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Open House Sun, Dec 5th
Address
366 Camille CT Mountain View, CA
Price
$ 4,988,000
Property Attributes
  • MLS#ML81867150
  • TypeMulti-Family
  • CountySANTA CLARA
  • CityMountain View
  • AreaMiramonte
  • Zip94040
  • Style
  • Price$ 4,988,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5480
  • Lot Size12,088 SqFt
Listing Provided Courtesy Of:
Ismael Benhamida with Compass.
Data Source:
MLSListings - 40 - CA
Property Description

Offering memorandum available. Pride of ownership 12-unit apartment complex with two six-unit buildings (366 & 372 Camille Ct) situated on one parcel with all updated one-bed/one-bath units with vaulted ceilings. Prestigiously located in the Cuesta Park neighborhood south of El Camino Real where homes are $1500+/SqFt. Walking distance to Downtown MV & Caltrain. Current monthly rent is $23,778. CAP Rate: 3.87% Current, 5.28% Proforma. GRM: 17.56 Current, 14.46 Proforma. 100% occupancy & collections. Current ownership of 13 years has consistently improved the property. All units have hardwood & slate floors, upgraded bathrooms & kitchens, & dual pane windows. New 50 year PVC roof in 2017, new carport in 2018, and pavement in 2019. Opportunity to add further value by adding in-unit laundry & private patios, renting out the large storage unit for additional income, and continuing the repositioning of the property to the high specification preferences of Silicon Valley technology employees.

Price History
10/18/2021 Listed $4,988,000

General Features

# of Buildings 2
Accessibility None
Age 68
Amenities Misc. High Ceiling, Open Beam Ceiling, Vaulted Ceiling
Association Amenities Additional Storage
City MOUNTAIN VIEW
City Limits (y/n) Yes
Construction Materials Wood Frame
Cooling Ceiling Fan
County Santa Clara
Energy Features Tankless Water Heater
Flooring Hardwood, Slate
Heating Wall Furnace
Listing Agent State License 01722847
MLS Area Miramonte
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions None
Roof Polyurethane
Security Features None
Special Listing Conditions Not Applicable
Status Active
Utilities Public Utilities
Virtual Tour https://366camille.com/idx
Virtual Tour https://366camille.com/
Water Public
Year Built 1953
Zoning Text R3-1*

Interior Features

Kitchen Countertop - Granite, Freezer, Oven Range - Gas, Refrigerator
Laundry Features Coin Operated
Living Sqft 5480
Unit 1 Rent 1820

Exterior Features

Building Area Total 5480
Foundation Details Concrete Perimeter
Lot Acres 0.2775
Lot Description Grade - Level
Lot Size Area 12088.00
Lot Size Units Square Feet
Maximum Lot Size 12088.00
Meters Master Water, Separate Electric, Separate Gas
Parking Features Assigned Spaces, Carport, Covered Parking, Off-Street Parking, Parking Area, Uncovered Parking
Parking Spaces 7
Sewer/Septic Sewer - Public
Yard/grounds Fenced, Low Maintenance, Storage Shed / Structure

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94040

Price
AVG $4.99M
$4.99M
Visits
AVG 13
12
Year Built
AVG 1953
1953
Walkscore
AVG 89
89
Data Provided by Walkscore ® not using MLS data

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