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Off market
  • $2,523,500

    631 Fairmont Ave, Mountain View, CA 94041

    --beds
    0baths
    2,418sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $2,523,500 Zestimate®
    $1,044/sqft
    $3,661 Estimated rent

    Home value

    $2,523,500

    $2.30M - $2.75M

    $3,661/mo

    Zestimate® history
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    $3,661/mo

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    $3,661/mo

    Rent Zestimate®

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    $16,749/mo

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    $16,749/mo

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    What's special

    Great Investment Opportunity, currently OVER 4% CAP rate, in Beautiful Downtown Mountain View! Triplex consists of three 2bd/1ba units. All Units FULLY Rented @ $3500 per month on one year leases. Gross income currently $128,000. Opportunity to increase income through rubs. Each unit has it's own carport, separately metered for gas/electricity. Unique opportunity to own a rental in this beautiful & walkable neighborhood. 1-minute walk from all the hot spots of Castro Street in Downtown Mountain View. Finishes include stainless steel appliances, Custom cabinetry, Quartz counter tops with tile back splash, beautifully updated bathrooms recessed lighting & wood floors. Private storage in each carport, coin op laundry room in the building. Neighborhood has endless choices for dining, shopping, entertainment. Hot foodie haunts include: Doppio Zero, Eureka! Chez TJ & Cascal. Spend your weekends at the Klein Park or Pioneer Memorial Park. Very close to Caltrain/Highways for an easy commute.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    • Laundry: Coin Operated
    Features
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,418 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Stucco
    Lot
    • Size: 5,135 Square Feet
    Details
    • Parcel number: 15806014

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1955

    Utilities & green energy

    • Utilities for property: Public Utilities, Individual Electric Meters

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $200 monthly
    Location
    • Region: Mountain View

    Financial & listing details

    • Price per square foot: $1,044/sqft
    • Tax assessed value: $2,673,892

    Price history

    DateEventPrice
    6/13/2019Sold$2,350,000+0.1%$972/sqft
    Source: MLSListings Inc #ML81749714 Report a problem
    5/1/2019Listed for sale$2,348,000+2.2%$971/sqft
    Source: Realty World Dominion #ML81749714 Report a problem
    4/6/2019Listing removed$3,500$1/sqft
    Source: Owner Report a problem
    3/7/2019Listed for rent$3,500$1/sqft
    Source: Owner Report a problem
    3/6/2019Listing removed$2,298,000$950/sqft
    Source: Realty World Dominion #ML81737835 Report a problem
    2/22/2019Price change$2,298,000-4.2%$950/sqft
    Source: Realty World Dominion #ML81737835 Report a problem
    2/6/2019Price change$2,398,000-6%$992/sqft
    Source: Realty World Dominion #ML81737835 Report a problem
    1/24/2019Price change$2,550,000-4.9%$1,055/sqft
    Source: Vanguard Properties #479386 Report a problem
    1/4/2019Price change$2,680,000-4.3%$1,108/sqft
    Source: Vanguard Properties #479386 Report a problem
    12/10/2018Listed for sale$2,800,000+41.2%$1,158/sqft
    Source: Vanguard Properties #479386 Report a problem
    5/23/2018Sold$1,983,500$820/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,673,892 +2%
    2025$30,916 +2.8%$2,621,463 +2%
    2024$30,086 +1%$2,570,063 +2%
    2023$29,778 +0.3%$2,519,671 +2%
    2022$29,700 +2.5%$2,470,267 +2%
    2021$28,972 -0.1%$2,421,832 +1%
    2020$29,013 $2,397,000 +18.5%
    2019$29,013 +573%$2,022,999 +499.2%
    2018$4,311 $337,628 +2%
    2017$4,311 +4.1%$331,009 +2%
    2016$4,141 +7.1%$324,519 +1.5%
    2015$3,865 +0.9%$319,646 +2%
    2014$3,833 $313,385 +0.5%
    2013-- $311,969 +2%
    2012-- $305,853 +2%
    2011-- $299,857 +0.8%
    2010-- $297,617 -0.2%
    2009-- $298,325 +2%
    2008-- $292,477 +2%
    2007-- $286,743 +2%
    2006-- $281,121 +2%
    2005-- $275,610 +2%
    2004-- $270,207 +1.9%
    2003-- $265,256 +2%
    2002-- $260,056 +2%
    2001-- $254,958
    Find assessor info on the county website

    Neighborhood: Old Mountain View

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,523,500
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    Estimated market value
    $2,523,500