Skip To Content

    216 Mountain View Avenue

    Mountain View, CA 94041
    • $5,000,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 221041824
    UPDATED: 36 min ago
    $5,000,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Two adjacent lots, 1327 Villa St & 216 Mountain View Ave for are sale consisting of 3 buildings on a total land area of about 14,500 sq. ft. with R3 zoning at a prime location directly across the street in front of the Google campus on Villa St. At 1327 Villa St is a 9-unit abandoned apartment building (condemned). At 216 Mountain View Ave are a triplex and a single family residence both grossing about $8,500 a month on short term rents. Three units are on Airbnb and the house is on a 1 year lease due in August 2021. They now have R3 zoning where you can build about 15k SF of condos or 1.05 FAR. Moving forward, the City of Mountain View will be UPZONING R3 expected to be completed by mid-2022. Once passed, building 10 to 15 units and 20,000 SF over three stories would be possible. The two lots can be purchased for $5m or 1327 Villa Street can be purchased separately for $2.5m. Pictures and floor plans are attached with a zoning memo and preliminary architectural renderings.

    Monthly Payment Calculator



    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-05-14T06:40:55.54. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.debbrittan.com/homes/116511257
    Print Image

    216 Mountain View Avenue Mountain View, CA 94041

    • Price: $5,000,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 221041824
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1957
    Built
    Neighborhood:
    Downtown Mountain View
    County:
    Santa Clara
    Area:
    Downtown Mountain View
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    School District:
    Santa Clara
    Property Description
    Two adjacent lots, 1327 Villa St & 216 Mountain View Ave for are sale consisting of 3 buildings on a total land area of about 14,500 sq. ft. with R3 zoning at a prime location directly across the street in front of the Google campus on Villa St. At 1327 Villa St is a 9-unit abandoned apartment building (condemned). At 216 Mountain View Ave are a triplex and a single family residence both grossing about $8,500 a month on short term rents. Three units are on Airbnb and the house is on a 1 year lease due in August 2021. They now have R3 zoning where you can build about 15k SF of condos or 1.05 FAR. Moving forward, the City of Mountain View will be UPZONING R3 expected to be completed by mid-2022. Once passed, building 10 to 15 units and 20,000 SF over three stories would be possible. The two lots can be purchased for $5m or 1327 Villa Street can be purchased separately for $2.5m. Pictures and floor plans are attached with a zoning memo and preliminary architectural renderings.
    Exterior Features

    Carport Spaces 0 Construction Materials Wood Covered Spaces 0 Foundation See Remarks Independent Parking Spaces 0 Lot Features Curb(S)Curbs/GuttersSidewalkGardenLandscape BackLandscape Front Num Of Floors 2 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features Covered Tandem Parking Spaces 0 Total Parking Spaces 5

    Interior Features

    Cooling Other Flooring LaminateWood Heating Other Laundry Features Varies By Unit Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 3 Num Of2 Bedroom Units 1 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 850 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 2400 Unit1 Rooms 21 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2 Rent 0 Unit2 Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3 Rent 0 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4 Rent 0 Unit4 Rooms 0

    Property Features

    1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Fee 0 Association YN No Electric 220 Volts Elevation 0 Income Includes Rent Only Irrigation None Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes Property TaxRepairsInsurance Property Subtype Quadruplex Property Type Residential Income Sewer Public Sewer Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description Apartments Utilities Other Water Source Public Zoning R3

    Listing provided courtesy of Marcus & Millichap Real Estate. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-05-14T06:40:55.54. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
    https://bt-photos.global.ssl.fastly.net/sacramento/1280_boomver_1_221041824-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/1280_boomver_1_221041824-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/1280_boomver_1_221041824-2.jpg
    Logo
    Deb Brittan Team | Keller Williams Folsom
    2295 Iron Point Rd, Ste. 160
    Folsom CA, 95630