355 Mariposa Ave, Mountain View, CA 94041

$3,300,000
4,746
SqFt
List Price
$3,300,000
MLS#
ML81769163
Status
ACTIVE
Zoning
R3-2*
Sqft. of Residence
4,746
Lot Size
12,482
Listing Area
Downtown Mountain View

Property Description

PLEASE DO NOT DISTURB. First Time on Market in 14+ Years. A+ Location in the Heart of Mountain View. Close Proximity to Downtown Mountain View, California Ave. Single Family Home PLUS 5-Units on Same Lot. Low Management Responsibilities. 3 of 5 Units Leased Month-to-Month Basis. 2 of 5 Units Managed by Manager Hired by Owner. Successful, Low-Maintenance Furnished Rental Business Transferable to New Owner. Capital Improvements: Dual Pane Windows, Water Heater, Coin-Operated Washer & Dryer, and More. Property Situated on a Quiet Street Mixed With Single Family Homes in Desirable Residential Area in Mountain View. Excellent Unit Mix Two (2) 2 BR/1 BA, Three (3) 1 BR/1 BA. Current Rents (Long-Term Leased Rental): 1 BR/1 BA - $2,200; 2 BR/1 BA - $2,644. Furnished Rental (Net of 20% Fee): 1 BR/1 BA - $3,100/Month; 2 BR/1 BA - $3,600/Month. Current CAP Rate: 5.09%/Current GRM: 13.7. Pro-Forma CAP Rate: 5.56%/Pro-Forma GRM: 12.9. Building SF: 4,746 SF/Lot Size: 12,300 SF/Cost Per SF: $700/SF

Additional Information

Acres
0.2865
Age
58
Cooling System
Other
Foundation
Concrete Perimeter
Garage Parking
Attached Garage, Carport
Heating System
Wall Furnace
Living Area
4,746
Lot Size
12,482
Neighborhood
Downtown Mountain View
Other Utilities
Individual Electric Meters, Natural Gas, Public Utilities
Roof
Shingle
Sewer
Sewer - Public
Special Features
Other
Unincorporated Yn
Yes
Zoning
R3-2*

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Don Sung from Colliers Parrish International

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