$2,400,000
$2,400,000
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Address not disclosed Mountain View, CA 94041
7,614 Sqft Lot
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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Bought with Brian Henry Newmark Cornish & Carey






