1838 Higdon Avenue, Mountain View, CA 94041
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1838 Higdon Avenue,Mountain View, CA 94041
$3,100,000
- 8 Beds
- - Baths
- 3,472 sq. ft.
- Multi-family
- Active
Listed by: ken kho
Office: legacy real estate & associates
MLS#:ML81948460
Source:CA_BRIDGEMLS
Price summary
- Price:$3,100,000
- Price per sq. ft.:$892.86
About this home
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, Amazon, and other tech companies. Quick access to 82/85/237/101 and downtown Mountain View. This is prime location with significant potential! If you are doing a 1031... yes, we welcome that!
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Home facts
- Year built:1962
- Listing ID #:ML81948460
- Added:756 day(s) ago
- Updated:February 22, 2024 at 04:39 PM
Rooms and interior
- Bedrooms:8
- Living area:3,472 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air, Wall Furnace
Structure and exterior
- Year built:1962
- Building area:3,472 sq. ft.
- Lot area:0.3 Acres
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$892.86
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