410-414 Sierra Vista Ave, Mountain View, CA 94043

$10,500,000
List Price
$10,500,000
Closing Date
Mar 20, 2019
MLS#
ML81729827
Zoning
R3-22
Lot Size
38,236
Neighborhood
Rengstorff

Property Description

410-414 Sierra Vista Avenue are two separate contiguous parcels totaling 38,236 square feet of combined lot space offering a fantastic development opportunity just off West Middlefield Road in Mountain View, California. -- The subject property has already gone through significant progress in getting this site developed. On June 19th, 2018 the City Council approved a Planned Unit Development, Development Review Permit, and a Tentative Map for the 14-unit row-house development on the 0.88-acre site. Tenant relocation is already in process, and the seller is looking for someone to come in, close fee simple on both properties and see the project to completion. -- Currently there are 11-apartment units (tenanted) on the site, which will produce significant income to offset the holding costs during the last few stages of final map approval.

Additional Information

Present Use
Multi-Family
Parcel Access
Accessible, City Street
Development Status
Have Building Plans, Improvements Plans Avail, Tentative Map Approved
Fence
Wood
Water
Water On Site
Wewer
Sewer Connected
Other Utilities
Electricity - Available at Street, Gas - Available at Street, Public Utilities

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Ray Rodriguez.

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