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$7,850,000
Est. payment /mo
0.73 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82023708
HOA Y/N No
Year Built 1963
Annual Tax Amount $91,271
Lot Size 0.732 Acres
Property Description
Marketing Package available upon request -- The Nederland Apartments located @ 190 Evandale Ave offers a rare opportunity to acquire a turn-key 19-unit apartment community, comprised entirely of 2-bedroom, 2-bath units with spacious layouts. Located in the highly desirable Mountain View submarket, this property provides tenants with convenient access to major tech employers including Google, LinkedIn, Microsoft, and Facebook/ Meta, as well as public transit, shopping, dining, and local amenities, making it one of the most sought-after rental locations in the area. The property is comprised of five buildings on a single 31,900 SF (0.73-acre) lot, including four fourplex structures and one triplex structure, totaling 19 units. Each building features carport parking and a shared laundry room for tenants. This asset is ideal for investors seeking a stable, income-generating property with rental upside and strong long-term appreciation potential, combining immediate cash flow with future growth opportunities in one of Silicon Valleys most dynamic markets.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning P(32)
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Carport Spaces 25
Roof Type Composition
Total Parking Spaces 10
Schools
School District Other
Others
Tax ID 16007008
Special Listing Condition Standard
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Listed by Mitchell Zurich Marcus & Millichap
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