1313-1347 El Camino Real - Apartments FOR SALE


Mountain View, CA 94040- Saint Francis
$6,500,000 USD
408-316-2157
1313-1347 El Camino Real, Mountain View, CA for Sale
$6,500,000 USD
Apartments - FOR SALE
1/43
null | Request Cap Rate

1313-1347 El Camino Real
Mountain View, CA 94040
Saint Francis


HIGHLIGHTS

  • Prime El Camino Real frontage in the heart of Mountain View
  • ±19,158 SF corner lot within the El Camino Real Precise Plan
  • Previously approved entitlements for a 24-unit mixed-use project (expired)
  • Opportunity for a developer to pursue new entitlements with the City
  • Zoned CRA (Commercial/Residential Arterial) allowing mixed-use potential
  • High-visibility location with ±39,651 vehicles per day

OVERVIEW

This prime development site is located along the highly desirable El Camino Real corridor in Mountain View, offering exceptional long-term upside in one of Silicon Valley’s strongest infill markets. The property previously held approved entitlements for a four-story mixed-use project consisting of 24 residential units with ground-floor commercial space; however, those entitlements have since expired. A future developer has the opportunity to re-engage with the City of Mountain View to pursue new development approvals and potentially re-entitle the site, benefiting from the City’s pro-housing policies and the established El Camino Real Precise Plan. With its high-visibility corner location, strong surrounding demographics, and proximity to major employment centers and transit, the property represents a compelling opportunity for developers seeking to create a high-quality residential or mixed-use project in a premier location.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

24

PRICE/UNIT

$270,833

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

@ Home

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2028

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,158 SF

ZONING

CRA

APN/PARCEL ID

189-32-085,189-32-086

ASK ABOUT THIS PROPERTY

Sam JaliliCompass CommercialMore Info
408-316-2157

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Sam JaliliCompass CommercialMore Info
408-316-2157

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.