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(650) 387-2535
Real Estate Company
2483-2491 Whitney DR, Mountain View, CA 94043
- $15,250,000
- 23,827
- SqFt
Listed by Eric Katz, 408-317-0187 from Magnify Real Estate
(If provided) CoList: David Katz from Magnify Real Estate
- List Price
- $15,250,000
- MLS#
- ML82065880
- Status
- ACTIVE
- 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
- 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
- Unincorporated Yn
- Yes
- Zoning
- R3-1H
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
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