Listed by Eymon Binesh, Marcus & Millichap,

620 Alamo Court

Mountain View, CA, 94043

$11,488,000

$594 per ft²
$11,488,000
$594 per ft²
Active
Active
 - For Sale
carpenters-square
19,318 ft²
property_type
Commercial
calendar
Built 1974
Alamo Park Apartments is a stunning 25-unit, value add and development opportunity located in the thriving city of Mountain View, California. The subject property is located in the heart of Mountain View and is well positioned for significant 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 Apartments 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 may also allow the property to exceed residential density limits allowing for greater cash flow.
MLS® ID:
ML81892011
Listed:
5/15/22
Updated:
8/18/22
Frontgate Real Estate
Dana & Jeff Luxury Homes

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.94 acres lot

School Information

High School
Other

Other Property Details

Area Name
699 - Not Defined
Taxes
$137208
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
25.0
View
N
County
Santa Clara
Water Source
Public
Pool
No
Zoning
R3-1*

 

Listed by Eymon Binesh, Marcus & Millichap,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/18/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:08 PM UTC, 8/18/22

Frontgate Real Estate
Dana & Jeff Luxury Homes
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