MLS#ML82065880
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
Magnify Real Estate
Agency Phone: (877) 776-7718
Associate Name: Eric Katz
Listing Shown by:
Watson Realty
Associate Name: TEAM T.P.G.
Property Description
The Mayfield Apartments: 40-unit garden community on 1.45 acres in north Mountain View, bordered by Google's X campus and a 2-minute walk to San Antonio Caltrain. Assumable $8.6M loan at 3.50% fixed to 6/2028. Four 2-story buildings (1959/60) hold 6 studios, 28 one-bedrooms and 6 two-bedrooms around landscaped courtyards and a pool. Private fenced yards at 20 units, vaulted ceilings in 20, LVP floors in 29, dishwashers in 16. New 125-amp subpanels in all 40 units (2026), new wall furnaces in 24, exterior paint and carport roofs 2024. 3 laundry rooms, 5 storage rooms, 53 parking spaces, on-site manager. 95% occupied. Current NOI $833,368 = 5.5% cap / 11.8 GRM; in-place rents 14.6% below market for 6.6% pro forma cap. Four separate APNs. Minutes to Google, Intuit, Microsoft, NASA Ames, Stanford and US-101. Do not disturb residents; open house Wed 10/28, 10 AM-3 PM; other tours by appointment with listing agent.
Property Features
Property Type: Commercial - Business
Cooling: None
Heating: Wall Furnace
Lot Size: 1.45 Acres
Roof Type: Composition
Taxes: $182,144
Year Built: 1959
Feature Descriptions
Days on Site: 3
Parcel#: 14709033
Security: Security Lights
Water: Public
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: Magnify Real Estate
Agent Name: Eric Katz
Agency Phone: (877) 776-7718
Shown By
Agent Name: TEAM T.P.G.
Agent Phone:
Agency Title: Watson Realty
24832491 Whitney Drive | MLS# ML82065880
This commercial property located at 24832491 Whitney Drive, Mountain View, CA 94043 is currently listed for sale with an asking price of $15,250,000. Whitney Drive is located within the Other school district. Search Mountain View real estate on t-p-g.cce-escrow.com today.