430 Franklin Street, Mountain View, California 94041, Mountain View, 94041 - 4 bed, 3 bath
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Mountain View, California 94041
This property presents a High-Potential Investment Opportunity with a List Price of $2,299,000—positioned well below the $2,399,000 Fair Market Value by 4%. This valuation gap offers $100,000 in Instant Equity. Featuring R1 Zoning with a 1,300 sqft ADU and three postal addresses, the property offers significant redevelopment flexibility. With a Condition Rating of 5, the structures require modernization, making this an ideal Value-Add Asset for Buy-and-Hold Investors or Developers seeking a prime downtown Mountain View location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 430 Franklin Street Subject | $2,299,000* List Price | 4 | 3 | 1,751 | $1,370 | - |
A 560 Yosemite Avenue Active | $2,298,000 List Price | 3 | 1 | 1,409 | $1,631 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this property shows significant age with very dated interiors, including a pink bathroom and older flooring. The listing description emphasizes the 'authority to tear down and rebuild at-will,' indicating the structures are near the end of their functional life and require a total rehab or replacement.
Situated just steps from Castro Street in Old Town Mountain View, this property offers unparalleled access to premier dining, shopping, and the heart of Silicon Valley's tech hub.
With a massive 1,300 sqft detached ADU and three distinct postal addresses, the property functions as a triplex, allowing for multiple tenancies and significant rental upside.
The property offers the unique advantage of R1 zoning with the authority to tear down and rebuild at-will, providing a blank canvas for a custom luxury estate or high-end redevelopment.
Built in 1940, the main residence likely requires significant modernization or structural updates to meet the expectations of contemporary buyers in this price point.
Having undergone two price reductions and remaining on the market for 35 days, the property is currently facing price discovery challenges relative to its initial $2.399M valuation.
Location, location, location! This 4-bedroom, 3-bath home offers 1,751 square feet of living space on a lot of at least 4,500 square feet. It also has a detached 1,300 square foot ADU. The property includes a two-car garage and an in-ground spa. Situated only a few feet from downtown Castro street in old town Mountain View, this home is located in one of the most desirable areas of Silicon Valley. Currently hosts 3 distinct postal addresses (434, 432, and 430 Franklin St)! Its zoned R1 but currently able to host 3 separate tenancies, meaning the owner gets all the upside of a true triplex with NONE of the downside and with FULL AUTHORITY to tear down and rebuild at-will. This might be the only property in Mountain View with such potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,751 | 1,756.5 | 50% |
| Lot Size | 4,500 | 5,150 | 50% |
| Price | $2.30M | $2.50M | 25% |
| Price per sq ft | $1.3K | $1.4K | 38% |
| Built year | 1940 | 1995 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 93 | 25% |
Jun 5, 2026
$2,299,000
$2,345,000
-2% Price Drop
Initial Listing
May 28, 2026
$2,345,000
$2,399,000
-2% Price Drop
Initial Listing
May 1, 2026
$2,399,000
Initial Listing