$18,800,000
$1M PRICE DROP

Estimated payment $118,866/month

Total Views 8,941
40 Beds
-- Bath
24,586 Sq Ft
$765 Price per Sq Ft

Highlights

  • 1.45 Acre Lot
  • Enclosed Patio or Porch
  • Landscaped
  • Monta Loma Elementary School Rated A-
  • Attached Garage

About This Home

The Mayfield Apartments located at 2483-2491 Whitney Dr. in Mountain View, CA is a superb opportunity for the savvy multifamily investor. The approximately 1.446 acre property is comprised of 4 parcels boasting 2 one story buildings and 2 two story buildings built in 1959/60. The buildings contain 40 apartments with a unit mix of 6 two bedroom units, 28 one bedroom units, and 6 studio units. Many of the units have private back patios or little front gardens, lovely vaulted wood ceilings, and luxury vinyl plank flooring. The units have been updated to varying extents, but most have upgraded bathrooms and kitchens. The units are separately metered and equipped with electric stoves, gas wall heaters, and individual fuse boxes. The property boasts a communal pool, 51 parking spaces, including 40 carport spaces and 11 uncovered spaces, ample storage, and 3 laundry rooms with Seller owned app operated machines (4 washers/4 dryers). Located directly adjacent to over 500,000 square feet of Google office and R&D space, the property benefits from proximity to major employers and strong rental demand. Overall, the property presents a rare opportunity to acquire a residential investment asset in a severely supply constrained market with incredible development potential.

Listing Agent

Daniel McGue

Coldwell Banker Commercial Rea License #00656579 Listed on: 05/30/2025

Coldwell Banker Commercial Rea

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 1.45 Acre Lot
  • Landscaped

Parking

  • Attached Garage
  • Carport
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Community Details

Overview

  • 40 Units

Building Details

  • 38 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer
  • Laundry Features: Common Area

Exterior Features

  • Exterior Features: Yard Space
  • Patio And Porch Features: Enclosed Patio, Uncovered Patio

Garage/Parking

  • Parking Features: Attached, Carport, Covered, Off Street, Uncovered

Lot Info

  • Lot Features: Corner Lot, Landscape Front, Shape Regular
  • Lot Size Acres: 1.446
  • Lot Size Sq Ft: 62988
  • Lot Size Units: Acres
  • Zoning: R3-1

Rental Info

  • Existing Lease Type: Net
  • Units Furnished: None

Building Info

  • Number of Units Total: 40

Tax Info

Multi Family

  • Number Of Units Vacant: 2
  • Number Of Units Leased: 38

Map

Range of Values:

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ICE

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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
10/08/2025 10/08/25 Price Changed $18,800,000 -6.0% $765 / Sq Ft
08/08/2025 08/08/25 For Sale $20,000,000 0.0% $813 / Sq Ft
07/31/2025 07/31/25 Off Market $20,000,000 -- --
05/30/2025 05/30/25 For Sale $20,000,000 -- $813 / Sq Ft
Source: San Francisco Association of REALTORS®

Source: San Francisco Association of REALTORS®

MLS Number: 425045432

San Francisco Association of REALTORS®