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    1327 Villa Street

    Mountain View, CA 94041
    • $2,500,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 221041715
    UPDATED: 8 min ago
    $2,500,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Two adjacent lots, 1327 Villa St & 216 Mountain View Ave for are sale consisting of 3 buildings on a total land area of about 14,500 sq. ft. with R3 zoning at a prime location directly across the street in front of the Google campus on Villa St. At 1327 Villa St is a 9-unit abandoned apartment building (condemned). At 216 Mountain View Ave are a triplex and a single family residence both grossing about $8,500 a month on short term rents. Three units are on Airbnb and the house is on a 1 year lease due in August 2021. They now have R3 zoning where you can build about 15k SF of condos or 1.05 FAR. Moving forward, the City of Mountain View will be UPZONING R3 expected to be completed by mid-2022. Once passed, building 10 to 15 units and 20,000 SF over three stories would be possible. The two lots can be purchased for $5m or 1327 Villa Street can be purchased separately for $2.5m. Pictures and floor plans are attached with a zoning memo and preliminary architectural renderings.

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-05-07T17:39:12.717. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    northbay.jimmycastrogroup.com/homes/116503350
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    1327 Villa Street Mountain View, CA 94041

    • Price: $2,500,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: 221041715
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    Neighborhood:
    Downtown Mountain View
    County:
    Santa Clara
    Area:
    Downtown Mountain View
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    School District:
    Santa Clara
    Property Description
    Two adjacent lots, 1327 Villa St & 216 Mountain View Ave for are sale consisting of 3 buildings on a total land area of about 14,500 sq. ft. with R3 zoning at a prime location directly across the street in front of the Google campus on Villa St. At 1327 Villa St is a 9-unit abandoned apartment building (condemned). At 216 Mountain View Ave are a triplex and a single family residence both grossing about $8,500 a month on short term rents. Three units are on Airbnb and the house is on a 1 year lease due in August 2021. They now have R3 zoning where you can build about 15k SF of condos or 1.05 FAR. Moving forward, the City of Mountain View will be UPZONING R3 expected to be completed by mid-2022. Once passed, building 10 to 15 units and 20,000 SF over three stories would be possible. The two lots can be purchased for $5m or 1327 Villa Street can be purchased separately for $2.5m. Pictures and floor plans are attached with a zoning memo and preliminary architectural renderings.
    Exterior Features

    Crops Other Fencing Partial Lot Features Area LightingCornerCurb(S)Sidewalk(S)Gutter(S)Street Light(S) Road Frontage Type City Street Total Parking Spaces 0 Vegetation Grass

    Property Features

    Additional Living Unit No Association No Association Fee 0 Current Use Vacant Development Status Topography Map Available Elevation 0 Horse Property No Income Includes None Irrigation None Num Of Lots 0 Parking Fee 0.00 Possible Use Residential Property Subtype Residential Lot Property Type Land Sewer Sewer Connected Special Listing Conditions None Utilities All Public Water Source Public Zoning R3 Zoning Description Multi-Residential

    Listing provided courtesy of Marcus & Millichap Real Estate. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-05-07T17:39:12.717. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    Jimmy Castro Real Estate Group
    5030 Business Center Drive Ste 170
    Fairfield CA, 94534