328 Higdon Ave - Apartments FOR SALE


Mountain View, CA 94041- Shoreline West
$2,400,000 USD
415-640-2394
328 Higdon Ave, Mountain View, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/11
null | 3.71% Cap Rate

328 Higdon Ave
Mountain View, CA 94041
Shoreline West


HIGHLIGHTS

  • High rental demand area
  • Lot lot
  • Convenient location

OVERVIEW

Add value investment opportunity in Mountain View that is close shopping and dining. This charming low-rise property at 328 Higdon Avenue features a 2,160 SF building with 5 units with a covered carport and patio area, offering a prime opportunity for a multifamily investor. Built in 1953 and zoned R3-2, this property is set within the desirable Shoreline West area. Currently enjoying 80% occupancy, the property boasts a large lot, separate gas and electric meters, and a convenient location. With its strong rental history and potential for further ADU development, this property offers a compelling investment with immediate upside potential.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$930 USD /SF

# OF UNITS

5

PRICE/UNIT

$480,000

CAP RATE

3.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,261 SF

ZONING

R3-2*

APN/PARCEL ID

154-11-009

ASK ABOUT THIS PROPERTY

Kevin Chin, CCIMSVN | Pacific Commercial AdvisorsMore Info
415-640-2394

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Kevin Chin, CCIMSVN | Pacific Commercial AdvisorsMore Info
415-640-2394

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