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236 Higdon Ave 4 Unit Apartment Building $3,139,592 CAD ($784,898 CAD/Unit) 5.80% Cap Rate Mountain View, CA 94041
Investment Highlights
- Prime Silicon Valley location in the heart of Mountain View, one of the most sought-after tech hubs in the country
- Easy access to U.S. Route 101, State Route 85, and Interstate 280, providing excellent regional connectivity throughout Silicon Valley
- Close proximity to Caltrain (Mountain View Station), offering direct transit to San Francisco and San Jose
- Immediate proximity to major employers including Google, Microsoft, LinkedIn, and Intuit
- Minutes from vibrant downtown Mountain View along Castro Street, featuring a wide range of restaurants, retail, and amenities
- Strong surrounding demographics with high household incomes and a highly educated workforce base
Executive Summary
Introducing an exceptional investment opportunity in Mountain View, CA. This multifamily property offers a meticulously renovated 2,778 SF building with 4 units, ideal for the savvy investor. Built in 1950 and thoughtfully updated in 2023 and 2026, this property boasts a prime location in the desirable Mountain View area. With 100% occupancy at market rents and Zoned R3-2, this property presents a compelling opportunity to capitalize on the robust demand for quality multifamily dwellings in this sought-after location. Don’t miss the chance to add this promising asset to your investment portfolio.
Property Facts
| Price | $3,139,592 CAD | Building Class | C |
| Price Per Unit | $784,898 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 2,778 SF |
| Cap Rate | 5.80% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 2.16/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R32, Mountain View - Residential use | ||
| Price | $3,139,592 CAD |
| Price Per Unit | $784,898 CAD |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 2,778 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | R32, Mountain View - Residential use |
Amenities
Unit Amenities
- Heating
- Eat-in Kitchen
- Double Pane Windows
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 650 |
| 2+1 | 2 | - | 750 - 1,295 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 154-11-004 | Improvements Assessment | $746,824 CAD |
| Land Assessment | $2,061,234 CAD | Total Assessment | $2,808,058 CAD |
Property Taxes
Parcel Number
154-11-004
Land Assessment
$2,061,234 CAD
Improvements Assessment
$746,824 CAD
Total Assessment
$2,808,058 CAD
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236 Higdon Ave
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