NOT LISTED FOR SALE
7 Beds
3 Baths
2,616 Sq Ft
6,970 Sq Ft Lot

Last Sold March 16, 2017

Last sale price $1,942,000 $742 Per Sq Ft

17 Days on Market

Highlights

  • Granite Countertops
  • Balcony
  • Laundry Room
  • Isaac Newton Graham Middle School Rated A-
  • Double Pane Windows
  • Forced Air Heating and Cooling System

About This Home

As of March 2017

Rare opportunity to own a nice turnkey Triplex within 1 mile of downtown Mountain View. Single level 3/1 and 1/1 have private yards. Both 3 bedrooms have forced air heat. All units have been nicely maintained with updated kitchens, double paned windows, etc. The property is close to downtown, and all the large local employers. Property has excellent Mountain View Elementary schools and Los Altos High. A great opportunity for investors, or someone who wants to live in Mountain View and be a landlord.

Last Agent to Sell the Property

Frank Rich

Fireside Realty License #01252424 Listed on: 01/17/2017

Fireside Realty

Last Buyer's Agent

Yvonne Lee

Giant Realty Inc. License #01038232

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Mostly Level
  • Back Yard

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,616 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Water Softener
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $108,000

Community Details

Overview

  • 2,616 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Utility Expense $1,000
  • Trash Expense $1,500
  • Operating Expense $7,910
  • Gross Income $108,000

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3-2*
  • Subclass: Triplex
  • Style: Ranch
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2616
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 2616
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

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

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport
  • Carport Min: 3

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer In Street

Schools

  • School District: Mountain View-Los Altos Union High
  • High School: Los Altos High
  • High School: 265

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6960.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6960.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Gross Rent Multiplier: 18.06
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1200
  • Expense Maintenance: 500
  • Expenses Total: 7910
  • Expenses Utility: 1000
  • Expense Trash: 1500
  • Income Annual Gross: 108000.00
  • Income Annual Rental: 108000
  • Income Gross Scheduled: 108000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Hot Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

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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 Change Sq Ft Price
03/16/2017 03/16/17 Sold $1,942,000 -0.4% $742 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $1,950,000 -- $745 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81635812

MLSListings

APN: 154-02-021