NOT LISTED FOR SALE

1806 Higdon Ave Mountain View, CA 94041

Mountain View West Neighborhood
8 Beds
4 Baths
2,924 Sq Ft
7,100 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $2,000,000 $684 Per Sq Ft

162 Days on Market

About This Home

As of June 2016

1806 Higdon Avenue offers an investor a rare opportunity to acquire a beautiful four-unit apartment building located on a corner lot of a quiet cul-de-sac street in highly desirable Mountain View, California. Built in 1962, the property consists of a large concrete perimeter foundation, wood frame construction, stucco exterior, fresh paint and all new drought resistant and a beautifully landscaped premises.

Last Agent to Sell the Property

Robert Johnston

Marcus & Millichap License #01853816 Listed on: 12/01/2015

Last Buyer's Agent

Robert Johnston

Marcus & Millichap License #01853816 Listed on: 12/01/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,100 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $85,500

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,258
  • Maintenance Expense $2,400
  • Other Expense $3,521
  • Utility Expense $590
  • Operating Expense $34,487
  • Gross Income $83,517

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3-2*
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 2924
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Carport, Detached Garage
  • Carport Min: 2

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1630
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7092.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7092.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.64
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1258
  • Expense Landscape: 1200
  • Expense Maintenance: 2400
  • Expenses Other: 3521
  • Expenses Total: 34487
  • Expenses Utility: 590
  • Income Annual Gross: 83517.00
  • Income Annual Rental: 85500
  • Income Gross Scheduled: 86100
  • Income Includes: Laundry
  • Income Other: 600
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • 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
06/17/2016 06/17/16 Sold $2,000,000 -12.3% $684 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $2,280,000 -- $780 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Johnston

    Seller's Agent in 2016

    Robert Johnston

    Marcus & Millichap

    (510) 304-8077

    3 in this area

    138 Total Sales

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Map

Source: MLSListings

MLS Number: ML81533964

MLSListings

APN: 154-02-011

California Santa Clara County Mountain View 94041 Mountain View West

1806 Higdon Ave, Mountain View, CA

This home is located at 1806 Higdon Ave, Mountain View, CA 94041 since 01 December 2015. This property was built in 1962. 1806 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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