662 Mariposa Avenue

662 Mariposa Avenue


Mountain View, CA 94041

$2,535,000 Marketing Sheet

662 Mariposa Avenue is a beautifully renovated two-story apartment building totaling approximately 4,918 square feet of living space situated on a 10,489 square foot lot in highly desirable Mountain View, California.


The unit mix consists of one two-bedroom/one-bathroom unit, seven one-bedroom/one-bathroom apartment units and one studio. The building lies on a clean concrete perimeter foundation with asphalt driveway and is constructed of wood framing with stucco exterior. The 30-year roof was installed just 12 years ago and is in exceptional shape. Eight of the nine units have new double-pane windows, copper plumbing, tile flooring and granite countertops. For the tenant's convenience there are nine off-street and covered parking spaces as well as an on-site coin operated laundry facility. Two of the rear units have fenced-in back patios, and all units look-out on the mature landscaping, which give its tenants a quiet secluded feel.

Cap Rate: 4.61% NOI: $116,893 Livable Sq. Ft: 4,918

Built in 1959 9 units Lot Sq. Ft: 10,498

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