Garden-Style Apartment
For Sale
$5,580,000
239 Easy St, Mountain View, CA 94043
Fourteen-unit community with renovated interiors, private balconies, covered parking, and on-site laundry facilities.
Property Size9,971 SF
Days on Market52
Property Features for 239 Easy St
General Information
Standard status
Active
Size
9,971 SF
Total Parking Spaces
23
Property subtype
Multifamily
Occupancy
93%
Additional Details
Multifamily Units
14
Amenities
covered parking
EV charging stations
on-site laundry facility
private balconies
professionally designed landscaping
Prime Silicon Valley location within walking distance of Google HQ and OpenAI's newly leased campus
Turn-key property positioned to generate reliable income and capitalize on the region's strong rental growth, with minimal upfront capital requirements.
Long-term appreciation potential – tech sector growth and limited housing supply support continued property and rent growth
Fantastic connectivity with easy access to Hwy 85, Hwy 101, Hwy 237, and Castro Caltrain Station
Building Details
Building Size
9,971 SF
Units
14
Construction
garden-style
Listing Agency:
Marcus & Millichap
Listed By:
Jimmy Castellanos · License #License(s): CA: 02024152
(650) 391-1777
Source:
Marcusmillichap
Added: Sep 5
Changed: Oct 25
Last Checked: Oct 26 at 12:40PM
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 Marcus & Millichap
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Investment Insights
Based on property information with market context.
This 14-unit apartment property in Mountain View, California, offers a garden-style layout with 9,971 square feet of building area. Constructed in 1971, the property includes units with renovated kitchens and bathrooms, dual-pane windows, and private balconies. Covered parking is equipped with EV charging ports, while each covered space includes dedicated storage. A private laundry facility serves the community.
The grounds feature drought-resistant landscaping arranged around the residential buildings. The property is located in Silicon Valley and includes electric heating and window or wall unit cooling. Its multifamily configuration, updated unit interiors, parking improvements, and on-site amenities support continued residential use.
The grounds feature drought-resistant landscaping arranged around the residential buildings. The property is located in Silicon Valley and includes electric heating and window or wall unit cooling. Its multifamily configuration, updated unit interiors, parking improvements, and on-site amenities support continued residential use.
Key Highlights
- 14‑unit multifamily property with 9,971 square feet of building area
- Renovated kitchens and bathrooms with dual‑pane windows
- Private balconies provided with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,529
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,790,580
$3.8M
Cap Rate 7%
$2,707,557
$2.7M
Cap Rate 9%
$2,105,878
$2.1M
Market Conditions
NOI Build-Up for 9,971 SF
Gross rent
$359.0K $36.00/SF
− Vacancy
−$14.4K −$1.44/SF
EGI
$344.6K $34.56/SF
− OpEx
−$155.1K −$15.55/SF
NOI
$189.5K $19.01/SF
Area
Santa Clara County, CA
Vacancy
4.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,790,580
Cap Rate 7%
$2,707,557
Cap Rate 9%
$2,105,878
Alternative Uses
Best Use
Apartment 5plus
$2.71M
$2.37M – $3.16M
NOI $189,529 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.02M
$5.27M – $7.02M
NOI $421,375 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
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Business Placement
Demographics for 94043, CA
31,414
Population
14,756
Households
2.1
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
8.5 sq mi
ZIP Area
3,696
Density / Sq Mi
$180,781
Median Household Income
$113,861
Median Earnings
$2,965
Median Rent
$1,647,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Fourteen-unit community with renovated interiors, private balconies, covered parking, and on-site laundry facilities.
Where is this apartment building located?
The property is located at 239 Easy St Mountain View, CA.
What is the asking price?
The asking price for this property is $5,580,000.
What are key features of this property?
This property features: 14‑unit multifamily property with 9,971 square feet of building area; Renovated kitchens and bathrooms with dual‑pane windows; Private balconies provided with each unit
