620 Alamo Court
620 Alamo Court Mountain View, California 94043 United States

$11,925,000
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Listing Courtesy of Marcus & Millichap
$11,925,000
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19,318 Sq Ft.
Interior
40,946.4 Acres
Exterior
Commercial
Property type
1974
Year Built
ML81873808
Web Id
ML81873808
MLS ID
Mountain View-Los Altos Union
School District
15
days ago

About 620 Alamo Court

Alamo Park is a stunning 25-unit, value add and development opportunity located in the thriving city of Mountain View, Ca. The subject property is located in the heart of Mountain View and is well positioned for Signifiant added value through redevelopment. The current zoning of R3-1 allows for a maximum of 30 single family homes to be built upon approval from the city*. Alternatively, the subject property is also available for a potential condo conversion*. Alamo Park allows the investor to operate the property in the interim as apartments for cash ow while simultaneously taking the property through the process of getting approval for 8 potential tuck under Accessory Dwelling Units (ADUs). This asset has the potential to build ADUs within an existing structure during mandatory seismic retrofitting*. This may also allow the property to exceed residential density limits allowing for greater cash flow. * Current and proforma metrics are based on 8 proposed ADU scenario.

Listing Courtesy of Adam S. Levin , Marcus & Millichap

PROPERTY INFORMATION

Cooling
Ceiling Fan(s)
Heating
Wall Furnace
Parking Description
Assigned

EXTERIOR

Roofing
Rolled/Hot Mop
Listing Courtesy of Marcus & Millichap
Listing Courtesy of Marcus & Millichap
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