$15,250,000
FOR SALEActive24832491 Whitney Drive
Mountain View CA 94043
23,827
SF
Commercial
Type
1959
Built
$640/SF
Cost/SF
Listing Agent
David Katz
DRE #: 01971921
Brokerage: Magnify Real Estate
Location Analysis
Location unavailable
About This Property
The Mayfield Apartments: 40-unit garden community on 1.45 acres in north Mountain View, bordered by Google's X campus and a 2-minute walk to San Antonio Caltrain. Assumable $8.6M loan at 3.50% fixed to 6/2028. Four 2-story buildings (1959/60) hold 6 studios, 28 one-bedrooms and 6 two-bedrooms around landscaped courtyards and a pool. Private fenced yards at 20 units, vaulted ceilings in 20, LVP floors in 29, dishwashers in 16. New 125-amp subpanels in all 40 units (2026), new wall furnaces in 24, exterior paint and carport roofs 2024. 3 laundry rooms, 5 storage rooms, 53 parking spaces, on-site manager. 95% occupied. Current NOI $833,368 = 5.5% cap / 11.8 GRM; in-place rents 14.6% below market for 6.6% pro forma cap. Four separate APNs. Minutes to Google, Intuit, Microsoft, NASA Ames, Stanford and US-101. Do not disturb residents; open house Wed 10/28, 10 AM-3 PM; other tours by appointment with listing agent.
Property Information
Property Overview
Commercial
Property Type
Active
Status
R3-1H
Zoning
1.4459 acres
Lot Size
23,827 SF
Square Footage
$640.03/SF
Price per SF
$182,144
Annual Tax
1,959
Year Built
13
Parking Total
0.55
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Location unavailable
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# ML82065880
Listed:
Nalren refreshed:
Last updated
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Listed by: Magnify Real Estate
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.