction No

Others

Tax ID 15421016

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Listed by Ray Rodriguez • Compass

NEARBY SCHOOL & BUSINESS

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Realtors DRE01254724 / 01254725

Realtors DRE01254724 / 01254725

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