1140 Castro St

Mountain View, CA 94040

$13,500,000
Price
—
Beds
—
Baths
56,215 Sq. Ft.
$240 / Sq. Ft.
56,215
Sq. Ft.
$240
per Sq. Ft.
Open: 2/17 12:30PM - 01:30PM
Open: 2/17 12:30PM - 01:30PM

Description

Marcus & Millichap is pleased to present Miramonte Gardens, a 61-unit garden-style apartment community located adjacent to Downtown Mountain View, Los Altos, and Cuesta Park. The property offers a rare opportunity to acquire scale in one of Silicon Valleys most supply-constrained rental markets at a low basis. Built in 1970 on approximately 1.84 acres, Miramonte Gardens consists of two two-story buildings totaling roughly 56,215 square feet, arranged around a central courtyard and swimming pool....Marcus & Millichap is pleased to present Miramonte Gardens, a 61-unit garden-style apartment community located adjacent to Downtown Mountain View, Los Altos, and Cuesta Park. The property offers a rare opportunity to acquire scale in one of Silicon Valleys most supply-constrained rental markets at a low basis. Built in 1970 on approximately 1.84 acres, Miramonte Gardens consists of two two-story buildings totaling roughly 56,215 square feet, arranged around a central courtyard and swimming pool. The property comprises 37 two-bedroom, two-bath units and 24 one-bedroom, one-bath units.
  1. Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap • 408-483-5040

Property Details for 1140 Castro Street

MLS City Name
MOUNTAIN VIEW
Building Type
Other
Complex Name
Miramonte Gardens
Garage Spaces
0
Parking Spaces
45
Cross Street
Miramonte Avenue

Open Houses

Tuesday, Feb 17th

12:30 PM - 1:30 PM

Public

Thursday, Feb 19th

12:30 PM - 1:30 PM

Public

LISTING UPDATED: 02/13/2026 12:20 AM

Property Details for 1140 Castro Street

StatusActive
MLS #ML82034421
Days on Compass3
Taxes$159,123 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1970
Lot Size1.84 AC / 80,150 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152
Add your commute

Building Information for 1140 Castro Street

Stories-Residences-Year Built1970Building Size-Lot Size1.84 AC / 80,150 SF

Payment Calculator

$79,057 per month

30 year fixed, 6.15% Interest

Principal and Interest

$65,797

Property Taxes

$13,260

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1140 Castro Street

Features
Features
  • Fireplace: No
  • Living SqFt: 56215
  • Pool: Yes
  • Pool Type: Pool - Fenced
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 73
Garage
  • Garage and Parking: Assigned Spaces, Common Parking Area, Covered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 61
  • Area Text: Miramonte
  • Restrictions: None
  • Roof: Bitumen, Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1140
  • Street Name: Castro
  • Street Suffix: Street
  • Area ID: 209
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 56215
  • Structure SqFt Source: Assessor
  • Age: 56
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R3-1*
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 189-61-021
  • County Name: Santa Clara
  • City Name: MOUNTAIN VIEW
  • City Postal ID: 41
  • Postal Code: 94040
  • Elementary School: 161
  • Elementary School District: 465
  • Middle School Text: Isaac Newton Graham Middle
  • High School District Text: Mountain View-Los Altos Union High
  • High School Text: Mountain View High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: 1.84
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 61
General Information
  • Annual Tax Amount: $159,123
  • Capitalization Rate: 3.71
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $48,800
  • Expense Landscape: $9,600
  • Expense Maintenance: $30,500
  • Expense Management: $41,828
  • Expense Trash: $85,733
  • Expenses Other: $78,006
  • Expenses Utility: $91,051
  • Expenses Total: $544,641
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Pool/Spa, Maintenance - Repair, Services - Gardener, Services - Janitor, Services - Trash Removal, Telephone, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 12.91
  • Income Annual Gross: $1,045,717
  • Income Annual Rental: $1,035,096
  • Income Gross Scheduled: $1,045,717
  • Income Other: $10,621
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,322
Unit 2 Information
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,473

Property History for 1140 Castro Street

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

EBRD #ML82034421

$13,500,000—
Feb 10, 2026

Listed (Active)

MLSListings #ML82034421

$13,500,000—
DateEvent & SourcePrice
02/10/2026

Listed (Active)

EBRD #ML82034421

$13,500,000
02/10/2026

Listed (Active)

MLSListings #ML82034421

$13,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1140 Castro Street

Taxable ValueLand$483,083Additions$2,124,548Total$2,607,631
Tax Record2025$33,309 ($2,776 / month)
Home Facts
Total Finished SqFt56,215 SqFtAbove Grade Finished SqFt56,215 SqFtStories2Lot Size80,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1970ZoningR3-1*CountySANTA CLARAAPN189-61-021Fireplace TypeHas Fireplace

Schools near 1140 Castro Street

This home is within Mountain View Whisman School District.
Rating
School
Type
Grades
Distance
Benjamin Bubb Elementary School
Public - K to 5
Isaac Newton Graham Middle School
Public - 6 to 8
Mountain View High School
Public - 9 to 12
Gabriela Mistral Elementary
Public - K to 5
Rating
School
Distance
Benjamin Bubb Elementary School
PublicK to 5

Isaac Newton Graham Middle School
Public6 to 8

Mountain View High School
Public9 to 12

Gabriela Mistral Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1140 Castro Street, Mountain View, CA 94040

1140 Castro Street is for sale in Mountain View, CA 94040. This property was listed for sale on February 10, 2026 by Marcus & Millichap, it's currently listed at $13,500,000. This listing's school districts are Mountain View Whisman School District, Mountain View-Los Altos Union High School District. Nearby schools include Benjamin Bubb Elementary School, Isaac Newton Graham Middle School and Mountain View High School. 1140 Castro Street is a 0-bed, 0-bath, 56,215 sqft built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.