1851 Latham St

Beds
Baths
3,776 Sq. Ft.
$728 / Sq. Ft.
3,776
Sq. Ft.
$728
per Sq. Ft.

Description

Wonderful Mountain View fourplex with four large 2-bed/1-bath units with patios totaling 3,776 Sq Ft. Gross rent of $12,000+ per month. Feeds into Los Altos High. Each unit has a large laundry room with full size washer and dryer and has been renovated with laminate flooring, kitchen appliances, cabinets, countertops, backsplash, and bathroom fixtures. Exterior improvements include dual pane windows and new roof. Tenants pay PG&E and reimburse owner for water, sewer, and trash. Opportunity to add...Wonderful Mountain View fourplex with four large 2-bed/1-bath units with patios totaling 3,776 Sq Ft. Gross rent of $12,000+ per month. Feeds into Los Altos High. Each unit has a large laundry room with full size washer and dryer and has been renovated with laminate flooring, kitchen appliances, cabinets, countertops, backsplash, and bathroom fixtures. Exterior improvements include dual pane windows and new roof. Tenants pay PG&E and reimburse owner for water, sewer, and trash. Opportunity to add further value by continuing the repositioning of the property to the preferences of Silicon Valley technology employees. Located 2.5 miles from Google's headquarters and walking distance to Whole Foods, San Antonio Shopping Center, and Caltrain San Antonio Station. The renovated units, great schools, proximity to Silicon Valley employers, and value-add potential make 1851 Latham Street a great opportunity for both the cash flow and appreciation-minded investor. Offering Memorandum available.
  1. Listed by Ismael Benhamida • DRE #01722847 • Brokerage DRE #01527235 • Compass • (408) 373-6195
  2. Listed by Sydney Huang • DRE #01439794 • Favorite Properties

Property Details for 1851 Latham Street

MLS City Name
MOUNTAIN VIEW
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
4
Cross Street
Escuela Avenue
LISTING UPDATED: 10/03/2023 10:54 PM

Property Details for 1851 Latham Street

StatusSold
MLS #ML81875662
Days on Compass12
Taxes$32,529 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1950
Lot Size0.16 AC / 7,019 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Ismael Benhamida, DRE #01722847; Favorite Properties, Sydney Huang, DRE #01439794

Sold By Top Mission Realty & Invest, Charlie Chiou, DRE #02011970

Add your commute

Building Information for 1851 Latham Street

Stories2Residences4Year Built1950Building Size-Lot Size0.16 AC / 7,019 SF

Payment Calculator

$16,114 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,403

Property Taxes

$2,711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1851 Latham Street

Features
External Links
Room Information
  • Kitchen: Countertop - Granite, Freezer, Garbage Disposal, Oven Range - Gas, Refrigerator
Features
  • Communications: Cable TV
  • Fireplace: No
  • Flooring: Laminate
  • Laundry: Washer / Dryer
  • Living SqFt: 3776
  • Pool: No
  • 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: 4
Garage
  • Garage and Parking: Assigned Spaces, Common Parking Area, Covered Parking, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Downtown Mountain View
  • Roof: Composition
  • Stories: 2.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1851
  • Street Name: Latham
  • Street Suffix: Street
  • Area ID: 207
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3776
  • Structure SqFt Source: Assessor
  • Age: 72
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R3-25
Location Information
  • City Limits: Yes
  • Parcel Number: 154-35-016
  • County Name: Santa Clara
  • City Name: MOUNTAIN VIEW
  • City Postal ID: 41
  • Postal Code: 94041
  • Elementary School: 162
  • Elementary School District: 465
  • Middle School Text: Isaac Newton Graham Middle
  • High School District Text: Mountain View-Los Altos Union High
  • High School Text: Los Altos High
Lot Information
  • Foundation: Concrete Perimeter, Foundation Pillars
  • Horse Property: No
  • Lot Acres: .16
  • Lot Description: Grade - Mostly Level, Paved
  • 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: 3
General Information
  • Annual Tax Amount: $32,529
  • Building Unit Total: 4
  • Capitalization Rate: 3.48
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $1,200
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $1,707
  • Expenses Other: $5,027
  • Expenses Utility: $3,559
  • Expenses Total: $49,022
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener
  • Gross Rent Multiplier: 18.42
  • Income Annual Gross: $144,802
  • Income Annual Rental: $146,400
  • Income Gross Scheduled: $149,280
  • Income Other: $2,880
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 9000
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,000
Unit 3 Information
  • Unit 3 Approx Square Footage: 900
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $3,000
Unit 4 Information
  • Unit 4 Approx Square Footage: 900
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 900
Listing Info
Rental Info
  • Lease Type: Net

Property History for 1851 Latham Street

DateEvent & SourcePriceAppreciation
Feb 10, 2022

Sold

EBRD #ML81875662

$2,750,000
Feb 10, 2022

Sold

MLSListings #ML81875662

$2,750,000
Feb 10, 2022

Sold

RESFAR #81875662

$2,750,000
Feb 8, 2022

Sold (Public Record)

