245 Bush St

Mountain View, CA 94041

$7,000,000
Last Sold Price
—
Beds
—
Baths
15,964 Sq. Ft.
$438 / Sq. Ft.
15,964
Sq. Ft.
$438
per Sq. Ft.
Sold 4/17/24
Sold 4/17/24
a view of a house with a yard
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an aerial view of multiple house
a view of a chair and table in backyard of the house
a patio with a table and chairs and potted plants
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an empty room with wooden floor and windows
a living room with furniture and a floor to ceiling window
a kitchen with a sink cabinets stainless steel appliances and a window
a kitchen with cabinets appliances and a sink
a kitchen with a white stove top oven and cabinets
a view of empty room with wooden floor and fan
a view of an empty room with wooden floor
a view of a dining room with furniture
a kitchen with a dining table chairs cabinets and stainless steel appliances
a bedroom with two beds and a chandelier
a bedroom with a bed and a closet
a bathroom with a granite countertop sink a toilet and a bathtub
a bathroom with a sink toilet and shower
a bathroom with a sink a toilet and shower
a bathroom with a sink a toilet and shower
a bed room with furniture and a window
a view of a building with a swimming pool
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an aerial view of residential building with outdoor space

Description

Improved Price! The Monte Vista Garden Apartments is a generational opportunity to acquire a 24-unit community in the desirable downtown Mountain View submarket. The offering consists of (1) 2+1; (22) 1+1; and (1) Studio which are all generously sized and many offer pool views. Exterior improvements include a newer coat of paint, copper plumbing, and the roof is being replaced. Mountain View's vibrant tech scene and innovative companies have made it a sought-after destination for professionals looking...Improved Price! The Monte Vista Garden Apartments is a generational opportunity to acquire a 24-unit community in the desirable downtown Mountain View submarket. The offering consists of (1) 2+1; (22) 1+1; and (1) Studio which are all generously sized and many offer pool views. Exterior improvements include a newer coat of paint, copper plumbing, and the roof is being replaced. Mountain View's vibrant tech scene and innovative companies have made it a sought-after destination for professionals looking to be at the forefront of entrepreneurship. The property also offers unparalleled access and connectivity to Silicon Valley being two blocks from the Mountain View Transit Center pairing VTA and Caltrain routes. Boasting a Walk Score of 95, tenants benefit from an impressive array of conveniences within walking distance including dining and retail, of Castro Street, Public Library, Farmers Market, and Pioneer Memorial and Eagle Parks. Exceptional renter demographics.
  1. Listed by Joel Hopman • DRE #01934574 • Brokerage DRE #00586119 • Newmark Cornish & Carey • 415-722-2200

Property Details for 245 Bush Street

MLS City Name
MOUNTAIN VIEW
Building Type
Other
Complex Name
Monte Vista Garden Apartments
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 04/17/2024 03:12 PM

Property Details for 245 Bush Street

StatusSold
MLS #ML81946812
Days on Compass124
Taxes$94,783 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1958
Lot Size0.70 AC / 30,486 SF
CountySanta Clara County

