24832491 Whitney DR, Mountain View, CA 94043
24832491 Whitney DR, Mountain View, CA 94043
24832491 Whitney DR, Mountain View, CA 94043
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$15,250,000
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1.45 Acres Lot
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24832491 Whitney DR Mountain View, CA 94043

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82065880

HOA Y/N No

Year Built 1959

Annual Tax Amount $182,144

Lot Size 1.446 Acres

Property Description

The Mayfield Apartments: 40-unit garden community on 1.45 acres in north Mountain View, bordered by Google's X campus and a 2-minute walk to San Antonio Caltrain. Assumable $8.6M loan at 3.50% fixed to 6/2028. Four 2-story buildings (1959/60) hold 6 studios, 28 one-bedrooms and 6 two-bedrooms around landscaped courtyards and a pool. Private fenced yards at 20 units, vaulted ceilings in 20, LVP floors in 29, dishwashers in 16. New 125-amp subpanels in all 40 units (2026), new wall furnaces in 24, exterior paint and carport roofs 2024. 3 laundry rooms, 5 storage rooms, 53 parking spaces, on-site manager. 95% occupied. Current NOI $833,368 = 5.5% cap / 11.8 GRM; in-place rents 14.6% below market for 6.6% pro forma cap. Four separate APNs. Minutes to Google, Intuit, Microsoft, NASA Ames, Stanford and US-101. Do not disturb residents; open house Wed 10/28, 10 AM-3 PM; other tours by appointment with listing agent.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3-1H

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 20

Roof Type Composition

Total Parking Spaces 13

Building

Water Public

Schools

School District Other

Others

Tax ID 14709033

Security Features Security Lights

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Eric Katz Magnify Real Estate #01900078

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24832491 Whitney DR

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Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

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