NOT LISTED FOR SALE

1198 Boranda Ave Mountain View, CA 94040

Cuesta Park Neighborhood
4 Beds
2 Baths
1,776 Sq Ft
6,151 Sq Ft Lot

Last Sold November 04, 2024

Last sale price $1,780,000 $1,002 Per Sq Ft

7 Days on Market

Highlights

  • Stone Countertops
  • 2 Car Attached Garage
  • Ceiling Fan
  • Benjamin Bubb Elementary School Rated A
  • Tile Flooring
  • Washer and Dryer

About This Home

As of November 2024

AMAZING INVESTMENT OPPORTUNITY - Owned by the same family for over 50 years. A Well-Maintained Duplex in desirable Cuesta Park neighborhood near top-rated schools, Cuesta Park and Downtown MV eateries, cafes, boutiques, Farmers Market and lively festivals and special events. Originally built in 1953, each unit has 2BDs, 1BA, an attached one-car garage with washer and dryer, eat-in kitchen with newer appliances, a living room with fireplace, and hardwood, carpeting and/or vinyl flooring. Units have separate PG&E meters. 1198 Boranda: Kitchen has a cooktop, fridge, oven and dishwasher and refreshed bathroom with quartz and subway tile. Leased. Current Rent: $3,295. 632 Hans: Kitchen includes a cooktop, oven, fridge, dishwasher and quartz counters; exclusive access to the interior courtyard. Leased. Current Rent: $3,395. Pro Forma is available. In an ideal central location in proximity to Caltrain, major employers, including Google, Microsoft, Meta, Apple and NASA, and easy access to thoroughfares for traveling throughout the Bay Area.

Last Agent to Sell the Property

Andrew Klink

Compass License #01718862 Listed on: 09/23/2024

Compass

Last Buyer's Agent

Hanlu Chen

Coldwell Banker Realty License #02217455

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 6,151 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Shake Roof
  • Composition Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $80,280

Community Details

Overview

  • 1,776 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $2,040
  • Insurance Expense $1,903
  • Maintenance Expense $5,081
  • Manager Expense $4,452
  • Utility Expense $2,245
  • Trash Expense $1,008
  • Operating Expense $30,753
  • Gross Income $79,477

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1776
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Stone, Dishwasher, Garbage Disposal, Oven - Electric, Refrigerator
  • Living Sq Ft: 1776
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Grid, Crawl Space, Foundation Pillars
  • Roof: Composition, Shake

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1412
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6152.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6152.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.42
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1903
  • Expense Landscape: 2040
  • Expense Maintenance: 5081
  • Expense Management: 4452
  • Expenses Total: 30753
  • Expenses Utility: 2245
  • Expense Trash: 1008
  • Income Annual Gross: 79477.00
  • Income Annual Rental: 80280
  • Income Gross Scheduled: 80280
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Exterminator, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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
11/04/2024 11/04/24 Sold $1,780,000 -1.1% $1,002 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $1,800,000 -- $1,014 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Klink

    Seller's Agent in 2024

    Andrew Klink

    Compass

    (650) 222-9989

    1 in this area

    75 Total Sales

    Andrew Klink
    Section Image

  • H

    Buyer's Agent in 2024

    Hanlu Chen

    Coldwell Banker Realty

    (650) 919-3880

    1 in this area

    24 Total Sales

    Hanlu Chen
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81981368

MLSListings

APN: 193-08-006

California Santa Clara County Mountain View 94040 Cuesta Park

1198 Boranda Ave, Mountain View, CA

This home is located at 1198 Boranda Ave, Mountain View, CA 94040 since 23 September 2024. This property was built in 1953. 1198 Boranda Ave is a home located in Santa Clara County with nearby schools including Benjamin Bubb Elementary School, Isaac Newton Graham Middle School, and Mountain View High School.

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