1920 Latham Rd - Apartments FOR SALE


Mountain View, CA 94040- Outer Mountain View/Los Altos
$9,280,000 USD
650-546-1030
1920 Latham Rd, Mountain View, CA for Sale
$9,280,000 USD
Apartments - FOR SALE
1/11
null | 4.76% Cap Rate

1920 Latham Rd
Mountain View, CA 94040
Outer Mountain View/Los Altos


HIGHLIGHTS

  • Massive floor plans, averaging nearly 1,000 square feet each.
  • Excellent location near Google HQ and Castro Street.
  • Ideally located in the heart of the Silicon Valley.

OVERVIEW

Marcus & Millichap is pleased to present 1920 Latham Street, a 23-unit multifamily investment opportunity located in the heart of Mountain View, California -- one of the hottest rental markets in the country. The property features a highly desirable unit mix of 15 two-bedroom and 8 one-bedroom residences, with an average unit size of nearly 1,000 square feet, offering tenants spacious layouts that are increasingly rare in today's market. Amenities include gated access, on-site parking, a swimming pool, on-site laundry facilities, and private patios or balconies for every unit. Positioned in a premier Silicon Valley location near major tech employers, retail, and transit corridors, 1920 Latham Street offers investors a rare opportunity to acquire a well-amenitized asset in a supply-constrained, high-demand rental market.

FOR SALE DETAILS

PRICE

$9,280,000 USD

PRICE/SF

$418 USD /SF

# OF UNITS

23

PRICE/UNIT

$403,478

CAP RATE

4.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Latham Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,770 SF

ZONING

R3-1*

APN/PARCEL ID

154-21-016

ASK ABOUT THIS PROPERTY

Eymon BineshMarcus & MillichapMore Info
650-546-1030

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Eymon BineshMarcus & MillichapMore Info
650-546-1030

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