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Listed by Mitchell Zurich • Marcus & Millichap
$7,850,000
Est. payment /mo
2 Beds
2 Baths
19,290 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 19,290 sqft
Price per Sqft $406
MLS Listing ID ML82023708
Bedrooms 2
Full Baths 2
Year Built 1963
Lot Size 0.732 Acres
Property Sub-Type Five or More Units
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 Whisman
Zoning P(32)
Interior
Heating Central Forced Air
Cooling Central AC
Exterior
Parking Features Assigned Spaces, Covered Parking, Uncovered Parking
Utilities Available Individual Electric Meters
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 160-07-008
Security Features None
Special Listing Condition Not Applicable
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