Marcus & Millichap is excited to represent a rare and huge value-add opportunity in Downtown Mountain View, California. 775 Oak Street is a 16-Unit community in the Old Mountain View neighborhood of Mountain View. The subject property was constructed in 1961 and sits on a large 18,774 square foot lot (per county assessor) and offers a net rentable square footage of 9,600 square feet of living space (per county assessor). 775 Oak Street consists of 16-units, currently made up of a combination of two-bedroom and a majority one-bedroom floor plans. The property is an attractive investment for investors given the potential upside in rents and the phenomenal Downtown location.
Sold for $4,925,000 on 05/11/23
$4,925,000
Oak Mountainview, Mountain View, CA 94041
--beds
--baths
9,600sqft
Five Or More Units, Residential Income
Built in 1961
-- sqft lot
$4,992,000 Zestimate®
$513/sqft
$3,540 Estimated rent
Home value
$4,992,000
$4.74M - $5.24M
$3,540/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:11am
Listed by:
Jimmy Castellanos 02024152 408-483-5040,
Marcus & Millichap 650-391-1700
Bought with:
Jimmy Castellanos, 02024152
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML81919135
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- None
Features
- Flooring: Laminate
- Doors: None
Interior area
- Total structure area: 9,600
- Total interior livable area: 9,600 sqft
Property
Parking
- Total spaces: 2
- Parking features: Covered, On Street
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.44 Acres
Details
- Parcel number: 15807027
- Zoning: R3-1*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Foam
Condition
- Year built: 1961
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: Mountain View
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2023 | Sold | $4,925,000$513/sqft |
Source:  MLSListings Inc #ML81919135 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Old Mountain View
Nearby schools
GreatSchools rating
- 7/10Edith Landels Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Isaac Newton Graham Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Mountain View High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: MountainViewWhisman
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$4,992,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,992,000