941-943 Miramonte Ave — Sale in Mountain View, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Mountain View, CA 94040

Photos

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Investment Figures

Cap rate
2.33%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the Miramonte Portfolio, a once-in-a-generation opportunity to acquire four adjacent duplex properties in Mountain View’s highly sought-after Cuesta Park neighborhood. Built by the current ownership family in 1978 and held continuously for nearly five decades, the portfolio is being offered for sale for the first time. Situated on four separate APNs totaling approximately 0.94 acres, the properties may be purchased as a complete portfolio or individually, providing investors with exceptional acquisition flexibility. Extensive capital improvements completed in recent years have positioned the portfolio among the highest-quality duplex offerings in the Mountain View market. The portfolio consists of eight spacious residences totaling 10,707 square feet, including seven 3-bedroom, 2-bath units averaging approximately 1,300 square feet and one 2-bedroom, 2-bath unit of approximately 1,100 square feet. This highly desirable unit mix continues to attract families, long-term residents, and professionals seeking larger floor plans in one of Silicon Valley’s strongest rental markets. Ownership has completed extensive interior renovations, upgraded furnaces and water heaters, installed integrated SMART home technology, replaced windows and sliding glass doors, refreshed exterior paint and siding, and enhanced outdoor living with newly constructed patio decks, pergolas, and built-in BBQ areas. Private garages, generous driveway parking, and exceptional pride of ownership further distinguish the offering. Located just minutes from Downtown Mountain View’s Castro Street, the portfolio provides convenient access to some of the Peninsula’s premier dining and shopping destinations, major transportation routes including El Camino Real, Caltrain, and Light Rail, and many of Silicon Valley’s largest employers. The properties are also served by the highly regarded Mountain View Whisman School District and Mountain View–Los Altos Union High Schoo

Market Context

This multifamily in Mountain View, CA is listed for sale. It is offered at an approximate 2.3% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Mountain View, CA — view the full market.

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