1047 Rich Avenue, Mountain View, CA 94040
Commercial property
Sold January 2025
Listing Agent: Adam S. Levin (DRE #01462752) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap · MLS #ML81983009 · Source: CRMLS
How this sale compares
1047 Rich Avenue sold for $4,150,000 in January 2025, 10% under its $4,620,000 list price, after 94 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
1047 Rich Ave is a stunning 14-unit apartment community located in the thriving city of Mountain View, CA. Situated on a 19,402 square foot parcel of land, the subject property was originally constructed in 1958 and features a gross building area of approximately 7,096 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom and studio floor plans. The subject property also offers tenants convenient community amenities such as private covered carports, storage lockers and an on-site laundry facility. 1047 Rich Ave is located in the city of Mountain View in the South Bay's Santa Clara County. This well-positioned market rests directly below Palo Alto, one of the strongest residential markets in all of California. The city of Mountain View has been credited with many of the new technologies and markets originating in Silicon Valley. While leading the region in innovation and ideas, Mountain View harbors some of the nations top tech employers including Google, Microsoft, LinkedIn, Symantec, and Intuit. In addition to the countless tech employers, the subject property is also located within walking distance to Downtown Mountain View (1 mile) and the San Antonio Shopping Center (1.9 miles).
Listing description from the January 2025 sale, as reported to CRMLS.
Sale history