Active MLS ML82065880

2483-2491 Whitney DR

$15,250,000

2483-2491 Whitney DR, Mountain View, CA, 94043

23,827 sqft

Listing courtesy of Eric Katz, Magnify Real Estate
Listing broker contact: 408-317-0187 · eric@magnifyequity.com

Description

The Mayfield Apartments: 40-unit garden community on 1.45 acres in north Mountain View, bordered by Google's X campus and a 2-minute walk to San Antonio Caltrain. Assumable $8.6M loan at 3.50% fixed to 6/2028. Four 2-story buildings (1959/60) hold 6 studios, 28 one-bedrooms and 6 two-bedrooms around landscaped courtyards and a pool. Private fenced yards at 20 units, vaulted ceilings in 20, LVP floors in 29, dishwashers in 16. New 125-amp subpanels in all 40 units (2026), new wall furnaces in 24, exterior paint and carport roofs 2024. 3 laundry rooms, 5 storage rooms, 53 parking spaces, on-site manager. 95% occupied. Current NOI $833,368 = 5.5% cap / 11.8 GRM; in-place rents 14.6% below market for 6.6% pro forma cap. Four separate APNs. Minutes to Google, Intuit, Microsoft, NASA Ames, Stanford and US-101. Do not disturb residents; open house Wed 10/28, 10 AM-3 PM; other tours by appointment with listing agent.

Listing details

MLS #
ML82065880
Status
Active
Property type
FiveOrMoreUnits
Living area
23,827 sqft
Lot size
62,982 sqft
Year built
1959
Garage
20
List price
$15,250,000
List date
2026-10-27
Listing agent
Eric Katz
Listing office
Magnify Real Estate

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