NOT LISTED FOR SALE

191 Showers Dr Mountain View, CA 94040

Mountain View West Neighborhood
8 Beds
4 Baths
2,700 Sq Ft
5,924 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $2,228,000 $825 Per Sq Ft

34 Days on Market

Highlights

  • Wood Flooring
  • Coin Laundry
  • 4-minute walk to Mora Park
  • Almond Elementary School Rated A+

About This Home

As of July 2017

Highly desirable & high demand rental location! Well maintained fourplex on a large corner lot. All units offer 2 bedrooms/1 bathroom with private patios. Onsite laundry available, carports with storage lockers and separate gas & electric meters. Close proximity to major high tech employers such as Google, Facebook, Apple, Yahoo!, LinkedIn. Near public transit - CalTrain, VTA and a short drive to Downtown Mountain View. Bustling Castro Street offers excellent dining, shopping and entertainment. Great opportunity for investment or to live in one and rent out the rest. Offering Memorandum available.

Last Agent to Sell the Property

Michael Shields

SiliconValley MultiFamilyGroup License #01327546 Listed on: 05/04/2017

Last Buyer's Agent

Cindy Blanco

Intero Real Estate Services License #01435984

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 5,924 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $108,000
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,560
  • Insurance Expense $1,688
  • Maintenance Expense $5,314
  • Other Expense $5,850
  • Utility Expense $7,189
  • Operating Expense $48,956
  • Gross Income $104,760

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R3-1*
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Dishwasher, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 2700
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Hardwood

Exterior Features

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

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • High School: 265

Lot Info

  • Lot Acres: 0.1360
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5904.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5904.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 20.83
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1688
  • Expense Landscape: 1560
  • Expense Maintenance: 5314
  • Expenses Other: 5850
  • Expenses Total: 48956
  • Expenses Utility: 7189
  • Income Annual Gross: 104760.00
  • Income Annual Rental: 108000
  • Income Gross Scheduled: 108000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Vacancy Factor: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft Prior Sale
07/28/2017 07/28/17 Sold $2,228,000 -1.0% $825 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $2,250,000 -2.2% $833 / Sq Ft
07/01/2015 07/01/15 Sold $2,300,000 -2.1% $852 / Sq Ft View Prior Sale
05/08/2015 05/08/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $2,350,000 -- $870 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Shields

    Seller's Agent in 2017

    Michael Shields

    SiliconValley MultiFamilyGroup

    (408) 356-1900

    41 Total Sales

    Michael Shields
    Section Image
  • Cindy Blanco

    Buyer's Agent in 2017

    Cindy Blanco

    Intero Real Estate Services

    (408) 342-8689

    1 in this area

    23 Total Sales

    Cindy Blanco
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81650046

MLSListings

APN: 148-31-013

California Santa Clara County Mountain View 94040 Mountain View West

191 Showers Dr, Mountain View, CA

Not Listed for Sale

MultiFamily

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