For Sale
$3,488,888

250 Mariposa Ave Mountain View, CA 94041

Prime Silicon Valley location, 5-unit complex.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 5-unit multifamily property ideally situated in Mountain View, California, at 250 Mariposa Ave, zip code 94041. The property boasts a total of approximately 4,610 square feet on an 11,339 square foot lot (APN 154-10-009), encompassing two buildings. One building is a single-family home (1,300 sq ft, 3 bedrooms + bonus room, 1.5 baths), and the other is a fourplex featuring four identical units (828 sq ft each, 2 bedrooms, 1 bath). Built in 1962 and zoned R3-2, the property is currently 100% leased to long-term tenants, providing immediate cash flow. Its prime location is less than half a mile from downtown Mountain View's Castro Street, offering tenants easy access to a wide array of amenities. This property presents a unique opportunity for investors seeking a value-add investment in the heart of Silicon Valley. The property's size and zoning allow for potential redevelopment or continued operation with existing tenants. The property also offers ample off-street parking and is situated near Mariposa Park and major tech employers, including Google. The asking price is $3,488,888.

Highlights

  • Prime Silicon Valley downtown location.
  • Proximity to major tech employers, including Google.
  • Rare value-add multifamily opportunity in Mountain View.
  • Redevelopment or existing operation potential.
  • Desirable street with upscale residential mix.
  • Live-in potential with rental income from remaining units.

Property Details for 250 Mariposa Ave

Property type
Apartment buildings
Square Feet
4,610 SF
Year Built
1962
Units
5

Location Insight

City
Mountain View
County
Santa Clara
State
California
Latitude
37.3969863
Longitude
-122.0884613

FAQs

What type of property is this?
Apartment building - Prime Silicon Valley location, 5-unit complex.
Where is the apartment building located?
The property is located at 250 Mariposa Ave Mountain View, CA.
What is the asking price?
The asking price for this property is $3,488,888.
What are key features of this property?
This property features: Prime Silicon Valley downtown location.; Proximity to major tech employers, including Google.; Rare value-add multifamily opportunity in Mountain View.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
250 Mariposa Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message