
Mountain View, California 94040
This Prime Investment Opportunity is listed at $424,500, positioned well below the $434,540 Fair Market Value by 2%. This valuation gap provides $10,040 in Instant Equity. Featuring a Condition Rating of 3, the unit offers a renovated bathroom and modern kitchen. Located in the heart of Silicon Valley near major tech employers and top-rated schools like Los Altos High, this property is an ideal Buy-and-Hold Investor asset or a perfect entry point for first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 255 S Rengstorff Avenue 56 Subject 1 bd · 1 ba · 551 sqft · $758 | $424,500* List Price | 1 | 1 | 551 | $758 | - |
A 255 S Rengstorff Avenue 58 Sold 1 bd · 1 ba · 551 sqft · $735 · 0.0 mi | $405,000 | 1 | 1 | 551 | $735 | 0.0 mi |
B 255 S Rengstorff Avenue 161 Sold 1 bd · 1 ba · 551 sqft · $762 · 0.1 mi | $420,000 | 1 | 1 | 551 | $762 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building dates to 1965, the unit is well-maintained and move-in ready. It features a renovated bathroom and a kitchen updated with modern stainless steel appliances and stone countertops, suggesting a renovation within the 5-15 year range.
Situated in the heart of Mountain View near Google, major tech employers, and Rengstorff Park, offering unparalleled convenience for commuters and outdoor enthusiasts.
Priced competitively at $424,500, this property represents a rare entry-level opportunity for first-time buyers or investors to own in a high-demand California market.
As a top-floor unit with an open floor plan and private balcony, the home benefits from enhanced natural light, privacy, and pleasant views of the community greenbelt.
The $684 monthly association fee is relatively high for a 551-square-foot unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
With only 551 square feet of living space, the unit's small footprint may be a constraint for those requiring a home office or more generous living areas.
Welcome to 255 S Rengstorff Avenue, #56 (door/unit #54), in the desirable Parkview West community in the heart of Silicon Valley. This top-floor 1-bedroom, 1-bathroom condo offers approximately 551 sq. ft. with an open floor plan and abundant natural light. The living room opens to a private balcony overlooking the greenbelt/common area. The kitchen features an efficient layout with an adjacent dining area, while the bedroom offers generous closet space. Updated bathroom, assigned parking, and storage space. HOA dues include water and garbage. Located next to Rengstorff Park with athletic fields, pickleball, tennis and volleyball courts, dog parks, playgrounds, BBQ areas, and picnic spaces. Close to Downtown Mountain View, Caltrain, The Village at San Antonio, Whole Foods, Costco, Google and major Silicon Valley employers, with easy access to El Camino Real and Highways 101, 237, and 85. Minutes to everything in the heart of Silicon Valley.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 551 | 1,130.526 |
| Lot Size | - | 1,054.111 |
| Price | $424.5K | $780.3K |
| Price per sq ft | $770 | $787 |
| Built year | 1965 | 1980 |
| HOA | $684.0 | $686 |
| Days on market | 45 | 51 |
Sep 9, 2026
$424,500
Initial Listing
Oct 20, 2015
$125,000
Public Record