listing
1 of 0
Residential Income
$3,100,000
1838 Higdon Ave
Mountain View, CA 94041
Listed by: Ken Kho from Legacy Real Estate & Associates, 510-744-3500
MLS: MLSListings Inc.
3,472Sq Ft
Est. Mortgage
$16,102/mo

Presenting a rare Peninsula investment opportunity: a 4-unit apartment complex located near downtown Mountain View. 3,472 sq ft of living space distributed over two stories on a 13k+ sq ft lot. Each unit has 2 bedrooms, 1 bath, 1 covered parking, and1 open parking. All units are rented at below-market rates, thus providing the investor with potential upside. The coin-operated laundry can be reactivated to provide another income source. Current owners have undertaken significant capital improvements: upgrade of electrical capacity to 400 amp (new panel), replacement of galvanized iron piping with heavy-duty commercial copper plumbing, replacement of cast iron sewer drain with ABS plastic, installation of tankless electrical water heater, improved insulation, extensive remodels of three units with new electric subpanels, new electrical wiring, new HVAC systems, kitchen and bath remodels. All work done by current owners are with permit. Close proximity to Google, Linkedin, Microsoft, Amazon, and other tech companies. Quick access to 82/85/237/101 and downtown Mountain View. This is prime location with significant potential! If you are doing a 1031... yes, we welcome that!

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Based on information from the MLSListings MLS as of 10/31/2024 08:22 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Legacy Real Estate & Associates is subject to verification and is not guaranteed.
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