ActiveCommercial · sale

1920 Latham Street

Mountain View, CA 94040

$8,800,000

  • 0.64 acres
  • Built 1961

Listed by Compass · MLS #ML82060814

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Built in 1961 on a 0.64 acre lot, this two story, garden style building offers roughly 22,222 square feet, carport parking, and an on site swimming pool.

Year built

Built in 1961.

Property size

0.64 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Twenty-three units with rent upside from day one. A rare 23 unit opportunity in the heart of Silicon Valley, minutes from Google, Meta, LinkedIn, Intuit, Stanford University, and Caltrain, with easy access to US 101, CA 85, and CA 237. Built in 1961 on a 0.64 acre lot, this two story, garden style building offers roughly 22,222 square feet, carport parking, and an on site swimming pool. The 23 units average 966 square feet, larger than typical new construction studios and one bedrooms, with a mix of one bedroom, two bedroom, and one townhome style layout. The property is currently fully occupied, with two units vacating at the end of September. Water is master metered and paid by ownership, while gas and electric are individually metered and paid by residents. Rents carry great upside already in motion, with two units scheduled to turn over soon at anticipated rents of $3,400 to $3,700 dollars per month. Close to parks, shopping, dining, and top rated schools, this is a rare, well located asset with a clear path to capturing rent upside without a large renovation budget.

Upcoming open houses

–8:30 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

1920 Latham Street, Mountain View, CA 94040

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1961
Heating
ForcedAir,WallFurnace
Zoning
R3-1*
Parcel
15421016
Annual property tax
$101,728.00
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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1920 Latham Street, Mountain View, CA 94040 · MLS #ML82060814

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Listing information

MLS #ML82060814 · California Regional MLS

Listing brokerage: Compass
Listing agent: Ray Rodriguez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.