NOT LISTED FOR SALE

1590 Latham St Mountain View, CA 94041

Mountain View West Neighborhood
5 Beds
5 Baths
3,193 Sq Ft
7,841 Sq Ft Lot

Last Sold April 17, 2018

Last sale price $2,591,000 $811 Per Sq Ft

12 Days on Market

Highlights

  • 4 Car Garage
  • Forced Air Heating System
  • 4-minute walk to Castro Park
  • Benjamin Bubb Elementary School Rated A
  • Washer and Dryer

About This Home

As of April 2018

Excellent opportunity for owner/investor! Two buildings on one parcel. One detached Single Family Home with remodeled interior and double-pane windows, new kitchen with quartz counter top and maple cabinets, laminate wood floor and newer carpet in two spacious bedrooms upstairs, waterwise front yard and private backyard/patio, spacious attached single garage. Second building with three one-bedroom one-bath units, two of the units have been updated with gorgeous designer kitchen and bath, large bathroom and in-unit laundry. All three one-bedroom units have own detached garage! Too many features to list - tank-less water heater, new double pane windows in all units, laminate wood floors, designer kitchen and bath, new appliances, washer/dryer, additional storage space. Great investment property with very strong rents! Rent out all four units or live in one and have others pay your mortgage for you!

Last Agent to Sell the Property

Jennie Lee

Intero Real Estate Services License #02003461 Listed on: 03/28/2018

Intero Real Estate Services

Last Buyer's Agent

JIA LI

Gemstone Estate, Inc. License #01837634

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,193 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Total Actual Rent $125,085

Community Details

Overview

  • 3,193 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $960
  • Insurance Expense $1,973
  • Maintenance Expense $150
  • Trash Expense $2,705
  • Operating Expense $26,962
  • Gross Income $121,332

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3-25
  • Subclass: Fourplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3193
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Living Sq Ft: 3193
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Detached Garage

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7841.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.98
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1973
  • Expense Landscape: 960
  • Expense Maintenance: 150
  • Expenses Total: 26962
  • Expense Trash: 2705
  • Income Annual Gross: 121332.00
  • Income Annual Rental: 125085
  • Income Gross Scheduled: 125085
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Water
  • 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
04/17/2018 04/17/18 Sold $2,591,000 +3.7% $811 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $2,499,000 +38.8% $783 / Sq Ft
08/21/2015 08/21/15 Sold $1,800,000 -5.2% $564 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $1,898,000 -- $594 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennie Lee

    Seller's Agent in 2018

    Jennie Lee

    Intero Real Estate Services

    (408) 568-2889

    3 Total Sales

    Jennie Lee
    Section Image

  • J

    Buyer's Agent in 2018

    JIA LI

    Gemstone Estate, Inc.

    (408) 718-7897

    38 Total Sales

    JIA LI
    Section Image

  • S

    Seller's Agent in 2015

    Steve Zirelli

    Cassidy Turley Northern California, Inc.

    Section Image

  • B

    Seller Co-Listing Agent in 2015

    Brian Henry

    Cassidy Turley Northern California, Inc.

    Section Image

  • B

    Buyer's Agent in 2015

    Bryan Danforth

    Cassidy Turley Northern California, Inc.

    Section Image
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Map

Source: MLSListings

MLS Number: ML81698311

MLSListings

APN: 154-24-037

California Santa Clara County Mountain View 94041 Mountain View West

1590 Latham St, Mountain View, CA

This home is located at 1590 Latham St, Mountain View, CA 94041 since 28 March 2018. This property was built in 1958. 1590 Latham St is a home located in Santa Clara County with nearby schools including Benjamin Bubb Elementary School, Isaac Newton Graham Middle School, and Los Altos High School.

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