235 Fairchild Drive

Mountain View, CA 94043

$4,600,000
Price
Beds
8,812 Sq. Ft.
$522 / Sq. Ft.
8,812
Sq. Ft.
$522
per Sq. Ft.

Description

Excellent opportunity to own a rare value-add investment property in the desirable Wagon Wheel neighborhood of Mountain View. Unit mix of (8) 2 BR 1 BA units and (4) 1 BR 1 BA units. Fully occupied with carport and on-site parking. Most units are presently rented at below market average rent providing for upside income potential. Conveniently located in the middle of Silicon Valley near large corporations such as Google, Microsoft, NASA, LinkedIn, Symantec, Alexza Pharmaceuticals, Siemens Medical...

Property Details for 235 Fairchild Drive

MLS City Name
MOUNTAIN VIEW
Building Type
Other
Garage Spaces
0
Parking Spaces
4

Location

Listing Courtesy of Integrity Bay Realty, Freddie Cacao, DRE #01330617

Property Details for 235 Fairchild Drive

StatusCanceled
MLS #ML81840729
Days on Compass31
Taxes$26,919 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Other
Year Built1962
Lot Size0.39 AC / 16,923 SF
CountySanta Clara County

Contact a Compass agent

Location

Listing Courtesy of Integrity Bay Realty, Freddie Cacao, DRE #01330617

Building Information for 235 Fairchild Drive

Stories-Residences-Year Built1962Building Size-Lot Size0.39 AC / 16,923 SF

Payment Calculator

$17,659 per month

30 year fixed, 2.95% Interest

Principal and Interest

$15,416

Property Taxes

$2,243

HOA Dues

$0

Property Information for 235 Fairchild Drive

Features
    Features
  • Laundry: Coin Operated
  • Living SqFt: 8812
  • Pool: No
  • Security Features: None
  • Special Features: None
    Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
    Carport and Parking
  • Carport Min: 10
    Garage
  • Garage and Parking: Carport , Off-Street Parking, On Street
Property Details
    Homeowners Association
  • HOA Exists: 0
    Property Details
  • Min Num Of Units in Complex: 12
  • Area Text: Whisman
  • Restrictions: None
  • Roof: Tar and Gravel
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 235
  • Street Name: Fairchild
  • Street Suffix: Drive
  • Area ID: 200
Lot / Property Details
    Building Information
  • Number of Buildings: 1
  • Structure SqFt: 8812
  • Structure SqFt Source: Assessor
  • Age: 59
    Development Information
  • Ownership Type: Individual
  • Zoning Detail: P(32)
    Location Information
  • Parcel Number: 160-07-010
  • County Name: Santa Clara
  • City Name: MOUNTAIN VIEW
  • City Postal ID: 41
  • Postal Code: 94043
  • Elementary School District: 465
  • High School District Text: Mountain View-Los Altos Union High
    Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .39
  • 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: 12
    General Information
  • Annual Tax Amount: $26,919
  • Capitalization Rate: 4.06
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Laundry
  • Vacancy Factor: 1
    Income / Expense Details
  • Expense Insurance: $2,662
  • Expense Landscape: $0
  • Expense Maintenance: $8,303
  • Expense Management: $0
  • Expense Trash: $5,898
  • Expenses Other: $3,762
  • Expenses Utility: $25,741
  • Expenses Total: $73,285
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Other
  • Gross Rent Multiplier: 17.70
  • Income Annual Gross: $259,955
  • Income Annual Rental: $257,555
  • Income Gross Scheduled: $259,955
  • Income Other: $2,400
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,661
    Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,439

Property History for 235 Fairchild Drive

DateEvent & SourcePriceAppreciation
May 25, 2021

Withdrawn

EBRD #ML81840729

May 25, 2021

Withdrawn

MLSListings #ML81840729

Apr 25, 2021

Listed (Active)

EBRD #ML81840729

$4,600,000
DateEvent & SourcePrice
05/25/2021

Withdrawn

EBRD #ML81840729

05/25/2021

Withdrawn

MLSListings #ML81840729

04/25/2021

Listed (Active)

EBRD #ML81840729

$4,600,000

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

Public Records for 235 Fairchild Drive

Taxable ValueLand$1,287,046Additions$923,029Total$2,210,075
Tax Record2020$26,919 ($2,243 / month)
Home Facts
Total Finished SqFt8,812 SqFtAbove Grade Finished SqFt8,812 SqFtStories2Lot Size16,470 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1962ZoningP(32)CountySANTA CLARAAPN16007010

Schools near 235 Fairchild Drive


SchoolTypeGradesDistanceRating
Yew Chung International School (Sv)PrivatePK-50.6 mi
NR
German International School of Silicon ValleyPrivateK-120.6 mi
NR
Yew Chung International School - Silicon ValleyPrivatePK-60.6 mi
NR
Adult EducationPublic1.0 mi
NR

Yew Chung International School (Sv)

PK-5, 0.6 mi, Private

NR

German International School of Silicon Valley

K-12, 0.6 mi, Private

NR

Yew Chung International School - Silicon Valley

PK-6, 0.6 mi, Private

NR

Adult Education

1.0 mi, Public

NR

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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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 expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Integrity Bay Realty, Freddie Cacao, DRE #01330617

Based on information from the San Francisco Association of Realtors as of 04/24/2021 12:00 AM, the MLSListings MLS as of 04/24/2021 12:00 AM, or the BAREIS MLS as of 04/24/2021 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/25/2021 01:53 PM