888 N Rengstorff Avenue, Mountain View, California 94043, Mountain View, 94043 - 4 bed, 2 bath
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Mountain View, California 94043
Analysis of 888 N Rengstorff Avenue, Mountain View, California 94043 is currently available with a list price of $3,888,888. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Mountain View Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is 43 years old (built 1981) and remains in largely original condition. The kitchen features dated wood cabinetry and linoleum flooring, while the bedrooms show worn, original-style carpeting. Per the criteria for homes over 30 years old requiring a full rehab to meet modern standards, it is rated poor despite its functional 'livability'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17160, living area = 1930.
The expansive 17,160 sq. ft. lot is zoned R3-2 Multi-Family Residential, currently supporting up to a 10-unit development with potential for even higher density under new city updates.
Situated in a prime Mountain View neighborhood, the property is minutes away from major tech campuses including Google, Microsoft, and LinkedIn, ensuring high demand and long-term value appreciation.
With a list price of nearly $3.9 million, the high entry point combined with future construction costs requires significant capital, potentially limiting the pool of qualified buyers.
Maximizing the property's value requires navigating complex municipal zoning updates and independent verification of development potential, which introduces regulatory risk and project delays.
Rare opportunity in the heart of Mountain View: an expansive 17,160 sq. ft. (.39 acre) parcel, comprising 2 lots in one of Silicon Valley's most sought-after cities. This unique property offers an exceptional opportunity for homeowners, investors, and developers alike. The existing residence provides immediate livability or rental income while future plans are explored. Located within Mountain View's R3-2 Multi-Family Residential zoning district, which recently underwent massive updates to increase density and housing options, this parcel currently supports up to a 10 unit development, but proposed changes may allow for more. As a long-term investment, custom residential project, or a sizable multifamily structure, in-fill opportunities like this are increasingly rare. Minutes from Google, Microsoft, LinkedIn, Shoreline, Downtown, and freeways. This location continues to benefit from strong housing demand and long-term appreciation. Whether you're looking to renovate, occupy, hold as an investment, or explore future development opportunities, 888 N. Rengstorff Avenue represents a rare chance to acquire a large residential parcel in one of the Bay Area's most dynamic real estate markets. Buyer to independently verify all development potential with the City of Mountain View.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,930 | 1,652 |
| Lot Size | 17,160 | 9,060 |
| Price | $3.89M | $3.19M |
| Price per sq ft | $2.0K | $1.7K |
| Built year | 1981 | 1955 |
| HOA | $0 | $186 |
| Days on market | 26 | 31 |
Jun 26, 2026
$3,888,888
Initial Listing