1107 High School Way - Apartments FOR SALE


Mountain View, CA 94041- Downtown Mountain View
$3,499,000 USD
1107 High School Way, Mountain View, CA for Sale
$3,499,000 USD
Apartments - FOR SALE
1/34
null | 5.05% Cap Rate

1107 High School Way
Mountain View, CA 94041
Downtown Mountain View


HIGHLIGHTS

  • Complete remodel of all units in 2023
  • Walkable Location – 0.25 miles to Downtown Castro Street
  • Prime Airbnb Potential with private entrances and high local demand
  • 5 Total Units: Includes a 3BR/2BA house, a 2BR/2BA unit, and (3) 1BR/1BA units
  • Strong Bay Area Rental Market – High-income demographic and low vacancy rates
  • Near Major Employers – Minutes to Googleplex, NASA Ames, and Microsoft campuses

OVERVIEW

Located in the heart of Silicon Valley, 1107 High School Way presents a rare opportunity to acquire a turnkey 5-unit multifamily asset just blocks from vibrant Downtown Mountain View. This unique property consists of a charming freestanding single-family home (3 bed, 2 bath) and a separate fourplex comprising one spacious 2 bed, 2 bath unit and three well-designed 1 bed, 1 bath units. Set on a well-maintained lot in one of the Bay Area’s most sought-after rental markets, this asset provides investors with exceptional flexibility—whether for long-term tenant stability or short-term rental income through Airbnb. The desirable unit mix and separate entrances make the property ideal for optimizing rental income across a variety of leasing strategies. Tenants and guests alike will appreciate the prime location just a short walk to Castro Street, Mountain View’s downtown corridor lined with award-winning restaurants, boutique shops, cafés, and cultural venues. The property also benefits from its proximity to major employment hubs including Google, LinkedIn, Apple, Meta, and other world-class tech firms. Caltrain, VTA Light Rail, and easy freeway access provide seamless connectivity throughout the Bay Area.

FOR SALE DETAILS

PRICE

$3,499,000 USD

PRICE/SF

$944 USD /SF

# OF UNITS

5

PRICE/UNIT

$699,800

CAP RATE

5.05%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,800 SF

ZONING

R1, Mountain View

APN/PARCEL ID

158-07-006

ASK ABOUT THIS PROPERTY

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