
Mountain View, California 94041
This Strategic Peninsula Quadruplex is a high-demand asset listed at $2,888,000, positioned near its $2,834,634 Fair Market Value. Boasting a Condition Rating of 3, the property features extensive permitted upgrades including a 400-amp electrical main and commercial-grade copper plumbing. With three units comprehensively remodeled and one offering immediate value-add potential, investors can drive NOI by renovating the final unit and reactivating laundry services. Located near Google and Amazon and zoned for Los Altos High School, this is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1838 Higdon Ave Subject | $2,888,000* List Price | 0 | 0 | 3,472 | $816 | - |
A Mariposa Avenue Sold | $2,150,000 | 0 | 0 | 2,640 | $814 | 0.4 mi |
B 172 Permanente Way Active | $2,199,999 List Price | 0 | 0 | 3,024 | $728 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property has undergone significant recent capital improvements, including a 400-amp electrical main, commercial-grade copper plumbing, and tankless water heaters. While originally built in 1962, three of the four units have been comprehensively remodeled with modern kitchen and bath finishes and new HVAC systems. The exterior and driveway appear well-maintained, though the property falls short of an 'excellent' rating because one unit remains un-remodeled.
Situated minutes from downtown Mountain View and global tech giants like Google and Amazon, this property is positioned in a high-demand rental market with excellent appreciation potential.
The property features significant permitted upgrades including a 400-amp electrical main, commercial-grade copper plumbing, and tankless water heaters, reducing immediate maintenance liabilities for a new owner.
With three units already comprehensively remodeled and all units currently rented, investors benefit from immediate cash flow plus the opportunity to increase NOI by renovating the final unit and reactivating on-site laundry.
While three units are modernized, one unit remains un-remodeled, which may lead to a disparity in rental rates and require future capital expenditure and vacancy to achieve full building parity.
Despite major system upgrades, the 1962 original construction may still present inherent age-related architectural or structural limitations compared to modern multi-family developments.
Prime Peninsula investment just minutes from the vibrant downtown Mountain View! This well-positioned 4-plex offers 3,472 sq ft of living space on an expansive lot. Each of the four units features 2 bedrooms, 1 bathroom, and dedicated parking with both covered and open spaces. All units are currently rented. The property has seen extensive permitted capital improvements to ensure long-term durability and efficiency. Upgrades include a 400-amp electrical main, commercial-grade copper plumbing, ABS sewer lines, tankless electric water heaters, and an updated driveway. Three of the units have been comprehensively remodeled with new HVAC systems, updated wiring, and modern kitchen and bath finishes. Investors can also capture additional revenue by reactivating the on-site coin-operated laundry. Strategically located near global tech giants like Google, LinkedIn, Microsoft, and Amazon, and offering effortless access to Highways 82, 85, 237, and 101, this is a cornerstone Peninsula asset with significant upside potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,472 | 2,640 | 67% |
| Lot Size | 11,100 | 5,980 | 67% |
| Price | $2.89M | $2.15M | 67% |
| Price per sq ft | $832 | $832 | 50% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 161 | 33% |
Mar 24, 2026
$2,888,000
Initial Listing
Sep 18, 2015
$2,100,000
Public Record