NOT LISTED FOR SALE

1015 Williams Way Mountain View, CA 94040

Cuernavaca Neighborhood
8 Beds
4 Baths
3,914 Sq Ft
8,015 Sq Ft Lot

Last Sold June 09, 2015

Last sale price $2,270,000 $580 Per Sq Ft

17 Days on Market

Highlights

  • 0.18 Acre Lot
  • Enclosed Parking
  • Forced Air Heating System
  • Amy Imai Elementary School Rated A
  • 4 Car Detached Garage

About This Home

As of June 2015

Well located Mountain View 4plex near the Sunnyvale border in a premier residential neighborhood. (4) spacious 2bd/1bth units-Each unit includes D/W, Private Garage, Patio/Balcony & Forced Air Heat. Copper Plumbing throughout-Comp Shingle Roof replaced approx. 9 years ago. New pedestrian freeway overpass custom built for this neighborhood that provides pedestrian and bicycle access to schools. Significant upside in rents and an outstanding opportunity to own one of the best rental markets in the Bay Area.

Last Agent to Sell the Property

Patrick Conkin

Intero Real Estate Services License #00922897 Listed on: 04/29/2015

Intero Real Estate Services

Last Buyer's Agent

Lucy Woo, CRS, GRI

Giant Realty Inc. License #01218081

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,015 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Enclosed Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,914 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $97,764

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $1,850
  • Maintenance Expense $2,500
  • Other Expense $150
  • Utility Expense $4,800
  • Operating Expense $37,050
  • Gross Income $95,995

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3-1*
  • Subclass: Fourplex
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3914
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3914
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Enclosed

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1840
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.22
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1850
  • Expense Landscape: 1500
  • Expense Maintenance: 2500
  • Expenses Other: 150
  • Expenses Total: 37050
  • Expenses Utility: 4800
  • Income Annual Gross: 95995.00
  • Income Annual Rental: 97764
  • Income Gross Scheduled: 98964
  • Income Includes: Laundry
  • Income Other: 1200
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $2,270,000 +8.1% $580 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $2,100,000 -- $537 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patrick Conkin

    Intero Real Estate Services

    Section Image

  • L

    Buyer's Agent in 2015

    Lucy Woo, CRS, GRI

    Giant Realty Inc.

    (650) 814-8901

    13 Total Sales

    Lucy Woo, CRS, GRI
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81462596

MLSListings

APN: 198-07-014

California Santa Clara County Mountain View 94040 Cuernavaca

1015 Williams Way, Mountain View, CA

This home is located at 1015 Williams Way, Mountain View, CA 94040 since 29 April 2015. This property was built in 1964. 1015 Williams Way is a home located in Santa Clara County with nearby schools including Amy Imai Elementary School, Isaac Newton Graham Middle School, and Mountain View High School.

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