250 Mariposa AveMountain View, CA 94041

Property Details for 250 Mariposa Ave

Year built

1962

Property size (Sq ft)

4,610 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Mountain View

County

Santa Clara

State

California

Latitude

37.397

Longitude

-122.088

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