1077 Washington Street, Mountain View, California 94043, Mountain View, 94043 - bed, bath
1077 Washington Street
Mountain View, California 94043
Property Price
SUMMARY
Analysis of 1077 Washington Street, Mountain View, California 94043 is currently available with a list price of $800,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Mountain View Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The MLS description explicitly states this is a 'Rare unimproved R-1 lot' and suggests purchasing it to 'build two new homes.' The square footage is listed as 1 sqft, and the images show only land with no existing structure. Therefore, there is no habitable property to assess for condition, kitchen, or bathroom. The property's value is solely based on the land and its potential for redevelopment, fitting the 'tear-down' criteria as any previous structure is either non-existent or considered beyond repair for new construction.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in highly desirable Mountain View, CA, offering access to top tech companies, amenities, and excellent schools, ensuring strong long-term value.
- Significant Development Potential
A rare unimproved R-1 zoned lot, providing a blank canvas for a custom-built single-family residence in a high-demand market.
- Adjacent Property Synergy
The adjacent property (1087 Washington) is also for sale, presenting a unique opportunity to acquire both for a larger, multi-unit development project (subject to city approval).
CONSRISKS & DEFICIENCIES
- Unimproved Lot & Construction Burden
As an unimproved lot, the property requires significant capital investment, time, and effort for full construction, including all infrastructure and building costs.
- Permitting & City Approval Uncertainty
The buyer must undertake extensive due diligence with the City of Mountain View to confirm development possibilities and navigate potentially complex permitting processes.
- Adverse Alleyway Use & Noise Proximity
The mention of an 'adverse' use of a city-owned alleyway suggests potential legal or access complications, compounded by noise concerns from the adjacent Central Expressway.
About 1077 Washington Street
Rare unimproved R-1 lot in Mountain View. Check with the City for possibilities. Adjacent property at 1087 Washington is also for sale, see class 1 residential. Maybe purchase both and build two new homes. We have surveyed the two corners between the two properties. You will be able to see the rear marker in the backyard. In the back of both properties adjacent to Central Expressway, is an old alleyway, approximately 20' wide. This alley is partially fenced with a gate off of Gemini, it actually belongs to the City of Mt. View. The use said alley by the owner is adverse.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1900
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mountain View Unified Schools
Theuerkauf Elementary School
Grades K-5 • 0.5 mi
Gabriela Mistral Elementary
Grades K-5 • 0.7 mi
Crittenden Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 6% |
| Baths | - | 2.0 | 6% |
| Square foot | 1 | 1,568 | 6% |
| Lot Size | 5,663 | 5,550 | 67% |
| Price | $800.0K | $2.21M | 6% |
| Price per sq ft | $800.0K | $1.4K | 94% |
| Built year | 1900 | 1958 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 521 | 153 | 0% |
Pricing History
Listed for Sale
Oct 2, 2024
$800,000
Initial Listing