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Property profile & analytics
OFF-MARKET
Estimated value
$10,085,000
Apartment buildings
240 Monroe Dr Mountain View, CA 94040-1067
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0518961
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
53,190 SF
Lot
4.74 ac (206,474 SF)
Zoning code
R3-22
APN
148-07-034
UPID
US09-0518961
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Clarity Seminars Training Center
-
Ananda Community Apartment Complex
-
Wine & Wanderlust Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.09M
Owner & transaction history
Michael James Patrick Taylor
Michael James Patrick Taylor
since 2025
7 recorded transactions
Zoning & alternative use
R3-22 · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mountain View submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountain View submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$190 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$165,717
Tax year 2024
Assessed value
$14,283,233
Assessed 2024
Previous assessed
$14,283,233
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$8,593,622
Assessed improvement
$5,689,611
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
73
Total area
53,190 SF
Lot
4.74 ac (206,474 SF)
Zoning code
R3-22
APN
148-07-034
UPID
US09-0518961
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3-22 · Mountain View, CA
Zoning R3-22 · permitted uses
R3-22 · Mountain View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountain View. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
73
Lot
4.74 ac
Current owner
From public records · entity-resolved
Michael James Patrick Taylor
Individual
Mailing address
11100 SAN PABLO AVE STE #211, EL CERRITO, CA 94530-2100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
46 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2025
—
Michael James Patrick Taylor
Diana Down Taylor
Deed
related
—
Dec 17, 2020
—
Carianne Pollacek
—
Deed
related
$9,000,000 · Jpmorgan Chase Bank NA
Dec 29, 2017
$1,262,500
Masters Share
Cerri Richard M
Grant Deed
—
May 24, 2016
—
Gregory L Dyal
Dyal,gregory L & Sidny B
Quit Claim Deed
related
—
Sep 28, 2012
$170,500
Lynns Share LLC
Cerri,richard M
Grant Deed
—
Apr 1, 2010
$1,174,500
Lynns Share LLC
Lane 2002 Family Trust
Grant Deed
—
Oct 29, 2009
—
Pollacek Carrianne Trust
Pollacek Carianne Trust
Quit Claim Deed
related
—
Oct 29, 2009
$1,830,500
Michael J P Taylor
Noel,raymond J JR
Grant Deed
—
Apr 6, 2007
$1,015,500
Sw Villas LLC
Baggetta F L 1990 Trust
Grant Deed
$300,000 · Baggetta Frank L 1990 Trust
Apr 6, 2007
—
Huysentruyt Kurt D Tr
Baggetta,frank L
Affidavit Of Death
related
—
Mar 29, 2007
$299,500
Sally J Rubenstone
Drayer-reyes,cynthia A
Grant Deed
—
Jan 31, 2003
$133,000
Lane,tr
Cerro,r
Grant Deed
related
—
Aug 5, 2002
$70,000
Masters Share
Beltrami,monica A
Grant Deed
related
—
Jul 2, 2002
$235,000
Cynthia A Drayer-reyes
Mcdonald,duncan R
Grant Deed
—
Jul 2, 2002
—
Cynthia A Drayer-reyes
Reyes,andre F
Quit Claim Deed
related
—
Mar 30, 2001
—
Caroline A Pollacek
Pollacek,robert
Quit Claim Deed
related
—
Mar 30, 2001
$512,000
Carianne Polalcek
Brutoco,rinaldo S & Lalla D
Grant Deed
related
—
Sep 1, 1999
—
Lane Trust
Lane Trust
Quit Claim Deed
related
—
May 14, 1998
$154,500
Carianne Pollacek
Malliett Trust
Grant Deed
—
Dec 5, 1997
$52,000
Nacy S Kenhall
Master Share LP
Grant Deed
—
Sep 30, 1997
$78,000
Share Masters
Buckley,richard H
Grant Deed
related
—
Jul 11, 1997
$26,000
Nancy J Kendall
Buckley,richard H
Grant Deed
—
May 30, 1997
$88,500
Duncan R Mcdonald
Redmond,carol A
Grant Deed
$45,000 · Individual
Jan 31, 1997
$82,000
Monica A Beltrami
Green,kathryn A
Grant Deed
related
$40,000 · Individual
Dec 31, 1996
$26,000
Share Masters
Graf,otto
Grant Deed
—
Dec 31, 1996
$27,500
Lane Trust
Weatherman,j L
Grant Deed
related
—
Jun 20, 1996
—
Malliett Trust
Malliett,rochelle L
Quit Claim Deed
related
—
Apr 9, 1996
—
James D Wagenschutz
Wagenschutz Trust
Quit Claim Deed
related
—
Feb 21, 1996
—
James D Wagenschutz
Wagenschutz Trust
Quit Claim Deed
related
—
Jun 14, 1995
$49,000
Gregory L Dyal
Bakley,carol A
Grant Deed
related
$34,000 · Individual
Oct 12, 1994
$45,000
Buckley,richard H
Noel,raymond J
Trustees Deed
related
—
Oct 12, 1994
$64,000
Greene,kathryn A
Gazdayka,richard & Robin S
Trustees Deed
related
$13,000 · Seller
Sep 21, 1994
$147,500
Raymond J Noel
Graf,otto
Grant Deed
—
Apr 25, 1994
$16,500
Nancy J Kendall
Noel,raymond J
Grant Deed
related
—
Apr 21, 1994
—
Karla J Wagenschutz
Wagenschutz,jame
Quit Claim Deed
related
—
Mar 22, 1994
—
James D Wagenshutz
Wagenschutz Trus
Quit Claim Deed
related
—
Jan 18, 1994
—
Wagenschutz Trust
Wagenschutz,jame
Quit Claim Deed
related
—
May 14, 1993
$519,500
Richard Cerri
Weatherman,j.&c.
Grant Deed
—
Jan 11, 1993
—
Afshordi,trust
Unknown
Grant Deed
related
—
Jan 13, 1992
$99,000
N Lane T Richard
Lane,r.
Grant Deed
related
—
Jul 19, 1991
$83,000
Donald Madison
Brutoco,r.&l./af
Grant Deed
related
—
Jun 14, 1991
$62,500
Richard Gazdayka
Wood,s./cryer,p.
Grant Deed
related
—
Jun 28, 1990
$122,500
Jame Wagenschutz
Bakly,c.
Grant Deed
—
Aug 17, 1989
$5,400,000
Nancy Kendall
Noel Investments
Grant Deed
$3,625,000 · Bay View Federal Bank
—
—
Nancy J Kendall
—
Deed Of Trust
related
$4,995,000 · J P Morgan Chase Bank
—
—
N. Kenda Kendall
—
Deed Of Trust
related
$100,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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