560 Yosemite Avenue, Mountain View, California 94041, Mountain View, - bed, bath

ACTIVE$2,298,000
560 Yosemite Avenue, Mountain View, California 94041
3Beds
1Bath
1,409Sqft
4,792Lot
Year Built
1928
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81964929
Home ConditionPoor
Features
ViewNeighborhood

About this home

Price History

Date
Event
Price
05/09/24
Listing
$2,298,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (14 Listings)
Beds33
50%
Baths12
33%
Square foot1,4091,488
40%
Lot Size4,7925,000
33%
Price$2.3M$2.34M
40%
Price per square foot$1,631$1,606
53%
Built year19281950
27%
HOA$110
Days on market546162
93%
Condition Rating
Poor

Built in 1928, this 96-year-old property, with only 1 bathroom for 3 bedrooms, is highly indicative of a home that requires substantial repairs and rehabilitation to meet modern standards. Without any provided images or renovation history, it's assumed that the kitchen, bathroom, electrical, plumbing, and HVAC systems are significantly outdated or original, necessitating major updates for safety, comfort, and functionality. The high list price in Mountain View likely reflects the land value rather than the condition of the existing structure.
Pros & Cons

Pros

Prime Silicon Valley Location: Situated in highly desirable Mountain View, 94041, offering unparalleled access to tech hubs, top-tier amenities, and a strong community, ensuring robust long-term value.
Historic Charm & Character: Built in 1928, the property likely boasts unique architectural details and a sense of history, appealing to buyers seeking a home with distinct character rather than a modern build.
Lot Development Potential: The 4,792 sqft lot provides ample space for potential expansion, addition of an Accessory Dwelling Unit (ADU), or significant landscaping enhancements, adding future value.
Desirable Property Type: As a single-family residence in a competitive market like Mountain View, this property type remains highly sought after by a broad range of buyers.
Neighborhood View: While not panoramic, the property benefits from a pleasant neighborhood view, enhancing its appeal and providing a more open feel than properties without any specific outlook.

Cons

Limited Bathroom Count: With only one bathroom for three bedrooms, the property presents a significant functional limitation for modern living and will likely necessitate a costly renovation to add another bathroom.
Age-Related System Updates: Built in 1928, the home's original systems (plumbing, electrical, HVAC, roof) are likely outdated and will require substantial capital investment for modernization and deferred maintenance.
High Price Point for Condition: The $2.298M list price for a 1,409 sqft, 1-bath home built in 1928 suggests a premium primarily for the land and location, implying that significant additional investment will be required to bring the interior to modern standards.

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