236 Higdon Avenue, Mountain View, California 94041, Mountain View, 94041 - bed, bath
ACTIVE$2,349,000
236 Higdon Avenue, Mountain View, California 94041
0Bed
0Bath
2,778Sqft
10,225Lot
Year Built
1950
Close
-
List price
$2.35M
Original List price
$2.35M
Price/Sqft
$846
HOA
-
Days on market
-
Sold On
-
MLS number
ML82028487
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $2.35M(60th), sqft - 2778(80th), beds - undefined(50th), baths - undefined(50th).
Great Investment Opportunity on This Rare Single Level Fourplex*Top Rated Schools*Two 2 Bedroom 1 Bath Units*Two 1 Bedroom 1 Bath*Spacious Backyard in the Two Bedroom Unit 1*Covered Assigned Parking*Updated Units 3 & 4*New Roof *Covered Porch*Units 2 & 4 Are Currently Leased*Individually Metered for Gas & Water*Dual Pane Windows *Close Proximity to Downtown Mountain Views*Drought Tolerant Plants*Easier Financing Available*Laundry Room for Add Value*Easy Access to Freeways*Wont Last Long!
Nearby schools
7/10
Gabriela Mistral Elementary
Public,•K-5•0.3mi
5/10
Mariano Castro Elementary School
Public,•K-5•0.3mi
7/10
Benjamin Bubb Elementary School
Public,•K-5•1.4mi
6/10
Isaac Newton Graham Middle School
Public,•6-8•1.2mi
8/10
Los Altos High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
12/01/25
Listing
$2,349,000
07/14/20
Sold
$1,880,000
12/27/16
Sold
$1,488,000
02/25/99
Sold
$562,000
07/22/97
Sold
$450,000
Condition Rating
Fair
The property, built in 1950, presents a mixed condition. While the listing mentions a new roof and dual-pane windows, and images show two units (likely 3 & 4 as per description) have been updated with modern bathrooms (marble-look tile, contemporary vanities) and flooring, other units clearly retain very outdated features. Specifically, one bathroom image displays brown/orange tiled walls and an older vanity, indicating it has not been renovated in decades. The lack of kitchen images for all units makes a full assessment challenging, but it's reasonable to assume the un-updated units' kitchens would also be dated. Therefore, while some parts are move-in ready, the property as a whole requires minor to moderate updates in the un-renovated units to bring them to current standards, aligning with a 'Fair' condition.
Pros & Cons
Pros
Prime Location & Accessibility: Situated in highly desirable Mountain View, offering close proximity to Downtown amenities, top-rated schools, and easy freeway access, enhancing tenant appeal and property value.
Robust Investment Opportunity: A rare single-level fourplex, explicitly marketed as an investment, with two units already leased, providing immediate income generation.
Recent Major Capital Improvements: Features a new roof and updated units (3 & 4), significantly reducing immediate capital expenditure for a new owner.
Operational Efficiency & Tenant Appeal: Individually metered for gas and water, reducing landlord utility costs, complemented by dual-pane windows for energy efficiency and covered assigned parking.
Value-Add Potential: Includes a dedicated laundry room, presenting an opportunity for additional income streams, and a spacious backyard for one unit, enhancing tenant desirability.
Cons
Property Age & Potential Deferred Maintenance: Built in 1950, the property's age suggests potential for outdated systems (e.g., plumbing, electrical) in un-updated units, which could lead to future maintenance costs.
Inconsistent Unit Modernization: While units 3 & 4 are updated, the lack of mention for units 1 & 2 implies they may require significant renovation to match modern standards and maximize rental income.
High Acquisition Cost: The list price of $2.349M represents a substantial investment, potentially leading to a lower initial capitalization rate compared to properties in less competitive markets.