333 Franklin St

Beds
Baths
4,184 Sq. Ft.
$980 / Sq. Ft.
4,184
Sq. Ft.
$980
per Sq. Ft.

Description

Location ! Location ! Location ! Two investment properties 333-339 Franklin Street on a large lot ( 15000sqft ) with residential redevelopment potential in Mountain View downtown . It is only one block away from Castro Street ,Mountain View downtown . Both properties must be sold together .For 333 Franklin St , there are 8 residential . Only one unit is vacant now . Seller wants to keep it for Airbnb .All the leases are month to monthly .For 339 Franklin Street , there are offices on the site . Public...Location ! Location ! Location ! Two investment properties 333-339 Franklin Street on a large lot ( 15000sqft ) with residential redevelopment potential in Mountain View downtown . It is only one block away from Castro Street ,Mountain View downtown . Both properties must be sold together .For 333 Franklin St , there are 8 residential . Only one unit is vacant now . Seller wants to keep it for Airbnb .All the leases are month to monthly .For 339 Franklin Street , there are offices on the site . Public record shows 2 units office , but its zoning is R3. Both buildings are NOT historical . Buyer can either do remodeling and keep it as investment property or get rent income while doing entitlement . Per Mountain View City Planner , the maximum allowable density is 50 units per acre . Please refer to page 33 of the Downtown Precise Plan for the standards for these sites. These would apply to multi family development. Buyer or buyer's agent to verify it with Mountain View City .

Listing Agent

  1. Betty Shen

    Betty Shen

    Listing Agent

    Compass

    DRE #02018191

    betty.shen@compass.com

    P: (408)-747-9345

Property Details for 333 Franklin Street

MLS City Name
MOUNTAIN VIEW
Building Type
Other
Garage Spaces
3
Parking Spaces
2
LISTING UPDATED: 08/27/2021 06:30 PM

Property Details for 333 Franklin Street

StatusSold
MLS #ML81847480
Days on Compass80
Taxes$46,371 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1917
Lot Size0.19 AC / 8,438 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Betty Shen, DRE #02018191; Elite RE & Financial Group, Lina Zhou, DRE #01483342

Sold By Smart Capital, Polly Cheng, DRE #01224434

Add your commute

Building Information for 333 Franklin Street

Stories-Residences-Year Built1917Building Size-Lot Size0.19 AC / 8,438 SF

Payment Calculator

$23,847 per month

30 year fixed, 6.15% Interest

Principal and Interest

$19,983

Property Taxes

$3,864

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 333 Franklin Street

Features
Features
  • Fireplace: No
  • Living SqFt: 4184
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities
  • Water: Public, Water On Site
Carport and Parking
  • Carport Min: 5
Garage
  • Garage and Parking: Assigned Spaces, Carport, Common Parking Area, Detached Garage, Parking Area, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 10
  • Area Text: Downtown Mountain View
  • Restrictions: None
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 333
  • Street Name: Franklin
  • Street Suffix: Street
  • Area ID: 207
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 4184
  • Structure SqFt Source: Assessor
  • Age: 104
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3-3
Location Information
  • Directions: One block away from Castro Street, Mountain View downtown .
  • Parcel Number: 158-12-069
  • 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 Slab, Crawl Space, Raised
  • Lot Acres: .19
  • 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: 7
General Information
  • Annual Tax Amount: $46,371
  • Capitalization Rate: 3.30
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,800
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $49,171
  • Operating Expenses Include: None
  • Gross Rent Multiplier: 23.23
  • Income Annual Gross: $210,000
  • Income Annual Rental: $210,000
  • Income Gross Scheduled: $210,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,850
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,900
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,895
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
Unit 5 Information
  • Unit5 Full Baths: 1

Property History for 333 Franklin Street

DateEvent & SourcePriceAppreciation
Aug 26, 2021

Sold

MLSListings #ML81847480

$4,100,000
Aug 26, 2021

Sold

EBRD #ML81847480

$4,100,000
Aug 23, 2021

Pending

MLSListings #ML81847480

Aug 23, 2021

Pending

EBRD #ML81847480

Aug 23, 2021

Sold (Public Record)

Public Record #1470611839

$4,100,000
Aug 9, 2021

Price Change

EBRD #ML81847480

$4,878,888
Aug 9, 2021

Price Change

MLSListings #ML81847480

$4,878,888
Jul 16, 2021

Price Change

EBRD #ML81847480

$4,880,000
Jul 16, 2021

Price Change

MLSListings #ML81847480

$4,880,000
Jul 12, 2021

Price Change

EBRD #ML81847480

$4,999,888
Jul 12, 2021

Price Change

MLSListings #ML81847480

$4,999,888
Jul 12, 2021

Price Change

MLSListings #ML81847480

$5,000,000
Jul 12, 2021

Price Change

EBRD #ML81847480

$4,888,888
Jul 11, 2021

Price Change

MLSListings #ML81847480

$4,888,888
Jun 5, 2021

Listed (Active)

EBRD #ML81847480

$5,000,000
Jun 4, 2021

Listed (Active)

MLSListings #ML81847480

$5,000,000
DateEvent & SourcePrice
08/26/2021

Sold

MLSListings #ML81847480

$4,100,000
08/26/2021

Sold

EBRD #ML81847480

$4,100,000
08/23/2021

Pending

MLSListings #ML81847480

08/23/2021

Pending

EBRD #ML81847480

08/23/2021

Sold (Public Record)

Public Record #1470611839

$4,100,000
08/09/2021

Price Change

EBRD #ML81847480

$4,878,888
08/09/2021

Price Change

MLSListings #ML81847480

$4,878,888
07/16/2021

Price Change

EBRD #ML81847480

$4,880,000
07/16/2021

Price Change

MLSListings #ML81847480

$4,880,000
07/12/2021

Price Change

EBRD #ML81847480

$4,999,888
07/12/2021

Price Change

MLSListings #ML81847480

$4,999,888
07/12/2021

Price Change

MLSListings #ML81847480

$5,000,000
07/12/2021

Price Change

EBRD #ML81847480

$4,888,888
07/11/2021

Price Change

MLSListings #ML81847480

$4,888,888
06/05/2021

Listed (Active)

EBRD #ML81847480

$5,000,000
06/04/2021

Listed (Active)

MLSListings #ML81847480

$5,000,000

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

Public Records for 333 Franklin Street

Taxable ValueLand$2,175,476Additions-Total$2,175,476
Tax Record2025$25,935 ($2,161 / month)
Home Facts
Beds0Total Finished SqFt4,184 SqFtAbove Grade Finished SqFt4,184 SqFtStories2Lot Size7,500 SqFtStyleMiscellaneous Vacant LandYear Built1917ZoningR3-3CountySANTA CLARAAPN158-12-069

Schools near 333 Franklin Street

This home is within Mountain View Whisman School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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

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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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 Compass, Betty Shen, DRE #02018191; Elite RE & Financial Group, Lina Zhou, DRE #01483342

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.