Property Details
About this Property
Offering memorandum available. Pride of ownership 12-unit apartment complex with two six-unit buildings (366 & 372 Camille Ct) situated on one parcel with all updated one-bed/one-bath units with vaulted ceilings. Prestigiously located in the Cuesta Park neighborhood south of El Camino Real where homes are $1500+/SqFt. Walking distance to Downtown MV & Caltrain. Current monthly rent is $23,778. CAP Rate: 3.87% Current, 5.28% Proforma. GRM: 17.56 Current, 14.46 Proforma. 100% occupancy & collections. Current ownership of 13 years has consistently improved the property. All units have hardwood & slate floors, upgraded bathrooms & kitchens, & dual pane windows. New 50 year PVC roof in 2017, new carport in 2018, and pavement in 2019. Opportunity to add further value by adding in-unit laundry & private patios, renting out the large storage unit for additional income, and continuing the repositioning of the property to the high specification preferences of Silicon Valley technology employees.
MLS Listing Information
MLS #
ML81867150
MLS Source
MLSListings, Inc.
Interior Features
Kitchen
Countertop - Granite
Appliances
Freezer, Oven Range - Gas
Flooring
Hardwood, Slate
Laundry
Coin Operated
Cooling
Ceiling Fan
Heating
Wall Furnace
Exterior Features
Roof
Polyurethane
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Covered Parking, Off-Street Parking, Parking Area, Garage: 0 Car(s)
Elementary District
Mountain View Whisman
High School District
Mountain View-Los Altos Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
Additional Storage
Zoning
R3-1*
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 12 | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 1/0 | $1,820 | $2,050 | 12 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
366 Camille Ct is a Residential Income in Mountain View, CA 94040. This 5,480 square foot property sits on a 0.25 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,825,000 and was built in 1953. This address can also be written as 366 Camille Ct, Mountain View, CA 94040.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Ismael Benhamida, (408) 373-6195
