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For Sale

179 Dalma Dr, Mountain View, CA for sale

179 Dalma Dr,
Mountain View, CA 94041

Asset Snapshot

N/A
Multifamily Subtype
1950
Year Built
2
Floor Count
1
Building Count
0.12 Acres
Land Area
5 Units
Unit Count
3,528 SF
Property Size

Offering Summary

Investment Overview

179 Dalma Dr is a stunning 5-unit multifamily investment opportunity located within walking distance to Downtown Mountain View's Castro Street. Situated on a 5,278 square foot parcel of land, the subject property was originally constructed in 1950 and features a gross building area of approximately 3,528 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient community amenities such as private covered parking, exterior storage lockers, and an on-site laundry facility. Additionally, select units feature upgraded unit interiors such as, granite counter tops, stainless steel appliances, hardwood flooring, tile flooring, ceiling fans, updated cabinetry, dishwasher and much more. Mountain View is well-positioned and rests directly below Palo Alto, one of the strongest residential markets in all of California. The city of Mountain View has been credited with many of the new technologies and markets originating in Silicon Valley. While leading the region in innovation and ideas, Mountain View harbors some of the nation’s top tech employers including Google, Microsoft, LinkedIn, Symantec, OpenAi and Intuit to name a few. In addition to the stunning Googleplex, (Google Headquarters) located only 3.2 miles away, the subject property is also located within walking distance to Downtown Mountain View (seven blocks) and San Antonio Shopping Center (2.2 mile). Downtown Mountain View and Castro Street play a unique role within the community and offer more than 20 retailers and 70 restaurants. The downtown area boasts the City Civic Center and Center of Performing Arts landmark, providing a myriad of high-end dining, shopping and entertainment options. The investment appeal of this asset is driven by Mountain View’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 179 Dalma Dr is a highly coveted place to call home for South Bay renters due to its close proximity to major employers, transportation corridors, as well as its extensive dining, shopping, and entertainment options.


Investment Highlights

  • -Prime Multifamily Asset Near Downtown Mountain View - Investors have the
  • opportunity to acquire a well-situated multifamily asset located within walking
  • distance of Downtown Mountain View.
  • Proximity to Downtown Lifestyle Amenities - The subject property offers close
  • proximity to countless lifestyle amenities in its downtown district such as the
  • over 20 boutique retailers and over 70 high-end restaurants.
  • Updated Unit Interiors - Select units feature upgraded unit interiors including,
  • granite counter tops, stainless steel appliances, hardwood flooring, tile flooring,
  • ceiling fans, updated cabinetry, dishwasher and much more.
  • Desirable Unit Mix - The subject property offers tenants highly desirable twobedroom and one-bedroom floor plans.
  • Convenient Community Amenities - 179 Dalma Dr features convenient
  • community amenities such as private covered parking, exterior storage lockers,
  • and on-site laundry.

How it Works

Need Help?

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Listing Syndicated From

Buildout
Accepting Offers
$2,480,000
Asking Price

Investment Sales Broker

Adam Levin
Levin Johnston

Market Insights