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Mixed-Use Property with Detached Home
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For Sale
$2,887,888

920 W El Camino Real, Mountain View, CA 94040

Residential Income (2-4 units), Spanish, MOUNTAIN VIEW, CA

Property Size3,560 SF
Lot Size0.18 Acres
Price / SF$811.20
Days on Market2

Property Features for 920 W El Camino Real

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CRA
Parking 2
Parking features Assigned, Carport
Subdivision Downtown Mountain View
Standard status Active
Size 3,560 SF
Lot size 0.18 Acres

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

central AC
gas heating
separate meters

Building Details

Year built 1940
Number of units 4
Flooring type Carpet, Laminate, Linoleum
Roof type Tar/Gravel, Tile
Architectural style Spanish
Listing Agency: Christie's International Real Estate Sereno
Listed By: Priscilla Wang · License #01087702
Added: Oct 5 Last Checked: Oct 6 at 9:06PM
MLS# ML82063591

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.

The property combines two street-facing office or assembly areas with an attached two-bedroom, one-bath residence and a detached Spanish-style home offering one bedroom and one bath. The buildings total 3,560 square feet on a 7,841-square-foot lot. CRA zoning applies. The property was built in 1940 and has central air conditioning, natural gas heating, and separate meters.

Located on W El Camino Real in Mountain View, the property is near downtown Castro Street. The detached house has a tile roof; the other building has a tar-and-gravel roof. Flooring includes carpet, laminate, and linoleum.

Key Highlights

  • Two street‑facing office or assembly spaces
  • Attached residential unit with 2 bedrooms and 1 bathroom
  • Detached Spanish‑style house with 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$125,238
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,504,760 $2.5M
Cap Rate 7%
$1,789,114 $1.8M
Cap Rate 9%
$1,391,533 $1.4M
Market Conditions
NOI Build-Up for 3,560 SF
Gross rent
$199.5K $56.04/SF
− Vacancy
−$32.5K −$9.13/SF
EGI
$167.0K $46.91/SF
− OpEx
−$41.7K −$11.73/SF
NOI
$125.2K $35.18/SF
Area
Santa Clara County, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,504,760
Cap Rate 7%
$1,789,114
Cap Rate 9%
$1,391,533

Alternative Uses

Best Use
Office B
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,238 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$966.7K
$845.9K – $1.13M (±1% cap)
NOI $67,668 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,446 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Grocery & Convenience Store Discount Store Veterinary Clinic (Bike/Boat/Book/etc) Store Storage Facility Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,742
Businesses Nearby

Demographics for 94040, CA

36,501
Population
16,963
Households
2.2
Avg Household Size
36
Median Age
78%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
9,865
Density / Sq Mi
$184,494
Median Household Income
$120,047
Median Earnings
$3,017
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two office or assembly spaces accompany residential units in both an attached unit and a separate Spanish-style house.
Where is this mixed-use property located?
The property is located at 920 W El Camino Real Mountain View, CA.
What is the asking price?
The asking price for this property is $2,887,888.
What are key features of this property?
This property features: Two street‑facing office or assembly spaces; Attached residential unit with 2 bedrooms and 1 bathroom; Detached Spanish‑style house with 1 bedroom and 1 bathroom
More about this property
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