Public Record #1483049132

$2,750,000

+14.2% / yr

Feb 6, 2022

Pending

RESFAR #81875662

Feb 6, 2022

Pending

MLSListings #ML81875662

Feb 6, 2022

Pending

EBRD #ML81875662

Jan 25, 2022

Listed (Active)

MLSListings #ML81875662

$2,750,000
Jan 25, 2022

Listed (Active)

EBRD #ML81875662

$2,750,000
Mar 27, 2021

Sold (Public Record)

Public Record #693894259

$2,450,000
Mar 27, 2021

Sold (Public Record)

Public Record #1455212265

$2,450,000

+5.0% / yr

Jan 21, 2014

Sold

RESFAR #81341847

$1,725,000
Jan 21, 2014

Sold

SDMLS #ML81341847

$1,725,000
Jan 21, 2014

Sold

EBRD #ML81341847

$1,725,000
Jan 21, 2014

Sold

MLSListings #ML81341847

$1,725,000
Dec 30, 2013

Sold (Public Record)

Public Record #396650715

$1,725,000

+45.2% / yr

Dec 16, 2013

Pending

MLSListings #ML81341847

Dec 16, 2013

Pending

RESFAR #81341847

Dec 16, 2013

Pending

EBRD #ML81341847

Nov 25, 2013

Listed (Active)

RESFAR #81341847

$1,685,000
Nov 25, 2013

Listed (Active)

EBRD #ML81341847

$1,685,000
Nov 25, 2013

Listed (Active)

SDMLS #ML81341847

$1,685,000
Nov 25, 2013

Listed (Active)

MLSListings #ML81341847

$1,685,000
Oct 31, 2013

Withdrawn

RESFAR #81332679

$1,800,000
Oct 16, 2013

Withdrawn

MLSListings #ML81332679

Oct 16, 2013

Withdrawn

EBRD #ML81332679

Sep 4, 2013

Listed (Active)

MLSListings #ML81332679

$1,800,000
Sep 4, 2013

Listed (Active)

RESFAR #81332679

$1,800,000
Sep 4, 2013

Listed (Active)

EBRD #ML81332679

$1,800,000
Oct 13, 2011

Sold (Public Record)

Public Record #317563569

$755,000
DateEvent & SourcePrice
02/10/2022

Sold

EBRD #ML81875662

$2,750,000
02/10/2022

Sold

MLSListings #ML81875662

$2,750,000
02/10/2022

Sold

RESFAR #81875662

$2,750,000
02/08/2022

Sold (Public Record)

Public Record #1483049132

$2,750,000

+14.2% / yr

02/06/2022

Pending

RESFAR #81875662

02/06/2022

Pending

MLSListings #ML81875662

02/06/2022

Pending

EBRD #ML81875662

01/25/2022

Listed (Active)

MLSListings #ML81875662

$2,750,000
01/25/2022

Listed (Active)

EBRD #ML81875662

$2,750,000
03/27/2021

Sold (Public Record)

Public Record #693894259

$2,450,000
03/27/2021

Sold (Public Record)

Public Record #1455212265

$2,450,000

+5.0% / yr

01/21/2014

Sold

RESFAR #81341847

$1,725,000
01/21/2014

Sold

SDMLS #ML81341847

$1,725,000
01/21/2014

Sold

EBRD #ML81341847

$1,725,000
01/21/2014

Sold

MLSListings #ML81341847

$1,725,000
12/30/2013

Sold (Public Record)

Public Record #396650715

$1,725,000

+45.2% / yr

12/16/2013

Pending

MLSListings #ML81341847

12/16/2013

Pending

RESFAR #81341847

12/16/2013

Pending

EBRD #ML81341847

11/25/2013

Listed (Active)

RESFAR #81341847

$1,685,000
11/25/2013

Listed (Active)

EBRD #ML81341847

$1,685,000
11/25/2013

Listed (Active)

SDMLS #ML81341847

$1,685,000
11/25/2013

Listed (Active)

MLSListings #ML81341847

$1,685,000
10/31/2013

Withdrawn

RESFAR #81332679

$1,800,000
10/16/2013

Withdrawn

MLSListings #ML81332679

10/16/2013

Withdrawn

EBRD #ML81332679

09/04/2013

Listed (Active)

MLSListings #ML81332679

$1,800,000
09/04/2013

Listed (Active)

RESFAR #81332679

$1,800,000
09/04/2013

Listed (Active)

EBRD #ML81332679

$1,800,000
10/13/2011

Sold (Public Record)

Public Record #317563569

$755,000

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

Public Records for 1851 Latham Street

Taxable ValueLand$2,122,416Additions$795,906Total$2,918,322
Tax Record2025$34,567 ($2,881 / month)
Home Facts
Total Finished SqFt3,776 SqFtAbove Grade Finished SqFt3,776 SqFtStories2Lot Size6,534 SqFtStyleQuadraplexYear Built1950ZoningR3-25CountySANTA CLARAAPN154-35-016Fireplace TypeHas Fireplace

Schools near 1851 Latham 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
Mariano Castro Elementary School
PublicK to 5

Isaac Newton Graham Middle School
Public6 to 8

Los Altos 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, Ismael Benhamida, DRE #01722847; Favorite Properties, Sydney Huang, DRE #01439794

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.