$3,900,000
Marcus & Millichap is pleased to present 470 Del Medio Avenue, a well-maintained 10-unit multifamily community located in the heart of Mountain View. The property is situated within one of Silicon Valleys most supply-constrained and consistently high-performing rental submarkets. Constructed in 1957, the property consists of ten one-bedroom, one-bathroom units totaling approximately 5,800 square feet of gross building area on a generous 9,750-square-foot corner parcel. The property offers designated tuck-under carport parking with ample space for tandem parking. It has also been newly landscaped with lush greenery, new pavers, and vibrant flowers. More recently, the property has benefited from over $300,000 in electrical capital improvements, including a new 400-amp main switchboard and 125-amp per-unit sub-panels, enhancing operational efficiency and long-term reliability.
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Listed by Jimmy Castellanos with Marcus & Millichap (650) 391-1700
Property Type
Commercial Sale
Status
Active
MLS Number
ML82030870
Year Built
1957
Lot Size
9,749 sq ft