236 Higdon Ave - Apartments FOR SALE


Mountain View, CA 94041- Shoreline West
$1,988,000 USD
408-664-8512
236 Higdon Ave, Mountain View, CA for Sale
$1,988,000 USD
Apartments - FOR SALE
1/11
null | 3.31% Cap Rate

236 Higdon Ave
Mountain View, CA 94041
Shoreline West


OVERVIEW

236 Higdon Ave is a stunning 4-unit investment opportunity located in the thriving city of Mountain View, CA. Situated on a 10,225 square foot parcel of land, the subject property was originally constructed in 1950 and features a gross building area of approximately 2,778 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient community amenities such as private covered parking and on-site laundry. This well-positioned market rests directly below Palo Alto, one of the strongest residential markets in all of California. The city of Mountain View has been credited with many of the new technologies and markets originating in Silicon Valley. While leading the region in innovation and ideas, Mountain View harbors some of the nations top tech employers including Google, Microsoft, LinkedIn, Symantec, and Intuit to name a few. In addition to the stunning Googleplex, (Google Headquarters) located only 2.5 miles away, the subject property is also located within walking distance to Downtown Mountain View (1 mile) and San Antonio Shopping Center (1.3 miles). Downtown Mountain View and Castro Street play a unique role within the community and offer more than 20 retailers and 70 restaurants.

FOR SALE DETAILS

PRICE

$1,988,000 USD

PRICE/SF

$716 USD /SF

# OF UNITS

4

PRICE/UNIT

$497,000

CAP RATE

3.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R32, Mountain View

APN/PARCEL ID

154-11-004

ASK ABOUT THIS PROPERTY

Arman SadighMarcus & MillichapMore Info
408-664-8512

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Arman SadighMarcus & MillichapMore Info
408-664-8512

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