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Listing Courtesy Of: NuTerra Real Estate Group, 650-771-2579, Alicia Nardini

Listing Sold By: Arrivva, Inc.

Local Realty Services Provided By: Keller Williams Palo Alto

Overview

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$3,103,000

Mariposa, Mountain View, CA 94041

sq ft

$3,103,000

Mariposa, Mountain View, CA 94041

Estimation provided by Keller Williams Realty Inc.

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Property Description

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255 Mariposa Avenue, a meticulously maintained multi-family property in Mountain View, CA. This prime Silicon Valley investment offers six units, including a spacious 3-bed/2-bath owners unit with updated interiors, in-unit laundry, central heating/air, a private yard, and a 2-car garage. Two updated 1-bed/1-bath units feature tuck-under parking, storage, and one with central heating/air. Three 2-bed/1-bath units include updated interiors, two designated parking spaces, storage, and central heating/air in two units. A ground-floor 2-bed/1-bath unit with a private yard could also serve as an owners unit. Tenants benefit from designated parking, shared laundry for five units, and central heating/air in four of the six units. All leased units are at market rent, providing immediate cash flow and long-term upside. Located within walking distance of Downtown Mountain View, this property offers easy access to shops, restaurants, tech employers, freeways, and CalTrain. With the owners unit vacant, this is a prime opportunity for investors or owner-occupants.

Property Details

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Overview

Property Type

Five Or More Units

Property Size

sq ft

Year Built

1961

Days on Site

63 Days

HVAC

Central Forced Air

Parking

2 Parking Spaces

Aurora Wonder Lowe at Keller Williams Thrive

Aurora Wonder Lowe

Keller Williams Thrive

DRE # 01974242

(831) 227-7071

santacruzlocalrealtor@gmail.com

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Purchase Price: $3,103,000

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Price & Tax History

Date

Event

Price

01/24/2025

Listed

$3,200,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$2,985

(+2.83%)

$618,918

Land 319,844 + Additions 299,074

2021

$2,903

(-0.05%)

$217,007

Land 34,590 + Additions 182,417

2020

$2,905

(+3.89%)

$212,753

Land 33,912 + Additions 178,841

2019

$2,796

(+0.38%)

$210,573

Land 33,565 + Additions 177,008

2018

$2,785

(+4.09%)

$206,445

Land 32,907 + Additions 173,538

2016

$2,676

$198,430

Land 31,630 + Additions 166,800

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.