1920 Latham ST, Mountain View, CA 94040
- $8,800,000
- 22,222
- SqFt
Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass
- List Price
- $8,800,000
- MLS#
- ML82060814
- Status
- ACTIVE
- Property Type
- Commercial
- Class
- Five or More Units
- Sqft. of Residence
- 22,222
- City
- Mountain View
- Lot Size
- 27,768
- Zip
- 94040
- Sqft. of Residence
- 22,222
- Listing Area
- San Antonio
- Neighborhood
- San Antonio
- Year Built
- 1961
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.
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Additional Information
- Cooling System
- Ceiling Fan, Other
- Floor Covering
- Carpet, Laminate
- Foundation
- Concrete Block, Concrete Perimeter
- Garage Parking
- Carport
- Carport
- 33
- Heating System
- Forced Air, Wall Furnace
- Laundry Facilities
- None
- Living Area
- 22,222
- Lot Size
- 27,768
- Neighborhood
- San Antonio
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Pool Description
- Community Facility
- Roof
- Flat / Low Pitch, Shingle
- Sewer
- Sewer - Private
- Unincorporated Yn
- Yes
- Water
- Private / Mutual
- Zoning
- R3-1*
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