NOT LISTED FOR SALE

1802 Higdon Ave Mountain View, CA 94041

Mountain View West Neighborhood
8 Beds
4 Baths
2,880 Sq Ft
0.33 Acres

Last Sold November 22, 2021

Last sale price $1,890,000 $656 Per Sq Ft

256 Days on Market

Highlights

  • 0.33 Acre Lot
  • 2 Car Detached Garage
  • Laundry Room
  • Isaac Newton Graham Middle School Rated A-
  • Tandem Parking
  • Coin Laundry

About This Home

As of November 2021

Wow! Huge Lot! Possible for 2 units ADU to this huge lot rarely found in Mountain View! MV city lifted its restrictions on ADUs on multifamily properties. Prime location. Centrally located in the highly desirable Mountain View, this 4-units apartment is just minutes away from Tech Giants: Google, LinkedIn, Amazon Lab126 etc. and downtown Castro Street, City Hall, public library, parks, and Caltrain station. All 4-units are 2 bed 1 bath, along with a huge detached garage and spacious carport structures. The garage structure is currently vacant and could generate extra income with many potentials. Huge lot of 14360 sf, adjacent to brand new development Villa Street Residential Apartment site, the undergoing project will bring 220+ high end apartments in 2022. All units feature dual pane windows. Unit #4 is newly renovated and vacant. On site coin-in laundry room. Dual newer tankless water heaters. This is an easy to manage apartment with tremendous long-term upsides potentials.

Last Agent to Sell the Property

Maggie Xu

Maxreal License #01472823 Listed on: 02/02/2021

Maxreal

Co-Listed By

Jenny Zhao

Maxreal License #01943795

Last Buyer's Agent

Maggie Xu

Maxreal License #01472823 Listed on: 02/02/2021

Maxreal

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • 4 Carport Spaces
  • Workshop in Garage
  • Tandem Parking
  • Uncovered Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $94,927

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Insurance Expense $1,213
  • Other Expense $107
  • Utility Expense $1,271
  • Trash Expense $5,806
  • Operating Expense $32,250
  • Gross Income $95,532

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3-2*
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Other
  • Living Sq Ft: 2880
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Assigned Spaces, Covered Parking, Detached Garage, Room For Oversized Vehicle, Tandem Parking, Uncovered Parking, Workshop In Garage
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3297
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14360.00

Rental Info

  • Gross Rent Multiplier: 20.92
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1213
  • Expenses Other: 107
  • Expenses Total: 32250
  • Expenses Utility: 1271
  • Expense Trash: 5806
  • Income Annual Gross: 95532.00
  • Income Annual Rental: 94927
  • Income Gross Scheduled: 95532
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 605
  • Meters: Master Electric, Master Gas, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas

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
11/22/2021 11/22/21 Sold $1,890,000 -5.5% $656 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $1,999,000 0.0% $694 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $1,999,000 0.0% $694 / Sq Ft
07/06/2021 07/06/21 For Sale $1,999,000 +5.8% $694 / Sq Ft
07/01/2021 07/01/21 Off Market $1,890,000 -- --
04/16/2021 04/16/21 For Sale $2,038,888 0.0% $708 / Sq Ft
04/16/2021 04/16/21 Price Changed $2,038,888 -2.9% $708 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $2,098,888 +5.7% $729 / Sq Ft
09/20/2017 09/20/17 Sold $1,985,410 -9.7% $689 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $2,198,000 -- $763 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maggie Xu

    Maxreal

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jenny Zhao

    Maxreal

    (408) 368-4800

    1 in this area

    18 Total Sales

    Section Image
  • Adam Levin

    Seller's Agent in 2017

    Adam Levin

    Marcus & Millichap

    (650) 391-1782

    3 in this area

    99 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Min Hui

    Abacus Financial Services Inc

    (510) 353-0855

    33 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81828240

MLSListings

APN: 154-02-010

California Santa Clara County Mountain View 94041 Mountain View West

1802 Higdon Ave, Mountain View, CA

This home is located at 1802 Higdon Ave, Mountain View, CA 94041 since 02 February 2021. This property was built in 1962. 1802 Higdon Ave is a home located in Santa Clara County with nearby schools including Mariano Castro Elementary School, Isaac Newton Graham Middle School, and Los Altos High School.

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