Garden Apartment Community with
For Sale
$15,250,000
24832491 Whitney Drive, Mountain View, CA 94043
Four residential buildings offer a mix of studio, one-bedroom, and two-bedroom apartments with shared outdoor amenities.
Property SizeContact for details
Lot Size1.45 Acres
Days on Market10
Property Features for 24832491 Whitney Drive
General Information
Standard status
Active
Total Parking Spaces
53
Lot size
1.45 Acres
Property subtype
Commercial
Occupancy
95%
Net Operating Income
$833,368
Financials
Cap Rate
5.5%
Gross Rent Multiplier
11.8
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
6 x studio, 28 x 1BR, 6 x 2BR
Multifamily Units
40
Additional Details
Tenant in Place
Yes
Amenities
pool
landscaped courtyards
laundry rooms
storage rooms
on-site manager
Building Details
Year Built
1959
Buildings
4
Stories
2
Construction
garden-style
Listing Agency:
Magnify Real Estate
Listed By:
Eric Katz
(408) 317-0187
Source:
Sevengables
Added: Oct 24
Changed: Nov 1
Last Checked: Nov 1 at 5:58AM
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 Magnify Real Estate
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Investment Insights
Based on property information with market context.
The 40-unit garden apartment property spans 1.45 acres and comprises four two-story buildings arranged around landscaped courtyards and a pool. The unit mix includes 6 studios, 28 one-bedroom apartments, and 6 two-bedroom apartments. Private fenced yards serve 20 units, 20 have vaulted ceilings, 29 feature LVP flooring, and 16 include dishwashers. The property also has three laundry rooms, five storage rooms, 53 parking spaces, and an on-site manager. Improvements include 125-amp subpanels in all 40 units in 2026, wall furnaces in 24 units, and exterior paint and carport roof work in 2024.
The property is in north Mountain View, beside Google's X campus and a two-minute walk from San Antonio Caltrain. Google, Intuit, Microsoft, NASA Ames, Stanford, and US-101 are also identified as nearby destinations. Occupancy is 95%; in-place rents are 14.6% below market. The stated current cap rate is 5.5%, with a 6.6% pro forma cap rate and an 11.8 GRM. The property consists of four separate APNs.
The property is in north Mountain View, beside Google's X campus and a two-minute walk from San Antonio Caltrain. Google, Intuit, Microsoft, NASA Ames, Stanford, and US-101 are also identified as nearby destinations. Occupancy is 95%; in-place rents are 14.6% below market. The stated current cap rate is 5.5%, with a 6.6% pro forma cap rate and an 11.8 GRM. The property consists of four separate APNs.
Key Highlights
- 40 apartments across 1.45 acres, with 6 studios, 28 one‑bedrooms, and 6 two‑bedrooms
- Four two‑story buildings arranged around courtyards and a pool
- 53 parking spaces, three laundry rooms, five storage rooms, and an on‑site manager
Property Analytics
Lease Details
40
Residential units
95%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Four residential buildings offer a mix of studio, one-bedroom, and two-bedroom apartments with shared outdoor amenities.
Where is this apartment building located?
The property is located at 24832491 Whitney Drive Mountain View, CA.
What is the asking price?
The asking price for this property is $15,250,000.
What are key features of this property?
This property features: 40 apartments across 1.45 acres, with 6 studios, 28 one‑bedrooms, and 6 two‑bedrooms; Four two‑story buildings arranged around courtyards and a pool; 53 parking spaces, three laundry rooms, five storage rooms, and an on‑site manager
