Eric Katz - Commercial Real Estate Showcase

Eric Katz Property Listings
Colliers International
450 W Santa Clara St
San Jose, CA 95113-1503

565 Escuela Avenue - Monroe villa

Mountain View, CA 94040 - Shoreline West MF Submarket

Property Type:Multi-Family Number of Units:20 Status:Existing Year Built:1963
Stories:2 Building Size:15,109 SF Land Area:.67 AC (29,246 SF)
For Sale Price:$8,050,000 Price/Unit:$402,500.00 Cap Rate:5.26 % GRM:-


Sale Notes:
565 Escuela Avenue is a highly desirable 20-unit apartment community located in Mountain View, CA. The subject property has an outstanding unit mix of (5) two-bedroom/two-bath units, (5) two-bedroom/one-bath units, and (10) one-bedroom/one-bath units. The building was built in 1963 and features 15,109 square feet of living space on a 28,696 square foot lot (0.66 acre parcel). The asset is well-maintained, and approximately one-fourth of the units are renovated with new kitchens & bathrooms. The property includes a coin-operated on-site laundry facility, manager's closet, assigned carport parking, tenant storage lockers, and courtyard pool & barbecue area. The property feeds to an outstanding school district with Los Altos High School (895 API), Graham Middle School (866 API), and Castro Elementary School (835 API).

The property is conveniently located near downtown Mountain View, with easy access to El Camino Real and Central Expressway. Nearby attractions include premier destinations for shopping, dining, and entertainment at both Castro Street and the San Antonio Shopping Center. The building is located in close proximity to major technology companies including Google, LinkedIn, Apple, and more. Owners will benefit from an asset with tremendous upside in a core Silicon Valley location.

Colliers International
Eric Katz
(408) 282-3833

David Katz
(408) 282-3800

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