256 Pettis Ave
- Centrally located in Silicon Valley, just north of San Jose and south of San Francisco, with convenient access to major employers and top educational institutions
- Short distance to Downtown Mountain View and Castro Street, offering a vibrant mix of dining, retail, and entertainment options
- Excellent connectivity with nearby access to the Mountain View Caltrain Station and major highways (US-101, CA-85, and Central Expressway)
- Situated in a highly desirable residential neighborhood known for strong rental demand and long-term tenant stability
- Proximity to leading tech campuses, including Google, LinkedIn, and other major Silicon Valley employers
- Strong demographics with high household incomes and a well-educated tenant base
- Limited multifamily supply in the immediate area supports long-term rent growth and value appreciation
Property Description
SVN | Capital West Partners, as exclusive advisor, is pleased to present an exceptional investment opportunity featuring a five-unit multifamily property comprised of one spacious front unit with three bedrooms and two bathrooms, two one-bedroom/one-bath units, and two studio units. The property offers stable in-place income with immediate cash flow, along with a compelling value-add opportunity through the potential to increase rents to market levels. This combination makes it well-suited for both seasoned and new multifamily investors seeking upside. Its prime location further enhances its appeal for those looking to establish or expand their portfolio in a strong and highly desirable market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,695,000 |
| No. of Units: | 5 |
| Year Built: | 1961 |
| Lot Size: | 0.16 Acres |
| Opportunity Zone: | No |
| Price per unit: | $539,000 |
| Property Website | Click Here |
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