NOT LISTED FOR SALE
7 Beds
4 Baths
3,178 Sq Ft
7,074 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $3,315,000 $1,043 Per Sq Ft

258 Days on Market

Highlights

  • Balcony
  • 4-minute walk to Mountain View Station
  • Skylights
  • Crittenden Middle School Rated A-
  • 2 Car Garage
  • 2-minute walk to Jackson Park

About This Home

As of May 2021

This is an exciting and rare Silicon Valley opportunity. 2 single-family homes on 1 lot in vibrant downtown Mountain View. The choices are many: rent both homes, live in one and rent the other, or use the entire property as a compound for multi-generational living. Both homes are move-in ready. #877 is a two-story, 4-bed, 3-bath, new construction home completed in 2018 with an open great room layout and quartz-appointed gourmet kitchen. #875 is a 3-bedroom, 1-bath, and basement with separate entrance. Well-maintained charming home with separate dining room, wainscoting, wood molding, laundry room and other heritage details. Each home offers picture-perfect curb appeal, in-house laundry, and private outdoor areas for dining, entertaining, and play. Superb location, just across Castro street; cafes, shops, and restaurants& Caltrain. Near Google, Intuit, Microsoft, Facebook and more tech companies. Downtown Charmer (#875) and Downtown Stunner (#877) yield over $189,000 in rent income.

Last Agent to Sell the Property

Dorit Alon

Intero Real Estate Services License #01720600 Listed on: 08/12/2020

Intero Real Estate Services

Last Buyer's Agent

Mohini Balakrishnan

Realty World Premier Properties License #01030817

Realty World Premier Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 2017

Lot Details

  • 7,074 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Garage
  • No Garage
  • Electric Vehicle Home Charger

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,178 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Double Pane Windows
  • Crawl Space
  • Fire Sprinkler System
  • ENERGY STAR Qualified Appliances
  • Washer and Dryer

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Eco-Friendly Details

  • Green Features
  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $189,747

Community Details

Overview

  • 3,178 Sq Ft Building

Building Details

  • Gardener Expense $2,513
  • Insurance Expense $2,210
  • Utility Expense $5,880
  • Operating Expense $27,031
  • Gross Income $189,747

Property Details

Home Type

Multi-Family

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3178
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2017

Interior Features

  • Living Sq Ft: 3178
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Foundation Pillars
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Car Hookup, No Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer In Street

Schools

  • High School: 266

Lot Info

  • Lot Description: Possible Lot Split
  • Lot Acres: 0.1624
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7076.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7076.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Energy Star Lighting, Green Features, Low Flow Shower, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller

Rental Info

  • Gross Rent Multiplier: 17.92

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2210
  • Expense Landscape: 2513
  • Expenses Total: 27031
  • Expenses Utility: 5880
  • Income Annual Gross: 189747.00
  • Income Annual Rental: 189747
  • Income Gross Scheduled: 189747
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Equipment - Purchase, Fee - Property Management, Fee - Property Tax, Maintenance, Maintenance - Capital Improvements, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Supplies, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Rent Only

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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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
05/28/2021 05/28/21 Sold $3,315,000 -2.5% $1,043 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
08/12/2020 08/12/20 For Sale $3,400,000 -- $1,070 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81805775

MLSListings