730 Central Avenue, Mountain View, California 94043, Mountain View, 94043 - 2 bed, 1 bath

ACTIVE$1,995,000
730 Central Avenue, Mountain View, California 94043
2Beds
1Bath
5,014Sqft
10,480Lot
Year Built
1956
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$398
HOA
-
Days on market
-
Sold On
-
MLS number
ML82018616
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $2.00M(32th), sqft - 5014(96th), beds - 2(7th), baths - 1(4th).
Incredible opportunity to build 4 detached homes on a prime, roughly 10,480sf, lot 1 block from downtown Mountain View and Caltrain. Conceptual plans provided. Amazing opportunity for builder to profit in one of Silicon Valleys most desirable locations. Surrounded by multi-family, single family, condominiums and high-end retail. Minutes to Google and other giant tech employers. Very rare opportunity in this highly sought after infill downtown Mountain View location.
Nearby schools
7/10
Edith Landels Elementary School
Public,•K-5•0.7mi
7/10
Theuerkauf Elementary School
Public,•K-5•0.8mi
7/10
Gabriela Mistral Elementary
Public,•K-5•1.0mi
6/10
Monta Loma Elementary School
Public,•K-5•1.4mi
6/10
Crittenden Middle School
Public,•6-8•1.2mi
8/10
Mountain View High School
Public,•9-12•2.7mi
Price History
Date
Event
Price
08/20/25
Listing
$1,995,000
Condition Rating
Tear down
The property was built in 1956, making it over 50 years old. The listing description explicitly states it's an 'Incredible opportunity to build 4 detached homes' and the property analysis identifies the 'Existing Structure as a Tear-Down,' indicating the value is in the land for redevelopment rather than the current residence. There are no images of the existing structure, only conceptual plans for new construction, reinforcing that the current home is not considered habitable or valuable in its present state.
Pros & Cons
Pros
Exceptional Development Opportunity: The property offers a rare chance to build four detached homes on a substantial 10,480 sqft lot, with conceptual plans already provided, maximizing its potential for profit in a high-demand area.
Premier Downtown Mountain View Location: Situated just one block from downtown Mountain View and Caltrain, providing unparalleled access to amenities, dining, and public transportation, making it highly attractive for future residents.
Proximity to Tech Hubs: Located minutes from Google and other major tech employers, ensuring a strong and consistent demand for housing from a high-income demographic.
Large & Versatile Lot: The generous 10,480 sqft lot size is ideal for multi-unit development, offering flexibility in design and maximizing the number of units that can be built.
Strong Market Demand: Positioned in one of Silicon Valley's most desirable and sought-after infill locations, guaranteeing robust interest from builders and future homeowners.
Cons
Existing Structure as a Tear-Down: The 1956-built, 2-bed, 1-bath existing residence is likely considered a tear-down for the proposed development, incurring demolition costs and not contributing significant value to the project.
Significant Capital Investment Required: The property represents a land acquisition for development, necessitating a substantial initial investment for construction, permits, and associated development costs beyond the purchase price.
Complex Permitting Process: While conceptual plans are provided, navigating the full permitting and regulatory approval process for a four-unit development can be time-consuming and complex, potentially leading to delays and unforeseen expenses.


