Multifamily Property Investment
For Sale
$2,695,000
256 Pettis Ave, Mountain View, CA 94041
Five-unit multifamily property with income and value-add potential.
Property Size2,801 SF
Price / SF$962.16
Days on Market150
Property Features for 256 Pettis Ave
General Information
Standard status
Active
Size
2,801 SF
Property subtype
Commercial
Amenities
Composition Roof
Hardwood Flooring
Level
Parking Area
Building Details
Year Built
1961
Listing Agency:
SEAN DINH, BROKER
(510) 846-4649
Listed By:
SEAN DINH
Source:
Corcoran
Added: Apr 4
Changed: Aug 27
Last Checked: Aug 30 at 7:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SEAN DINH, BROKER
Investment Insights
Based on property information with market context.
This is a five-unit multifamily property featuring one three-bedroom, two-bathroom unit, two one-bedroom, one-bath units, and two studio units. The property provides in-place income with the potential to increase rents to market levels. This combination makes it suitable for both experienced and new multifamily investors. The property is located in a desirable market.
Key Highlights
- Stable in‑place income with immediate cash flow.
- Value‑add opportunity through potential rent increases to market levels.
- Five‑unit multifamily property with a mix of unit types (3‑bed, 1‑bed, studio).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,374
Businesses Nearby
Explore this area
Business Placement
Demographics for 94041, CA
15,604
Population
7,383
Households
2.1
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
9,753
Density / Sq Mi
$168,980
Median Household Income
$96,520
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with income and value-add potential.
Where is this apartment building located?
The property is located at 256 Pettis Ave Mountain View, CA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Stable in‑place income with immediate cash flow.; Value‑add opportunity through potential rent increases to market levels.; Five‑unit multifamily property with a mix of unit types (3‑bed, 1‑bed, studio).
