Property Details
About this Property
Alamo Park Apartments is a stunning 25-unit, value add and development opportunity located in the thriving city of Mountain View, California. The subject property is located in the heart of Mountain View and is well positioned for significant added value through redevelopment. The current zoning of R3-1 allows for a maximum of 30 single family homes to be built upon approval from the city*. Alternatively, the subject property is also available for a potential condo conversion. Alamo Park Apartments allows the investor to operate the property in the interim as apartments for cash ow while simultaneously taking the property through the process of getting approval for 8 potential tuck under Accessory Dwelling Units (ADUs). This asset has the potential to build ADUs within an existing structure during mandatory seismic retrofitting*. This may also allow the property to exceed residential density limits allowing for greater cash flow.
MLS Listing Information
MLS #
ML81892011
MLS Source
MLSListings, Inc.
Days on Site
170
Buyer's Brokerage Compensation*
2.00
Interior Features
Cooling
Ceiling Fan
Heating
Wall Furnace
Exterior Features
Roof
Rolled/Hot Mop
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Elementary District
Mountain View Whisman
High School District
Mountain View-Los Altos Union High
Water
Public
Zoning
R3-1*
Nearby Homes for Sale
620 Alamo Ct is a Residential Income in Mountain View, CA 94043. This 19,318 square foot property sits on a 0.936 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $11,488,000 and was built in 1974. This address can also be written as 620 Alamo Ct, Mountain View, CA 94043.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of June 09, 2022. For the most current information, please contact Eymon Binesh, (650) 546-1030
