2115 University Avenue

Mountain View, CA 94040

$1,525,000
Price
Beds
1,112 Sq. Ft.
$1,371 / Sq. Ft.
1,112
Sq. Ft.
$1,371
per Sq. Ft.

Description

2115 University Ave, Mountain View, CA is a great investment and owner-user opportunity in the highly sought-after Santa Clara County. This well-maintained duplex is ideally located in the desirable Mountain View, offering a prime combination of location and rental demand. The property features a versatile unit mix, consisting of One spacious 2-bedroom, 1-bath and One Spacious 1-bedroom/1-bathroom cottage units, each with designated parking and an in-unit washer/dryer. With approximately 1,112 square...2115 University Ave, Mountain View, CA is a great investment and owner-user opportunity in the highly sought-after Santa Clara County. This well-maintained duplex is ideally located in the desirable Mountain View, offering a prime combination of location and rental demand. The property features a versatile unit mix, consisting of One spacious 2-bedroom, 1-bath and One Spacious 1-bedroom/1-bathroom cottage units, each with designated parking and an in-unit washer/dryer. With approximately 1,112 square feet of living space on a 0.10-acre lot, this property presents an excellent opportunity for investors seeking rental income or to live in one of the units while leasing the other. What distinguishes 2115 University Ave is its prime location and layout. Situated off of El Camino Real, Highways 85, and 101, this property is a convenient choice for young professionals, ensuring strong tenant demand and minimal vacancies. Beyond its excellent layout, the location adds further value. The property is less than two miles from Downtown Mountain View and a short drive from the popular Shoreline Amphitheatre, a renowned venue for concerts and festivals. Mountain View is also home to major tech hubs.

Listing Agents

  1. Ray Rodriguez

    Ray Rodriguez

    Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

  2. Tony Zizzo

    Tony Zizzo

    Alternative Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: (408)-772-8661

  3. Nia Mallett

    Nia Mallett

    Alternative Listing Agent

    Compass

    DRE #01904213

    nia.mallett@compass.com

    P: (323)-596-7247

Property Details for 2115 University Avenue

MLS City Name
MOUNTAIN VIEW
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
2
LISTING UPDATED: 10/31/2024 02:39 PM

Property Details for 2115 University Avenue

StatusContingent
MLS #ML81983525
Days on Compass40
Taxes$17,591 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1938
Lot Size0.10 AC / 4,165 SF
CountySanta Clara County

Building Information for 2115 University Avenue

Stories1Residences2Year Built1938Building Size-Lot Size0.10 AC / 4,165 SF

Property Information for 2115 University Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 1112
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: San Antonio
  • Roof: Flat / Low Pitch, Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 2115
  • Street Name: University
  • Street Suffix: Avenue
  • Area ID: 206
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 1112
  • Structure SqFt Source: Assessor
  • Age: 86
Development Information
  • Zoning Detail: R1
Location Information
  • Parcel Number: 148-38-065
  • County Name: Santa Clara
  • City Name: MOUNTAIN VIEW
  • City Postal ID: 41
  • Postal Code: 94040
  • Elementary School District: 465
  • High School District Text: Mountain View-Los Altos Union High
Lot Information
  • Foundation: Concrete Perimeter, Crawl Space
  • Horse Property: No
  • Lot Acres: .10
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $17,591
  • Building Unit Total: 2
  • Capitalization Rate: 2.46
  • Tenant Expenses: Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,500
  • Expense Landscape: $0
  • Expense Maintenance: $1,200
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $332
  • Expenses Utility: $3,612
  • Expenses Total: $24,235
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 23.98
  • Income Annual Gross: $63,600
  • Income Annual Rental: $63,600
  • Income Gross Scheduled: $63,600
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,800
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,500

Property History for 2115 University Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2115 University Avenue

Taxable ValueLand$20,574Additions$74,265Total$94,839
Tax Record2024$1,420 ($118 / month)
Home Facts
Beds1Total Finished SqFt576 SqFtAbove Grade Finished SqFt576 SqFtStories1Lot Size4,165 SqFtStyleSingle Family ResidenceYear Built1938ZoningR1CountySANTA CLARAAPN148-38-065

Schools near 2115 University Avenue

This home is within Mountain View Whisman School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Monta Loma Elementary School
PublicK to 5

Isaac Newton Graham Middle School
Public6 to 8

Los Altos High School
Public9 to 12

Gabriela Mistral Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093; Compass, Nia Mallett, DRE #01904213

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.