NOT LISTED FOR SALE

1736 Marich Way Mountain View, CA 94040

Mountain View West Neighborhood
5 Beds
3 Baths
2,573 Sq Ft
6,290 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $2,005,000 $779 Per Sq Ft

63 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • 5-minute walk to Gemello Park
  • Benjamin Bubb Elementary School Rated A

About This Home

As of June 2020

POSSIBLE OWNER FINANCING. Do not disturb tenant! This TRI-PLEX in Mountain View is an ideal investment for both owner occupied and real estate investors. It is located just 1 mile from famous Castro St. and just 3 miles from the Google Campus. Lot size is 6,270 sq. ft. and building size of 2,573 sq. ft. The building consists of (2) 2/1 and (1) 1/1 units. Completely re-plumbed with copper and PEX in 2020. Private garages with washer/Dryer hook-ups for all units. The exterior of the property is recently painted. All units have original hardwood floors that have been resurfaced and in good condition. All units have original tile in bathrooms and kitchens. Top rated schools.

Last Agent to Sell the Property

Christian Losness

Losness Investment Real Estate Corp License #01506985 Listed on: 03/19/2020

Last Buyer's Agent

Hung Bui

PHP Group, Inc License #01925836

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 6,290 Sq Ft Lot

Parking

  • 3 Car Garage
  • Carport
  • No Garage
  • On-Street Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,573 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Range Hood

Flooring

  • Wood
  • Laminate

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $110,700

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,287
  • Other Expense $180
  • Utility Expense $3,600
  • Trash Expense $1,200
  • Operating Expense $32,945
  • Gross Income $107,379

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3-1*
  • Subclass: Triplex
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2573
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Cooktop - Gas, Hood Over Range
  • Living Sq Ft: 2573
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 1
  • Garage Parking Features: Carport, No Garage, On Street, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1444
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6292.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6292.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.52
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1287
  • Expense Landscape: 1200
  • Expenses Other: 180
  • Expenses Total: 32945
  • Expenses Utility: 3600
  • Expense Trash: 1200
  • Income Annual Gross: 107379.00
  • Income Annual Rental: 110700
  • Income Gross Scheduled: 110700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Loan - Mortgage, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
06/30/2020 06/30/20 Sold $2,005,000 0.0% $779 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/21/2020 05/21/20 Off Market $2,005,000 -- --
04/24/2020 04/24/20 Price Changed $2,050,000 -4.7% $797 / Sq Ft
03/19/2020 03/19/20 For Sale $2,150,000 -- $836 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christian Losness

    Losness Investment Real Estate Corp

    Section Image
  • Hung Bui

    Buyer's Agent in 2020

    Hung Bui

    PHP Group, Inc

    (408) 414-6688

    12 Total Sales

    Hung Bui
    Section Image
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Map

Source: MLSListings

MLS Number: ML81787389

MLSListings

APN: 170-06-010

California Santa Clara County Mountain View 94040 Mountain View West

1736 Marich Way, Mountain View, CA

This home is located at 1736 Marich Way, Mountain View, CA 94040 since 19 March 2020. This property was built in 1952. 1736 Marich Way 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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