Active

1838 Higdon AVE

MOUNTAIN VIEW CA, 94041

$3,100,000


$892.86 per sqft

Active

3,472 sqft

Multi-family

Built in 1962

Listed by Disclaimer

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!

ML81948460

MLS ID

February 22, 2024

Updated

Map

1838 Higdon AVE
MOUNTAIN VIEW CA, 94041

Interior Features

Total Stories

2


Interior Features

Laminate


Appliances

Dishwasher, Refrigerator, Oven


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Electric, Forced Air

Exterior/Building Features

Lot Size

0.3 Acres


Lot Features

Level


Architectual Style

Other


Roof

Composition


Sewer

Public Sewer

School Information

School District

465


High School

Los Altos High


Elementary School

Mariano Castro Elementary

Other Property Details

Area Name

Downtown Mountain View


Garage

No


Parking Total

4


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

R3-2*


Buyer Agency Compensation

2%

Listed by Legacy Real Estate & Associates, Ken Kho,
Listing Contact: 5103965408 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Balakrishnan Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:36 PM UTC, 2/22/2024

 

 

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