Multifamily Owner-User
870 Williams Way Mountain View, CA 94040
870 Williams Way, Mountain View, CA, 94040
$3,999,000
For Sale
$3,999,000
Seven-unit Mountain View property includes an owner’s 3-bedroom home plus six income-producing residential units.
Property Size6,876 SF
Lot Size0.27 Acres
Price / SF$581.59
Days on Market78
Property Features for 870 Williams Way
General Information
- Standard status
- Active
- Size
- 6,876 SF
- Lot size
- 0.27 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1964
Listing agency
Marcus & Millichap
(408) 483-5040
Listed by
Jimmy Castellanos · License #02024152
(408) 483-5040
Source
Exitrealty
Added: May 6 Updated: Jul 21 at 5:29PM Checked: Jul 21 at 5:29PM
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
Investment Insights
Based on property information with market context.
A rare owner-user multifamily investment featuring a large 3-bedroom, approximately 2,500-square-foot single-family residence anchored by six income-producing residential units. Built in 1964, the property is situated on an approximately 11,562-square-foot parcel and totals approximately 6,876 rentable square feet.
The unit mix includes one expansive 3-bedroom/2.5-bath owner’s residence, one recently updated 1-bedroom unit, one 1-bedroom unit with a bonus room, and four townhome-style 2-bedroom/1.5-bath units of approximately 879 square feet each.
This configuration supports an owner who occupies the residence while collecting rental income from the additional units within the same property.
The unit mix includes one expansive 3-bedroom/2.5-bath owner’s residence, one recently updated 1-bedroom unit, one 1-bedroom unit with a bonus room, and four townhome-style 2-bedroom/1.5-bath units of approximately 879 square feet each.
This configuration supports an owner who occupies the residence while collecting rental income from the additional units within the same property.
Key Highlights
- Built in 1964, this seven‑unit Mountain View property includes a 2,500 SF owner’s 3‑bedroom home plus six additional income‑producing units.
- 6,876 rentable SF on an 11,562 SF parcel, with one 2,500 SF owner’s residence and six attached income units.
- Unit mix includes one recently updated 1‑bedroom unit and one 1‑bedroom unit with a bonus room.
Local Financial Insights For Apartment 5plus
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 | $247.5k | $36.00 |
| − Vacancy | −$9.9k | −$1.44 |
| EGI | $237.6k | $34.56 |
| − OpEx | −$106.9k | −$15.55 |
| NOI | $130.7k | $19.01 |
6,876 SF · lease $36.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.87M
$1.63M – $2.18M
NOI $130,699 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.15M
$3.63M – $4.84M
NOI $290,580 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Seven-unit Mountain View property includes an owner’s 3-bedroom home plus six income-producing residential units.
Where is this apartment building located?
The property is located at 870 Williams Way Mountain View, CA.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Built in 1964, this seven‑unit Mountain View property includes a 2,500 SF owner’s 3‑bedroom home plus six additional income‑producing units.; 6,876 rentable SF on an 11,562 SF parcel, with one 2,500 SF owner’s residence and six attached income units.; Unit mix includes one recently updated 1‑bedroom unit and one 1‑bedroom unit with a bonus room.
