Listed by Adam S. Levin • Marcus & Millichap • 650-391-1700
Bought with Adam S. Levin Marcus & Millichap

$12,100,000

Est. payment - /mo

20,505 SqFt

UPDATED:

Key Details

Sold Price $12,100,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 20,505 sqft

Price per Sqft $590

MLS Listing ID ML82035517

Year Built 1974

Lot Size 0.961 Acres

Property Sub-Type Other

Property Description

Situated on a large parcel of land totaling 0.96 acres, the property was originally constructed in 1974 and features a gross building area of approximately 20,505 square feet, offering tenants beautifully designed two-bedroom and one-bedroom floor plans. Additionally, eight brand-new ADUs have recently been constructed, offering six two-bedroom and two one-bedroom units with modern amenities such as in-unit washers and dryers, heating and AC, dishwashers, recessed lighting, and solar panels on the newly constructed duplex roof. The property is just 3.1 miles from the Googleplex and within close proximity to Downtown Mountain View and San Antonio Shopping Center. Downtown Mountain View and Castro Street play a unique role in the community, offering more than 20 retailers, 70 restaurants, the City Civic Center, and the Center for the Performing Arts, providing a myriad of high-end dining, shopping, and entertainment options. The investment appeal of this asset is driven by Mountain Views strong employment fundamentals and low vacancy levels, and with a world-class location in the heart of Silicon Valley, Alamo Park Apartments presents an attractive opportunity for investors due to its proximity to major employers, transportation corridors, shopping, dining, and entertainment.

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Cooling None

Building

Water Public

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Paolo Ocampo

+1(510) 736-3886

Agent CA BRE #02127190

620 Alamo Court Mountain View, CA 94043