440 N Rengstorff Avenue

    Mountain View, CA 94043
    • $9,980,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: ML81789127
    Price Reduced
    UPDATED: 203 min ago
    $9,980,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Exceptional Development opportunity in the heart of Silicon Valley with Outstanding School District. Owner / Investors can operate as a 16 Unit Apartment complex, fully occupied on 1 Acre land within walking distance to Googles Headquarters while taking the project through the Entitlement process and ready for Construction. This is a very low density apartment complex. There are few similar low density apartment complexes in the area that have been developed into high density single family homes. There are a few other high density projects on North and South Rengstorffs under construction. 440 N. Rengstorff has 2 APNs with each APN consist of 21,600 +/- Square Feet of Land totaling 1 Acre +/- . All 16 Units are 2 Bedrooms with a gross building area of 12,720 +/- Square Feet, averaging around 795 +/- square feet per unit with large fenced backyards and each unit has Two assigned Parking Spaces. There are Four , 4 Unit Buildings , plus Two community Laundry Rooms.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-05-25T23:37:56.1.

    www.ccpropertyfinder.com/homes/104969272

    440 N Rengstorff Avenue Mountain View, CA 94043

    • Price: $9,980,000
    • Status: Active
    • Updated: 203 min ago
    • ID#: ML81789127
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    1963
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    Property Description
    Exceptional Development opportunity in the heart of Silicon Valley with Outstanding School District. Owner / Investors can operate as a 16 Unit Apartment complex, fully occupied on 1 Acre land within walking distance to Googles Headquarters while taking the project through the Entitlement process and ready for Construction. This is a very low density apartment complex. There are few similar low density apartment complexes in the area that have been developed into high density single family homes. There are a few other high density projects on North and South Rengstorffs under construction. 440 N. Rengstorff has 2 APNs with each APN consist of 21,600 +/- Square Feet of Land totaling 1 Acre +/- . All 16 Units are 2 Bedrooms with a gross building area of 12,720 +/- Square Feet, averaging around 795 +/- square feet per unit with large fenced backyards and each unit has Two assigned Parking Spaces. There are Four , 4 Unit Buildings , plus Two community Laundry Rooms.
    Exterior Features

    Parking Description Parking Area Parking Spaces Total 20

    Interior Features

    Cooling Other Heating Other Heat

    Property Features

    Annual Gross Sched Income 459219 Annual Taxes 95000 Annual Utility Expense 0 Building Type Other Hoa YN No Net Operating Income 364219 Operating Expenses Other Tenant Pays Gas Tot Bldg Sq Ft 12720 Water Sewer Water - Public Zoning R3-2

    Listing courtesy of Ty Ataei of Realty One Group Infinity.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-05-25T23:37:56.1.

     
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