$4,750,000
SOLD DEC 16, 2024

1054 Wright Ave Mountain View, CA 94043

Rex Manor Neighborhood
10 Beds
7 Baths
5,744 Sq Ft
0.43 Acres

Recently Sold

$827 Per Sq Ft

10% Below List Price

82 Days on Market

Highlights

  • 0.43 Acre Lot
  • Wood Flooring
  • 3-minute walk to Stevens Creek Shoreline Nature Study Area
  • Theuerkauf Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Spectacular property in the heart of Mountain View. You don't see something like this come along very often. Two single family homes and a duplex on one lot. Front house is 3 bedroom 2 bath 1352 sq ft with fireplace. Garage has been converted into master bedroom. Separate office. With a screened in sunroom in the back. Extra storage in the back. Several fruit trees. In between homes is a beautiful duplex. 2 story with each unit having the same floor plan 2 bedroom 1 bath 1120 sq ft each. Both are remodeled. There is a 3 car carport attached. The back house built in 2001 (23 yrs old) is a Mediterranean style home. 3 bedroom 3 bath 2 story with converted garage into spacious family room. It also has fireplace off the kitchen dining area. 2152 sq ft of living space. Sun porch. Large backyard with a built in barbecue. All have nice size yards. This is all on an 18,000 plus sq ft lot. Take a look at the virtual tour.

Last Agent to Sell the Property

Kelly Lawson

eXp Realty of California Inc License #01048614 Listed on: 09/13/2024

eXp Realty of California Inc

Last Buyer's Agent

Vicki Wong

eXp Realty of California License #02234809

eXp Realty of California

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 0.43 Acre Lot

Home Design

  • Tile Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,744 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Parking

  • 4 Parking Spaces
  • 3 Carport Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $213,396

Community Details

Overview

  • 5,744 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $6,000
  • Maintenance Expense $5,000
  • Operating Expense $21,000
  • Gross Income $202,726

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R3-15
  • Subclass: Multiple Dwellings / Structures
  • Age: 74
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5744
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 5744
  • Stories: 2
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Tile

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Covered Parking, Off-Street Parking, Parking Area
  • Carport Min: 3

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.4300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18731.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18731.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.41
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 6000
  • Expense Maintenance: 5000
  • Expenses Total: 21000
  • Income Annual Gross: 202726.00
  • Income Annual Rental: 213396
  • Income Gross Scheduled: 213396
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 5

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Range of Values:

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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
12/16/2024 12/16/24 Sold $4,750,000 0.0% $827 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
10/21/2024 10/21/24 Off Market $4,750,000 -- --
09/30/2024 09/30/24 Price Changed $4,995,888 -4.8% $870 / Sq Ft
09/13/2024 09/13/24 For Sale $5,249,888 -- $914 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kelly Lawson

    Seller's Agent in 2024

    Kelly Lawson

    eXp Realty of California Inc

    (650) 255-3983

    1 in this area

    12 Total Sales

    Kelly Lawson
    Section Image

  • V

    Buyer's Agent in 2024

    Vicki Wong

    eXp Realty of California

    (888) 832-7179

    1 in this area

    2 Total Sales

    Vicki Wong
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81976385

MLSListings

California Santa Clara County Mountain View 94043 Rex Manor

1054 Wright Ave, Mountain View, CA

This home is located at 1054 Wright Ave, Mountain View, CA 94043 and is currently priced at $4,750,000, approximately $826 per square foot. This property was built in 1950. 1054 Wright Ave is a home located in Santa Clara County with nearby schools including Theuerkauf Elementary School, Crittenden Middle School, and Los Altos High School.

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