The Mayfield Apartments: 40-unit garden community on 1.45 acres in north Mountain View, bordered by Google's X campus and a 2-minute walk to San Antonio Caltrain. Assumable $8.6M loan at 3.50% fixed to 6/2028. Four 2-story buildings (1959/60) hold 6 studios, 28 one-bedrooms and 6 two-bedrooms around landscaped courtyards and… Read More a pool. Private fenced yards at 20 units, vaulted ceilings in 20, LVP floors in 29, dishwashers in 16. New 125-amp subpanels in all 40 units (2026), new wall furnaces in 24, exterior paint and carport roofs 2024. 3 laundry rooms, 5 storage rooms, 53 parking spaces, on-site manager. 95% occupied. Current NOI $833,368 = 5.5% cap / 11.8 GRM; in-place rents 14.6% below market for 6.6% pro forma cap. Four separate APNs. Minutes to Google, Intuit, Microsoft, NASA Ames, Stanford and US-101. Do not disturb residents; open house Wed 10/28, 10 AM-3 PM; other tours by appointment with listing agent. Read Less
Courtesy of Magnify Real Estate, Eric Katz 408-317-0187
Listing Snapshot
Days Online
1
Last Updated
Property Type
Five Or More Units
Square Ft.
23,827
Lot Size
1.45 Acres
Year Built
1959
MLS Number
ML82065880
30 Days Snapshot Of 94043
$1.75M
+4%
(avg) sold price
27
+22%
homes sold
20
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 62982.00, Max Area Units: Square Feet, Lot is 1.445867768595 acres
Accessibility Features
None
Amenities
Misc. amenities: Vaulted Ceiling, HOA amenities: Additional Storage, Community Pool, Garden / Greenbelt / Trails
Unit One
Rent: $2,279
Unit Two
Rent: $1,571, bedroom 1
Unit Three
Rent: $2,632, bedrooms: 2
Building
23,827 structure square feet, Age: 67, Built in 1959, 4 buildings, Construction type: Wood Frame, 40 minimum units in complex
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