$1,985,410
SOLD SEP 20, 2017

1802 Higdon Ave Mountain View, CA 94041

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

Recently Sold

$689 Per Sq Ft

10% Below List Price

142 Days on Market

Highlights

  • 0.33 Acre Lot
  • Isaac Newton Graham Middle School Rated A-
  • Electric Gate

About This Home

As of November 2021

Marcus & Millichap has been selected to exclusively market for sale 1802 Higdon Avenue, a beautiful four-plex located in the highly-desirable city of Mountain View, California. Constructed in 1962, the subject property consists of 4 spacious 2-Bed/1-Bath units situated on a huge, 14,360 square foot(0.33 acre) parcel with a gross-livable area of 2,880 square feet.The property includes a large driveway with four covered carports and an additional structure in the rear of the lot, ideal for a workshop and extra parking or additional storage. Mountain View, located in the heart of Santa Clara County, is central to some of the world’s largest high-tech corporations, as well as thousands of tech startups, which account for nearly one-third of total venture capital investment in the United States. Many of the nation’s top tech employers are located within close proximity including Google, Facebook, Apple, LinkedIn, Yahoo!, HP as well as many others.

Last Agent to Sell the Property

Adam Levin

Marcus & Millichap License #01462752 Listed on: 03/17/2017

Last Buyer's Agent

Min Hui

Abacus Financial Services Inc License #01353016

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 0.33 Acre Lot

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Workshop in Garage
  • Electric Gate

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

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

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $141,120

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $960
  • Insurance Expense $850
  • Maintenance Expense $2,000
  • Utility Expense $4,464
  • Trash Expense $2,112
  • Operating Expense $35,871
  • Gross Income $147,706

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3-2*
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 2880
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Common Parking Area, Covered Parking, Electric Gate, Workshop In Garage
  • Carport Min: 4

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.3300
  • 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

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.88
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 850
  • Expense Landscape: 960
  • Expense Maintenance: 2000
  • Expenses Total: 35871
  • Expenses Utility: 4464
  • Expense Trash: 2112
  • Income Annual Gross: 147706.00
  • Income Annual Rental: 141120
  • Income Gross Scheduled: 147706
  • Income Includes: Laundry
  • Income Other: 6586
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: 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

    19 Total Sales

    Jenny Zhao
    Section Image
  • Adam Levin

    Seller's Agent in 2017

    Adam Levin

    Marcus & Millichap

    (650) 391-1782

    3 in this area

    99 Total Sales

    Adam Levin
    Section Image

  • M

    Buyer's Agent in 2017

    Min Hui

    Abacus Financial Services Inc

    (510) 353-0855

    35 Total Sales

    Min Hui
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81642879

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 and is currently priced at $1,985,410, approximately $689 per square foot. 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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