Commercial property
Listing Agent: Jimmy Castellanos (DRE #02024152) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Jimmy Castellanos · Marcus & Millichap · MLS #ML81919135 · Source: CRMLS
Marcus & Millichap is excited to represent a rare and huge value-add opportunity in Downtown Mountain View, California. 775 Oak Street is a 16-Unit community in the Old Mountain View neighborhood of Mountain View. The subject property was constructed in 1961 and sits on a large 18,774 square foot lot (per county assessor) and offers a net rentable square footage of 9,600 square feet of living space (per county assessor). 775 Oak Street consists of 16-units, currently made up of a combination of two-bedroom and a majority one-bedroom floor plans. The property is an attractive investment for investors given the potential upside in rents and the phenomenal Downtown location.
Listing description from the May 2023 sale, as reported to CRMLS.