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Address
620 Alamo CT Mountain View, CA
Price
$ 11,925,000
Property Attributes
  • MLS#ML81873808
  • TypeMulti-Family
  • CountySANTA CLARA
  • CityMountain View
  • AreaWhisman
  • Zip94043
  • Style
  • Price$ 11,925,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19318
  • Lot Size0.9368 Acres
Listing Provided Courtesy Of:
Adam S. Levin with Marcus & Millichap.
Data Source:
MLSListings
Property Description

Alamo Park is a stunning 25-unit, value add and development opportunity located in the thriving city of Mountain View, Ca. The subject property is located in the heart of Mountain View and is well positioned for Signifiant added value through redevelopment. The current zoning of R3-1 allows for a maximum of 30 single family homes to be built upon approval from the city*. Alternatively, the subject property is also available for a potential condo conversion*. Alamo Park allows the investor to operate the property in the interim as apartments for cash ow while simultaneously taking the property through the process of getting approval for 8 potential tuck under Accessory Dwelling Units (ADUs). This asset has the potential to build ADUs within an existing structure during mandatory seismic retrofitting*. This may also allow the property to exceed residential density limits allowing for greater cash flow. * Current and proforma metrics are based on 8 proposed ADU scenario.

Price History
1/8/2022 Listed $11,925,000

General Features

# of Buildings 2
Accessibility Other
Age 48
Association Amenities BBQ Area, Community Pool
City MOUNTAIN VIEW
City Limits (y/n) Yes
Co-Listing Agent Last Name Eymon
Co-Listing Agent Last Name Binesh
Co-Listing Agent State License # 02060059
Complex Name Text Alamo Park Apartments
Cooling Ceiling Fan
County Santa Clara
Heating Wall Furnace
Listing Agent State License 01462752
MLS Area Whisman
Pool Features Pool - Fenced, Pool - In Ground
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions None
Roof Rolled Composition
Security Features None
Special Listing Conditions Not Applicable
Status Active
Utilities Individual Electric Meters, Individual Gas Meters
Water Water On Site
Year Built 1974
Zoning Text R3-1*

Interior Features

Living Sqft 19318
Unit 2 Approx Square Footage 860
Unit 2 Number Of Bedrooms 2
Unit 3 Approx Square Footage 925

Exterior Features

Building Area Total 19318
Foundation Details Concrete Perimeter
Lot Acres 0.9368
Lot Size Area 40807.00
Lot Size Units Square Feet
Maximum Lot Size 40807.00
Meters Master Water, Separate Electric, Separate Gas
Parking Features Assigned Spaces, Carport
Parking Spaces 25
Pool (Y/N) Yes
Sewer/Septic Sewer Connected

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 94043

Price
AVG $7.66M
$11.93M
Visits
AVG 25
25
Year Built
AVG 1961
1974

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