465 Chiquita Ave - Apartments FOR SALE


Mountain View, CA 94041- Shoreline West
$3,198,000 USD
408-444-7445
465 Chiquita Ave, Mountain View, CA for Sale
$3,198,000 USD
Apartments - FOR SALE
1/9
null | 2.67% Cap Rate

465 Chiquita Ave
Mountain View, CA 94041
Shoreline West


HIGHLIGHTS

  • Desirable Location - near many tech employers like Google, Apple, Microsoft, and Amazon.
  • Excellent Unit Mix - Unit 1 - two bedroom/two bath, unit 2 two bedroom/one bath, unit 3 - two bedroom/one bath, unit 4- three bedroom/2 bath.
  • Private Garages - eight total parking spots, four enclosed with private washers and dryers.
  • Prestigious School District Potential to convert the sections of the parking into an ADU for additional income.

OVERVIEW

Introducing an exceptional generational investment opportunity in the heart of Mountain View, CA. This 4,846 SF property boasts four exceptionally large units, offering a prime investment for an investor or owner-occupier. Its prime location in the desirable Mountain View area positions it as a lucrative and sought-after asset in the thriving real estate market. Investors will appreciate the potential for steady rental income and long-term growth in this highly desirable and competitive rental market. Additionally, the property presents an opportunity to add an ADU, increasing overall income in an already supply-restrained market. Recent Upgrades include a new roof replaced in 2021, Milgard double-pane windows, and recent new exterior paint. Don't miss the chance to capitalize on this remarkable multifamily investment in an indemand location.

FOR SALE DETAILS

PRICE

$3,198,000 USD

PRICE/SF

$660 USD /SF

# OF UNITS

4

PRICE/UNIT

$799,500

CAP RATE

2.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

465 Chiquita Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,258 SF

ZONING

-

APN/PARCEL ID

154-23-019

ASK ABOUT THIS PROPERTY

Amit UrbanBellStreetMore Info
408-444-7445

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Amit UrbanBellStreetMore Info
408-444-7445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.