Mountain View, CA 94041,Address not disclosed
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Mountain View, CA 94041,Address not disclosed
Mountain View, CA 94041,Address not disclosed
Mountain View, CA 94041,Address not disclosed
Mountain View, CA 94041,Address not disclosed

$2,400,000

Est. payment /mo

$2,400,000

Est.Price: ?

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Address not disclosed Mountain View, CA 94041

7,614 Sqft Lot

SOLD DATE : 06/03/2022

Key Details

Sold Price $2,400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81880396

Year Built 1950

Annual Tax Amount $28,795

Lot Size 7,614 Sqft

Property Description

5 units on an irreplaceable 7,500 sqft corner lot location at Franklin St. and Mercy St in Downtown Mountain View. Unit Mix: (1) 1 Bedroom 1 Bath Detached House w/Private Yard & (4) 1 Bedroom 1 Bath Apartments. Excellent owner-user potential (could possibly convert the house to 2-bedroom). Potential to add an ADU for significant increase in rental income (not guaranteed). Well maintained property with all dual pane windows, new electrical subpanels in units, earthquake retrofitting, etc. Ample parking with 5 tuck-under and 5 tandem spots & potential to create additional open parking. Ability to add a private yard to 968 Mercy by fencing in the lawn area. Separate laundry room with coin-operated machines, leased from Wash Laundry. Located in the heart of Silicon Valley, steps to Castro St., Pioneer Memorial & Eagle Park, and a short walk to the Caltrain station.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning P(19)

Interior

Heating Wall Furnace

Cooling None

Exterior

Roof Type Composition,Tar/Gravel

Building

Water Public

Schools

Elementary Schools Edith Landels

Middle Schools Other

High Schools Mountain View

School District Other

Others

Special Listing Condition Standard

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CRMLS – RECore
Listed by Bryan Danforth Newmark Cornish & Carey
Bought with Brian Henry Newmark Cornish & Carey
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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