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 Significant 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*. * Current and pro forma metrics are based on 8 proposed ADU scenario.
Sold for $12,100,000
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Sold | $12,100,000+1.5%$626/sqft |
Source: Public Record Report a problem | ||
| 4/22/2022 | Listing removed | -- |
Source:  MLSListings Inc Report a problem | ||
| 1/7/2022 | Listed for sale | $11,925,000+20.6%$617/sqft |
Source: MLSListings Inc #ML81873808 Report a problem | ||
| 3/18/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/8/2021 | Price change | $1,828-4.8% |
Source: Zillow Rental Manager Report a problem | ||
| 2/16/2021 | Price change | $1,920+10% |
Source: Zillow Rental Manager Report a problem | ||
| 1/13/2021 | Price change | $1,745-9.1% |
Source: Zillow Rental Manager Report a problem | ||
| 12/16/2020 | Listed for rent | $1,920 |
Source: Zillow Rental Manager Report a problem | ||
| 1/23/2019 | Sold | $9,884,000$512/sqft |
Source: Public Record Report a problem | ||
