465 Chiquita Avenue

Mountain View, CA 94041

$3,500,000
Price
Beds
4,846 Sq. Ft.
$722 / Sq. Ft.
4,846
Sq. Ft.
$722
per Sq. Ft.

Description

Introducing an exceptional generational investment opportunity in the heart of Mountain View, CA. This 4,846 SF property boasts four exceptionally large units, offering a prime investment for an investor or owner-occupier. Its prime location in the desirable Mountain View area positions it as a lucrative and sought-after asset in the thriving real estate market. Investors will appreciate the potential for steady rental income and long-term growth in this highly desirable and competitive rental market....Introducing an exceptional generational investment opportunity in the heart of Mountain View, CA. This 4,846 SF property boasts four exceptionally large units, offering a prime investment for an investor or owner-occupier. Its prime location in the desirable Mountain View area positions it as a lucrative and sought-after asset in the thriving real estate market. Investors will appreciate the potential for steady rental income and long-term growth in this highly desirable and competitive rental market. Additionally, the property presents an opportunity to add an ADU, increasing overall income in an already supply-restrained market. Recent Upgrades include a new roof replaced in 2021, Milgard double-pane windows, and recent new exterior paint. Don't miss the chance to capitalize on this remarkable multifamily investment in an in-demand location.
  1. Listed by Amit Urban • DRE #01998926 • Brokerage DRE #01998926 • Amit Urban, Broker • 408-444-7445

Property Details for 465 Chiquita Avenue

MLS City Name
MOUNTAIN VIEW
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
0
LISTING UPDATED: 11/11/2024 03:21 AM

Property Details for 465 Chiquita Avenue

StatusActive
MLS #ML81984409
Days on Compass31
Taxes$40,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1964
Lot Size0.24 AC / 10,381 SF
CountySanta Clara County

Building Information for 465 Chiquita Avenue

Stories2Residences4Year Built1964Building Size-Lot Size0.24 AC / 10,381 SF

Property Information for 465 Chiquita Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 4846
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: Central AC, Other
  • Heating: Central Forced Air, Wall Furnace, Other
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Whisman
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 465
  • Street Name: Chiquita
  • Street Suffix: Avenue
  • Area ID: 200
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4846
  • Structure SqFt Source: Assessor
  • Age: 60
Development Information
  • Zoning Detail: R
Location Information
  • Parcel Number: 154-23-019
  • County Name: Santa Clara
  • City Name: MOUNTAIN VIEW
  • City Postal ID: 41
  • Postal Code: 94041
  • Elementary School District: 465
  • High School District Text: Mountain View-Los Altos Union High
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .24
  • 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: 4
General Information
  • Annual Tax Amount: $40,000
  • Building Unit Total: 4
  • Capitalization Rate: 2.50
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,500
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $3,960
  • Expenses Total: $47,460
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Water
  • Gross Rent Multiplier: 25.95
  • Income Annual Gross: $134,877
  • Income Annual Rental: $134,877
  • Income Gross Scheduled: $134,877
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,400
Unit 2 Information
  • Unit 2 Approx Square Footage: 991
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,757
Unit 3 Information
  • Unit 3 Approx Square Footage: 991
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,583
Unit 4 Information
  • Unit 4 Approx Square Footage: 1714
  • Unit 4 Full Bathrooms: 2
  • Unit 4 Number of Bedrooms: 3
  • Unit 4 Rent: $4,561
Unit Type 1
  • Unit Type1 Approx SqFt: 1150

Property History for 465 Chiquita 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 465 Chiquita Avenue

Taxable ValueLand$1,313,514Additions$394,048Total$1,707,562
Tax Record2024$20,106 ($1,676 / month)
Home Facts
Total Finished SqFt4,846 SqFtAbove Grade Finished SqFt4,846 SqFtStories2Lot Size10,381 SqFtStyleQuadraplexYear Built1964ZoningR1CountySANTA CLARAAPN154-23-019Fireplace TypeHas Fireplace

Schools near 465 Chiquita 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
Edith Landels 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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465 Chiquita Avenue is a multi-family home for sale in Mountain View, CA 94041. This property was listed for sale on October 21, 2024 by Amit Urban, Broker, it's currently listed at $3,500,000. This listing's school districts are Mountain View Whisman School District, Mountain View-Los Altos Union High School District. Nearby schools include Edith Landels Elementary School, Isaac Newton Graham Middle School and Los Altos High School. 465 Chiquita Avenue is a 0-bed, 0-bath, 4,846 sqft multi-family home built in 1964.

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 Amit Urban, Broker, Amit Urban, DRE #01998926

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.