Location

Listing Courtesy of Newmark Cornish & Carey, Joel Hopman, DRE #01934574

Sold By Newmark Cornish & Carey, Joel Hopman, DRE #01934574

Add your commute

Building Information for 245 Bush Street

Stories-Residences-Year Built1958Building Size-Lot Size0.70 AC / 30,486 SF

Payment Calculator

$42,015 per month

30 year fixed, 6.15% Interest

Principal and Interest

$34,117

Property Taxes

$7,899

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 245 Bush Street

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Cooktop - Gas, Countertop - Stone, Countertop - Tile, Garbage Disposal, Microwave
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 15964
  • Pool: Yes
  • Pool Type: Pool - Fenced, Pool - In Ground
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • 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: 24
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Amenities: Additional Storage, BBQ Area, Community Pool
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 24
  • Area Text: Downtown Mountain View
  • Restrictions: None
  • Roof: Bitumen, Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 245
  • Street Name: Bush
  • Street Suffix: Street
  • Area ID: 207
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 15964
  • Structure SqFt Source: Assessor
  • Age: 65
Development Information
  • Zoning Detail: R3-2.5*
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 158-35-012
  • County Name: Santa Clara
  • City Name: MOUNTAIN VIEW
  • City Postal ID: 41
  • Postal Code: 94041
  • Elementary School District: 465
  • High School District Text: Mountain View-Los Altos Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .70
  • 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: 23
General Information
  • Annual Tax Amount: $94,783
  • Capitalization Rate: 4.06
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents, Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $10,044
  • Expense Landscape: $14,032
  • Expense Maintenance: $30,308
  • Expense Management: $47,028
  • Expense Trash: $9,423
  • Expenses Other: $18,770
  • Expenses Utility: $36,281
  • Expenses Total: $260,669
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Pool/Spa, Maintenance - Repair, Services - Gardener, Services - On-Site Manager, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 13.28
  • Income Annual Gross: $587,803
  • Income Annual Rental: $599,304
  • Income Gross Scheduled: $605,982
  • Income Other: $6,678
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,130
Unit 2 Information
  • Unit 2 Approx Square Footage: 665
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,928
Unit 3 Information
  • Unit 3 Approx Square Footage: 630
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,835
Unit 4 Information
  • Unit 4 Approx Square Footage: 640
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $0
Unit 5 Information
  • Unit5 Full Baths: 1
  • Unit5 Half Baths: 0
Unit Type 1
  • Unit Type1 Approx SqFt: 850

Property History for 245 Bush Street

DateEvent & SourcePriceAppreciation
Apr 17, 2024

Sold

EBRD #ML81946812

$7,000,000—
Apr 17, 2024

Sold

MLSListings #ML81946812

$7,000,000—
Apr 12, 2024

Sold (Public Record)

Public Record #1531898515

$7,000,000—
Mar 4, 2024

Pending

MLSListings #ML81946812

—
Mar 4, 2024

Pending

EBRD #ML81946812

—
Mar 4, 2024

Contingent - Show

MLSListings #ML81946812

—
Feb 7, 2024

Price Change

EBRD #ML81946812

$8,050,000—
Feb 7, 2024

Price Change

MLSListings #ML81946812

$8,050,000—
Nov 1, 2023

Listed (Active)

EBRD #ML81946812

$8,490,000—
Nov 1, 2023

Listed (Active)

MLSListings #ML81946812

$8,490,000—
DateEvent & SourcePrice
04/17/2024

Sold

EBRD #ML81946812

$7,000,000
04/17/2024

Sold

MLSListings #ML81946812

$7,000,000
04/12/2024

Sold (Public Record)

Public Record #1531898515

$7,000,000
03/04/2024

Pending

MLSListings #ML81946812

—
03/04/2024

Pending

EBRD #ML81946812

—
03/04/2024

Contingent - Show

MLSListings #ML81946812

—
02/07/2024

Price Change

EBRD #ML81946812

$8,050,000
02/07/2024

Price Change

MLSListings #ML81946812

$8,050,000
11/01/2023

Listed (Active)

EBRD #ML81946812

$8,490,000
11/01/2023

Listed (Active)

MLSListings #ML81946812

$8,490,000

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

Public Records for 245 Bush Street

Taxable ValueLand$147,139Additions$497,643Total$644,782
Tax Record2025$85,106 ($7,092 / month)
Home Facts
Total Finished SqFt15,964 SqFtAbove Grade Finished SqFt15,964 SqFtStories2Lot Size30,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningR3-2*CountySANTA CLARAAPN158-35-012Fireplace TypeHas Fireplace

Schools near 245 Bush Street

This home is within Mountain View Whisman School District.
Rating
School
Type
Grades
Distance
Edith Landels Elementary School
Public - K to 5
Isaac Newton Graham Middle School
Public - 6 to 8
Mountain View High School
Public - 9 to 12
Jose Antonio Vargas Elementary
Public - K to 5
Rating
School
Distance
Edith Landels Elementary School
PublicK to 5

Isaac Newton Graham Middle School
Public6 to 8

Mountain View High School
Public9 to 12

Jose Antonio Vargas 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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Listing Courtesy of Newmark Cornish & Carey, Joel Hopman, DRE #01934574

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.