NOT LISTED FOR SALE
9 Beds
4 Baths
3,759 Sq Ft
8,289 Sq Ft Lot

Last Sold March 23, 2021

Last sale price $2,700,000 $718 Per Sq Ft

24 Days on Market

Highlights

  • 0.19 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Amy Imai Elementary School Rated A

About This Home

As of March 2021

Coveted neighborhood of Cuernavaca in Mountain View, West of El Camino. Four unit building converted into a three unit building. Situated in a quiet Single Family neighborhood. Fantastic investment opportunity, or reside in the 5 Bed/2 Bath home and use the duplex as investment property! All 3 units have been updated: bathrooms, kitchens, windows, roof and gutters, drain lines, tankless water heater, electrical panel. Private washer and dryer for each unit. Mature lemon trees, orange trees, and roses! Mountain View/ Los Altos schools. Close proximity to downtown Mountain View. Google Headquarters is about 5 miles away! Easy access to 101, 280 or 85 which adds to the desirability of this property.

Last Agent to Sell the Property

Eric Katz

Katz Inc License #01900078 Listed on: 02/26/2021

Last Buyer's Agent

Dedy Efendi

Action Properties License #01413868

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,289 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • 4 Carport Spaces
  • Uncovered Parking

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,759 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $130,200
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,560
  • Insurance Expense $1,880
  • Maintenance Expense $1,600
  • Utility Expense $1,640
  • Trash Expense $4,677
  • Operating Expense $42,804
  • Gross Income $126,294

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3-1*
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3759
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3759
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Carport, Uncovered Parking
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1903
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8291.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8291.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 19.97
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1880
  • Expense Landscape: 1560
  • Expense Maintenance: 1600
  • Expenses Total: 42804
  • Expenses Utility: 1640
  • Expense Trash: 4677
  • Income Annual Gross: 126294.00
  • Income Annual Rental: 130200
  • Income Gross Scheduled: 130200
  • Income Includes: Rents
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • 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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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
03/23/2021 03/23/21 Sold $2,700,000 +3.8% $718 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $2,600,000 -- $692 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,508 $2,922,565 $2,056,620 $865,945
2024 $33,508 $2,865,261 $2,016,295 $848,966
2023 $33,164 $2,809,080 $1,976,760 $832,320
2022 $33,078 $2,754,000 $1,938,000 $816,000
2021 $27,229 $2,274,136 $1,802,604 $471,532
2020 $27,267 $2,250,819 $1,784,121 $466,698
2019 $26,108 $2,206,687 $1,749,139 $457,548
2018 $21,969 $1,836,844 $1,439,689 $397,155
2017 $21,054 $1,800,828 $1,411,460 $389,368
2016 $20,503 $1,765,519 $1,383,785 $381,734
2015 $14,243 $1,258,420 $877,690 $380,730
2014 $14,108 $1,233,771 $860,498 $373,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81831598

MLSListings

APN: 198-07-018