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Three-Unit Residential Income Property

1826 Higdon AVE Mountain View, CA 94041

1826 Higdon AVE, Mountain View, CA, 94041
$2,149,000
For Sale
$2,149,000

MULTI_FAMILY - MOUNTAIN VIEW, CA

Property Size2,875 SF
Lot Size0.23 Acres
Price / SF$747.48
Days on Market38

Property Features for 1826 Higdon AVE

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-2*
Bedrooms
9
Rooms
Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 9, Bedroom 4, Bedroom 2
Parking
3
Parking features
Carport
Appliances
Oven Range, Refrigerator
Standard status
Active
Size
2,875 SF
Lot size
0.23 Acres

Utilities

Heating system
Electric (Heating)
Water source
Public

Building Details

Year built
1962
Number of units
3
Flooring type
Tile
Listing Agency Intero Real Estate Services
200 Park Road, Cupertino, CA
Listed by Hugo De Hoyos · License #01153534
Added: Jun 10 Checked: Jul 17 at 10:06 am
MLS# ML82032686 Listing URL

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale 3-plex at 1826 Higdon Ave in Mountain View includes three separate residential units. Each unit is configured with 3 bedrooms and 1 bathroom, creating a consistent layout across the property. The arrangement supports multiple living scenarios, including owner-occupancy in one unit while renting the other two.

The property is described as being just minutes from Downtown Mountain View, and the listing remarks note proximity to major tech employers, including Google, LinkedIn, Microsoft, and others. The property is zoned R3-2*.

From a tenant or buyer perspective, the repeated unit configuration can simplify leasing and management, since all three units offer the same bedroom and bathroom profile. For an owner-occupant, the setup provides a practical way to offset housing costs by collecting rent from the remaining units. For an investor, it offers a straightforward, three-unit income structure within a residential setting in Mountain View.

Key Highlights

  • 3‑plex with three units, each featuring 3 bedrooms and 1 bathroom
  • Bedrooms listed for the property: Bedroom 1 through Bedroom 9
  • Public water source

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $96.6k $33.60
− Vacancy −$5.0k −$1.75
EGI $91.6k $31.85
− OpEx −$27.5k −$9.55
NOI $64.1k $22.29
2,875 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$915.6K
$801.1K – $1.07M (±1% cap)
NOI $64,090 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$780.7K
$683.1K – $910.8K (±1% cap)
NOI $54,648 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$1.74M
$1.52M – $2.02M (±1% cap)
NOI $121,498 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Catering Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Restaurant Tanning Salon Butcher Discount Store Cosmetic Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - For sale 3-plex in Mountain View with three 3-bedroom, 1-bath units for owner-occupant or investor use.
Where is this triplex located?
The property is located at 1826 Higdon AVE Mountain View, CA.
What is the asking price?
The asking price for this property is $2,149,000.
What are key features of this property?
This property features: 3‑plex with three units, each featuring 3 bedrooms and 1 bathroom; Bedrooms listed for the property: Bedroom 1 through Bedroom 9; Public water source
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