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(831) 917-8190
Real Estate Company
2483-2491 Whitney DR, Mountain View, CA 94043
- $15,250,000
- 23,827
- SqFt
Listing courtesy of Eric Katz from Magnify Real Estate. 408-317-0187
- List Price
- $15,250,000
- MLS#
- ML82065880
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 23,827
- Lot Size
- 62,982
- Listing Area
- Thompson
- Year Built
- 1959
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.
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Additional Information
- Acres
- 1.45
- Age
- 67
- Amenities
- Vaulted Ceiling
- Building Name
- The Mayfield Apartments
- Cooling System
- None
- Floor Covering
- Vinyl / Linoleum
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Carport, Covered Parking, Lighted Parking Area, Uncovered Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 23,827
- Lot Size
- 62,982
- Neighborhood
- Thompson
- Other Rooms
- Laundry Room
- Other Utilities
- Individual Electric Meters, Public Utilities
- Pool Description
- Pool - Fenced, Pool - In Ground
- Roof
- Composition
- Sewer
- Sewer - Public
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- R3-1H
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