
Mountain View, California 94041
This Quadruplex Multi-Family Asset presents a High-Potential Investment Opportunity with a List Price of $2,599,999, positioned slightly above the $2,517,155 Fair Market Value. While requiring capital expenditure due to its Condition Rating of 5, the property offers a rare 11,100 square foot lot in a high-demand Silicon Valley location. Zoned for top-tier schools like Los Altos High School, this asset provides significant long-term rental upside. This is a strategic acquisition ideal for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a legacy Mountain View property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1838 Higdon Avenue Subject | $2,599,999* List Price | 0 | 0 | 3,472 | $725 | - |
A 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 extensive renovation needed.
Built in 1962, this property is 62 years old, placing it well beyond the 30-year threshold for 'Poor' condition. The listing description lacks any mention of renovations to the kitchens, bathrooms, or critical systems (HVAC/Electric), suggesting the building is in largely original, dated condition and requires significant rehab.
As a quadruplex in the high-demand Mountain View market, this property offers a rare opportunity for significant rental income and long-term portfolio growth in a premier Silicon Valley location.
The generous 11,100 square foot lot is substantially larger than typical multi-unit parcels in the area, providing excellent potential for future value-add improvements or outdoor tenant amenities.
The property is situated within the desirable Mountain View Whisman district and zoned for Los Altos High School, a major draw for high-quality, long-term tenants.
Built in 1962, the structure may require significant capital expenditure for modernizing essential systems and aesthetic upgrades to remain competitive with newer rental inventory.
The $2.6 million list price represents a high entry point that may result in compressed initial cap rates, requiring efficient management to realize a strong return on investment.
Presenting a rare Peninsula investment opportunity near Downtown Mountain View. This well-located 4-unit apartment complex offers approximately 3,472 sq. ft. of living space on an expansive 13,000+ sq. ft. lot. Each unit features 2 bedrooms, 1 bathroom, one covered parking space and one additional open parking space. Ideally positioned near Google, LinkedIn, Microsoft, Amazon and other major Silicon Valley employers, with convenient access to Highways 82, 85, 237 and 101, as well as Downtown Mountain View. A prime location with strong income and future 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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,472 | 2,194.5 |
| Lot Size | 11,100 | 9,605.5 |
| Price | $2.60M | $2.43M |
| Price per sq ft | $749 | $1.0K |
| Built year | 1962 | 1963 |
| HOA | $0 | $0 |
| Days on market | 40 | 44 |
Jul 31, 2026
$2,599,999
Initial Listing
Sep 18, 2015
$2,100,000
Public Record