Contact Us

Yes No

1327 Villa Street $2,500,000

    Close

    1327 Villa Street Mountain View, CA 94041

    • 0.19 Acres
    • Land
    • MLS# 221041715
    Favorite Share
    Views: 2

    Go Tour This Home

    Schedule A Showing

    Property Details

    Two adjacent lots, 1327 Villa St & 216 Mountain View Ave for are sale consisting of 3 buildings on a total land area of about 14,500 sq. ft. with R3 zoning at a prime location directly across the street in front of the Google campus on Villa St. At 1327 Villa St is a 9-unit abandoned apartment building (condemned). At 216 Mountain View Ave are a triplex and a single family residence both grossing about $8,500 a month on short term rents. Three units are on Airbnb and the house is on a 1 year lease due in August 2021. They now have R3 zoning where you can build about 15k SF of condos or 1.05 FAR. Moving forward, the City of Mountain View will be UPZONING R3 expected to be completed by mid-2022. Once passed, building 10 to 15 units and 20,000 SF over three stories would be possible. The two lots can be purchased for $5m or 1327 Villa Street can be purchased separately for $2.5m. Pictures and floor plans are attached with a zoning memo and preliminary architectural renderings.

    • General Features
      • Association No
      • Association Fee $0
      • County Santa Clara
      • Property Subtype Residential Lot
    • Building Features
      • Fencing Partial
      • Number of Lots 0
      • Minimum Bldg SqFt 0
      • Water Source Public
      • Sewer Sewer Connected
      • Total Parking Spaces 0
    • Property Features
      • Horse Property No
      • Irrigation None
      • Lot Features Corner, Curb(s), Sidewalk(s), Gutter(s), Street Light(s)
      • Lot Size Acres 0.18
      • Lot Size Square Feet 8220
      • Lot Size Source Assessor Auto-Fill
      • Road Frontage Type City Street
      • Vegetation Grass
    • Schools
      • Elementary School District Other
      • Middle or Junior School District Other
      • School District County Santa Clara
      • Senior High School District Other

    Contact

    Neighborhood

    94041 (Mountain View) Demographics

    34 Median Age
    9,250 Population Density (per sq. mile)
    66% College Educated
    $101,780 Estimated Median Income
    2,117 Estimated Total Home Owners
    4,152 Estimated Total Renters
    34% / 66% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,162 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,500,000
        4/27/2021 11:02:00 AM New in Database Source New Value: $2,500,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 5/15/2021 2:20:28 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.