NOT LISTED FOR SALE

470 Del Medio Ave Mountain View, CA 94040

Mountain View West Neighborhood
-- Bed
-- Bath
5,800 Sq Ft
9,749 Sq Ft Lot

Last Sold February 02, 2018

Last sale price $4,650,000 $802 Per Sq Ft

74 Days on Market

About This Home

As of February 2018

Prime Location: Intersection of Palo Alto, Mountain View & Los Altos Fully renovated (new kitchen & bath, new int/exterior paint, new roof, new flooring, new windows/doors etc.) Market Rent, Current CAP around 4.2% Walking distance to Googles new Mayfield campus 10 min biking to Standford University, Close to Caltrain station One block to San Antonio Center Great schools Very low maintenance.

Last Agent to Sell the Property

Andra Cheung

Andra Wai Cheung, Brkr License #01867813 Listed on: 10/20/2017

Last Buyer's Agent

Allen Nazari

Park Lane Capital Inc License #01868144

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 9,749 Sq Ft Lot

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 5,800 Sq Ft Home
  • 2-Story Property

Parking

  • 10 Carport Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $252,400

Community Details

Overview

Building Details

  • 10 Leased Units
  • Gardener Expense $3,000
  • Insurance Expense $3,000
  • Maintenance Expense $1,000
  • Utility Expense $7,920
  • Operating Expense $69,126
  • Gross Income $251,064

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: R3-1*
  • Subclass: Multiple Dwellings / Structures
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Living Sq Ft: 5800
  • Stories: 2

Exterior Features

  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Covered Parking, Off-Street Parking
  • Carport Min: 10

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.2238
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9750.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 18.14
  • Number Of Leased: 10

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3000
  • Expense Landscape: 3000
  • Expense Maintenance: 1000
  • Expenses Total: 69126
  • Expenses Utility: 7920
  • Income Annual Gross: 251064.00
  • Income Annual Rental: 252400
  • Income Gross Scheduled: 253600
  • Income Includes: Laundry
  • Income Other: 1200
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - On-Site Manager, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
02/02/2018 02/02/18 Sold $4,650,000 +1.1% $802 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $4,600,000 -- $793 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andra Cheung

    Seller's Agent in 2018

    Andra Cheung

    Andra Wai Cheung, Brkr

    (925) 398-6808

    14 Total Sales

    Section Image
  • Allen Nazari

    Buyer's Agent in 2018

    Allen Nazari

    Park Lane Capital Inc

    (650) 313-7619

    1 in this area

    118 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81682319

MLSListings

California Santa Clara County Mountain View 94040 Mountain View West

470 Del Medio Ave, Mountain View, CA

This home is located at 470 Del Medio Ave, Mountain View, CA 94040 since 20 October 2017. This property was built in 1957. 470 Del Medio Ave is a home located in Santa Clara County with nearby schools including Santa Rita Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes