Properties

Comm Ri Multi-units 5+ For Sale

5,480 Sqft - 366 Camille Court, MOUNTAIN VIEW, California 94040

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Property Description

Offering memorandum available. Pride of ownership 12-unit apartment complex with two six-unit buildings (366 & 372 Camille Ct) situated on one parcel with all updated one-bed/one-bath units with vaulted ceilings. Prestigiously located in the Cuesta Park neighborhood south of El Camino Real where homes are $1500+/SqFt. Walking distance to Downtown MV & Caltrain. Current monthly rent is $23,778. CAP Rate: 3.87% Current, 5.28% Proforma. GRM: 17.56 Current, 14.46 Proforma. 100% occupancy & collections. Current ownership of 13 years has consistently improved the property. All units have hardwood & slate floors, upgraded bathrooms & kitchens, & dual pane windows. New 50 year PVC roof in 2017, new carport in 2018, and pavement in 2019. Opportunity to add further value by adding in-unit laundry & private patios, renting out the large storage unit for additional income, and continuing the repositioning of the property to the high specification preferences of Silicon Valley technology employees.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81867150
Price : $4,988,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,480 Sqft
Year Built : 1953
Lot Area : 0.25 Sqft
Features
Heating System : Wall Furnace
Cooling System : Ceiling Fan(s)
Address Map
Country : US
State : CA
County : Santa Clara
City : MOUNTAIN VIEW
Zipcode : 94040
Street : Camille Court
Street Number : 366
Floor Number : 0
Longitude : W123° 55' 10.4''
Latitude : N37° 22' 57.1''
MLS Addon
Office Name : Compass
Building Type : Other
Area : Miramonte
Address : 366 Camille Court
Cross Street : Bonita Avenue
LA1User Code : MLL5086143
LA1Agent First Name : Ismael
LA1Agent Last Name : Benhamida
Status Category : Active
Tot # Parking Spaces : 7
Tot # of Units : 12
Zoning : R3-1
List $/SqFt : $0
Age : 68
Apx Lot Sq Ft : 10,920 Sqft
Type of Building : Apt Complex
Annual Taxes : $59,701
Total Deposits : $0
ALL UNITS HAVE : Refrigerator, Updated Baths, Updated Kitchen
EQUIPMENT ADDITIONAL : Tankless Water Heater
FLOORING : Hardwood Floors, Stone (marble/slate/etc.)
LOT DESCRIPTION : Level
ON-SITE PARKING DESC : Parking Area, Covered Parking, Spaces - Assigned
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Trash Removal, Vacancy Factor, Water
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.87
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,988,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 285973
Net Oper Income : 192841
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 9011
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 17.44
List Agent DRE Num. : 01722847
Filtered Address : 366 Camille CT
Branded Media Link : https://366camille.com/
LA1Agent License ID : 01722847
LA1Old Agent ID : 464280
LA1NRDS_ID : 206526008
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 193-06-037
Showing : See Confidential Remarks
LO1Main Office ID : 80937
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : No
VOW AVM : No
Status Detail : 0
Search Price : 4988000
Address Search Number : 366
Listing Agent : 734841
Listing Office : 80937
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 40
Input Date : 17/10/2021 19:24:28
Update Date : 14/12/2021 14:06:27
PhotoTimestamp : 30/10/2021 12:25:35
First Photo Add Timestamp :
List Date : 17/10/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 17/10/2021
Price Date :
Off Market Date :
Status : Active
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 58
Cumulative DOMLS : 58
Unit # 1 # of Bedrooms: 1
Unit # 1 Rent: 1820
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81867150
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 5,480 Sqft
$4,988,000
Agent info
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