410-414 Sierra Vista Ave, Mountain View, CA 94043

$10,500,000
List Price
$10,500,000
Closing Date
Mar 20, 2019
MLS#
ML81729827
Status
PENDING (DO NOT SHOW)
Zoning
R3-22
Lot Size
38,236
Neighborhood
Rengstorff

Property Description

410-414 Sierra Vista Avenue are two separate contiguous parcels totaling 38,236 square feet of combined lot space offering a fantastic development opportunity just off West Middlefield Road in Mountain View, California. -- The subject property has already gone through significant progress in getting this site developed. On June 19th, 2018 the City Council approved a Planned Unit Development, Development Review Permit, and a Tentative Map for the 14-unit row-house development on the 0.88-acre site. Tenant relocation is already in process, and the seller is looking for someone to come in, close fee simple on both properties and see the project to completion. -- Currently there are 11-apartment units (tenanted) on the site, which will produce significant income to offset the holding costs during the last few stages of final map approval.

Additional Information

Acres
0.8778
Development Status
Have Building Plans, Improvements Plans Avail, Tentative Map Approved
Fence
Wood
Lot Description
Grade - Level
Lot Size
38,236
Neighborhood
Rengstorff
Other Utilities
Electricity - Available at Street, Gas - Available at Street, Public Utilities
Parcel Access
Accessible, City Street
Present Use
Multi-Family
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
R3-22

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Ray Rodriguez from Marcus & Millichap

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