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

920 W El Camino Real, Mountain View, CA 94040

ResidentialIncome, Spanish, MountainView, CA

Property Size3,560 SF
Lot Size0.18 Acres
Price / SF$811.20
Days on Market17

Property Features for 920 W El Camino Real

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CRA
Parking 2
Parking features Carport
Elementary school WhismanElementary
High school MountainViewLosAltosUnionHigh
Elementary school district WhismanElementary
High school district MountainViewLosAltosUnionHigh
Subdivision DowntownMountainView
Standard status Active
APN 158-07-018a
Size 3,560 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 4
Flooring type Laminate, Linoleum, Carpet
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 Changed: Oct 21 Last Checked: Oct 21 at 12:06PM
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.

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Investment Insights

Based on property information with market context.

This mixed-use property contains 3,560 square feet across a primary commercial building and a detached residence. The commercial building has two street-facing office or assembly areas and an attached two-bedroom, one-bathroom unit. A separate one-bedroom, one-bathroom Spanish-style home is also part of the property. Central air conditioning, natural gas heat, and separate meters serve the compound.

The 0.18-acre site fronts W El Camino Real and is near downtown Castro Street. CRA zoning applies to the property. Public water and sewer are available, and parking includes a carport.

Key Highlights

  • 3,560 square feet of property space
  • 0.18‑acre site on W El Camino Real
  • CRA zoning

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
Mixed Use
$877.3K
$767.6K – $1.02M (±1% cap)
NOI $61,410 @ 7.0% cap · market cap 2.13%
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. How Realmo checks its estimates

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

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two office or assembly spaces accompany separate residential units, creating a flexible commercial and residential configuration.
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: 3,560 square feet of property space; 0.18‑acre site on W El Camino Real; CRA zoning
More about this property
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