245 Bush ST, Mountain View, CA 94041

$7,000,000
15,964
SqFt

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Listed by Joel Hopman, 415-722-2200 from Newmark Cornish & Carey
(If provided) CoList: from

Sold listing courtesy of Joel Hopman from NEWCC

Sold Price
$7,000,000
List Price
$8,050,000
Closing Date
Apr 17, 2024
MLS#
ML81946812
Status
SOLD
Property Type
Commercial
Class
Five or More Units
Sqft. of Residence
15,964
City
Mountain View
Lot Size
30,486
Zip
94041
Sqft. of Residence
15,964
Listing Area
Downtown Mountain View
Acres
0.70
Neighborhood
Old Mountain View, Central Mountain View
Year Built
1958
Age
65

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.

Additional Information

Building Name
Monte Vista Garden Apartments
Cooling System
Ceiling Fan
Floor Covering
Carpet, Hardwood, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage Parking
Assigned Spaces
Carport
24
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
15,964
Lot Size
30,486
Neighborhood
Downtown Mountain View
Other Utilities
Individual Electric Meters, Individual Gas Meters
Pool Description
Pool - Fenced, Pool - In Ground
Roof
Bitumen, Flat / Low Pitch
Sewer
Sewer - Public
Unincorporated Yn
Yes
Water
Public
Zoning
R3-2.5*

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