1047 Rich Ave | Mountain View, CA 94040
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- LoopNet Team
1047 Rich Ave
Mountain View, CA 94040
Multifamily Property For Sale · 14 Units
INVESTMENT HIGHLIGHTS
- The subject property is located in the highly-renowned Mountain View Los Altos High School District known for innovative programs and STEM learning.
- Mountain View has experienced an unparalleled surge in rent prices following the pandemic.
- The subject property offers close proximity to countless lifestyle amenities in its downtown district.
- Investors have the opportunity to acquire a well-situated multifamily asset located in the heart of Silicon Valley.
- 1047 Rich Ave features convenient community amenities such as private covered carports, storage lockers and an on-site laundry facility.
PROPERTY FACTS
| No. Units | 14 | Building Size | 7,096 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 0.45 AC |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 7,096 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 2.11/1,000 SF |
UNIT AMENITIES
- Balcony
- High Speed Internet Access
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Storage Space
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 189-32-002 | Improvements Assessment | $1,585,099 |
| Land Assessment | $792,539 | Total Assessment | $2,377,638 |
PROPERTY TAXES
Parcel Number
189-32-002
Land Assessment
$792,539
Improvements Assessment
$1,585,099
Total Assessment
$2,377,638
ZONING
| Zoning Code | R3-1* |
| R3-1* |
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