310 Gladys Ave - Apartments FOR SALE


Mountain View, CA 94043- Wagon Wheel
$2,475,000 USD
408-839-1072
310 Gladys Ave, Mountain View, CA for Sale
$2,475,000 USD
Apartments - FOR SALE
1/55
null | 4.54% Cap Rate

310 Gladys Ave
Mountain View, CA 94043
Wagon Wheel


HIGHLIGHTS

  • Single story on concrete slab foundation
  • Stucco exterior
  • Roll Composition roof less than 4 year new
  • Each unit has private patio
  • Each unit has own hot water heater
  • Huge lot, 14,960 sq ft

OVERVIEW

Opportunity is knocking! Excellent Mt. View location! Take a look at this easy to manage 6-unit building on a huge 14,960 sq ft lot. Single story, stucco exterior, concrete slab foundation with a composition roll roof that is less than 4-years new. All units are 1 br/1ba with each having their own private fenced-in front patio. Most units have had updates in the last 4-6 years with paint, laminate flooring, kitchen updates, tiled bathrooms. Each unit has their own water heater, and all have been replaced within the last 5-6 years. Plenty of on-site uncovered parking. Great rents and still room to increase, all units occupied, excellent tenants, low maintenance landscaping to keep water bill low. On site coin-operated washer/dryer in laundry room. Located within minutes to many High-Tech companies such as Alphabet/Google, Intuit, LinkedIn, plus NASA and close to Meta, HP, Tesla, Palo Alto Networks, Apple and many more Silicon Valley employers. Public transportation, buses, VTA light Rail and Caltrain make this location ideal. The numbers make sense on this property so don't delay!

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/SF

$842 USD /SF

# OF UNITS

6

PRICE/UNIT

$412,500

CAP RATE

4.54%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

310 Gladys Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,941 SF

ZONING

R2, Mountain View

APN/PARCEL ID

160-28-013

ASK ABOUT THIS PROPERTY

David VerberaRealty World Villa CaliforniaMore Info
408-839-1072

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David VerberaRealty World Villa CaliforniaMore Info
408-839-1072

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