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470 Del Medio Ave Mountain View, CA 94040

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For Sale
$3,900,000

Well-maintained 10-unit apartment building in prime Mountain View location.

Type:Multifamily
Property size:
5,800 SF
Lot size:
0.22 Acres
Added:
Apr 3, 2026
Days on Market:
21
Last Refresh:
Apr 3 at 5:08 am

Property Features for 470 Del Medio Ave

General Information

Standard status
Active
Size
5,800 SF
Lot size
0.22 Acres
Property subtype
Multifamily

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Listing Contact
Jimmy Castellanos

Listing agent Jimmy Castellanos License #CA: 02024152

Listing office Palo Alto Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Palo Alto Office


Overview

Mountain View Multifamily Investment Opportunity

Located in Mountain View, California, 470 Del Medio Avenue is a 10-unit multifamily community constructed in 1957. The property features ten one-bedroom, one-bathroom units, totaling approximately 5,800 rentable square feet, situated on a 9,750 square foot corner parcel. The property provides designated tuck-under carport parking and a landscaped setting with greenery. Recent capital improvements include a new 400-amp main switchboard and a 125-amp house panel. The location offers access to El Camino Real, Highway 101, Central Expressway, and the San Antonio Caltrain Station. Nearby schools include Mariano Castro Elementary, Graham Middle School, and Los Altos High School. The property offers durable in-place income supported by a desirable unit mix, functional layouts, and consistent upkeep, positioning it as a stabilized investment with long-term upside.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Mountain View
County
Santa Clara
State
California
Longitude
-122.1156039
Latitude
37.4051481

FAQs

What type of property is this?
Apartment building - Well-maintained 10-unit apartment building in prime Mountain View location.
Where is this apartment building located?
The property is located at 470 Del Medio Ave Mountain View, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Located in Mountain View, a high‑performing Silicon Valley rental market.; Recent $300,000 electrical capital improvements enhance operational efficiency and reliability.; Ten spacious one‑bedroom units offer a desirable unit mix.
More about this property
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