1838 Higdon Avenue, Mountain View, CA 94041

Presenting a rare Peninsula investment opportunity: a 4-unit apartment complex located near downtown Mountain View. 3,472 sq ft of living space distributed over two stories on a 13k+ sq ft lot. Each unit has 2 bedrooms, 1 bath, 1 covered parking, and1 open parking. All units are rented at below-market rates, thus providing the investor with potential upside. The coin-operated laundry can be reactivated to provide another income source. Current owners have undertaken significant capital improvements: upgrade of electrical capacity to 400 amp (new panel), replacement of galvanized iron piping with heavy-duty commercial copper plumbing, replacement of cast iron sewer drain with ABS plastic, installation of tankless electrical water heater, improved insulation, extensive remodels of three units with new electric subpanels, new electrical wiring, new HVAC systems, kitchen and bath remodels. All work done by current owners are with permit. Close proximity to Google, Linkedin, Microsoft, … read more …