SOLD 04/17/2024
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Commercial sold for $7,000,000 in 169 days
245 Bush St Mountain View, CA, 94041
Off the market Other
Improved Price! The Monte Vista Garden Apartments is a generational opportunity to acquire a 24-unit community in the desirable downtown Mountain View submarket. The offering consists of (1) 2+1; (22) 1+1; and (1) Studio which are all generously sized and many offer pool views. Exterior improvements include a newer coat of paint, copper plumbing, and the roof is being replaced. Mountain View's vibrant tech scene and innovative companies have made it a sought-after destination for professionals looking to be at the forefront of entrepreneurship. The property also offers unparalleled access and connectivity to Silicon Valley being two blocks from the Mountain View Transit Center pairing VTA and Caltrain routes. Boasting a Walk Score of 95, tenants benefit from an impressive array of conveniences within walking distance including dining and retail, of Castro Street, Public Library, Farmers Market, and Pioneer Memorial and Eagle Parks. Exceptional renter demographics.
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Property details
15,964 sqft interior area
Land area
30,486 sqft (0.70 acres)
Address
245 Bush St, Mountain View, CA, 94041
City of California
Mountain View
County
Santa Clara
Year Built
1958
District
Listing
Nearby major retailers
Costco
7-Eleven
Petco
Dollar Tree
Ross
Big Lots
Verizon Wireless
O'Reilly Auto Parts
Marshalls
T-Mobile
Trader Joe's
GNC
Rite Aid
Pet Food Express
AT&T
Supercuts
MetroPCS
GameStop
Safeway
The Home Depot
Lowe's
Walmart
Kohl's
Jiffy Lube
Whole Foods Market
Walgreens
Public Storage
CVS Pharmacy
Walmart Neighborhood Market
See's Candies
TJ Maxx
Wholesale: 2
Convenience: 18
Pet: 3
Variety store: 2
Department store: 8
Mobile phone: 17
Car parts: 5
Supermarket: 10
Nutrition supplements: 1
Chemist: 5
Hairdresser: 3
Video games: 2
Do it yourself: 2
Car repair: 4
Storage rental: 1
Confectionery: 2
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Interior Features
Hardwood floors
Floor Covering
Hardwood
Garage & Parking
Assigned
Appliances
Refrigerator
Listed by
Joel Hopman, Newmark Cornish & Carey
Name
Joel Hopman
License number
01934574
Brokerage company
Newmark Cornish & Carey
MLS #
ML81946812
Buyer agent
Name
Joel Hopman
Brokerage company
Newmark Cornish & Carey
Payment calculator
Calculate your monthly payments
Mortgage
$21,492
Taxes
$0
HOA dues
$0
Mortgage
$1,400,000 / 20%
2.28%
30 years
Your amount
$21,492 / month
Lot details
TMK #15835012
Parcel nr.
15835012
94041 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
—
no data
People living in 94041
48%
Families with children
National average: 39%
36%
Non family households
329,426
Population
$202,988
Average Income
Age & gender
Median age 37 years
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Commute types
79% commute by car
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Education level
37% have professional education
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Number of employees
3% work in management
More info
Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$2.43m
Neighborhood average
sales price*
sales price*
$2.15m
Neighborhood median
sales price*
sales price*
413
Number
of sales*
of sales*
Housing type
41% are single detacheds
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Rooms
34% of the houses have 4 or 5 rooms
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Bedrooms
55% have 2 or 3 bedrooms
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Owners vs Renters
52% are owners
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18 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 17, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 17, 2024 | Sold | $7,000,000 | 0 | Public Record |
| Apr 17, 2024 | Price Decrease | $7,000,000 -13.04% | 0 | MLS #ML81946812 |
| Mar 4, 2024 | Under contract | $8,050,000 | 0 | MLS #ML81946812 |
| Feb 8, 2024 | Price Decrease | $8,050,000 -5.18% | 0 | MLS #ML81946812 |
| Nov 1, 2023 | New Listing | $8,490,000 | 0 | MLS #ML81946812 |
Taxes of 245 Bush St, Mountain View, CA, 94041
R3-2 zoning / MLS #ML81946812
Zoning
R3-2
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Frequently Asked Questions about 245 Bush St
What is 245 Bush St?
245 Bush St is a Commercial/Industrial propertywith 15,964 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
245 Bush St, Mountain View, CA, 94041.
What comparable properties are nearby?
Comparable nearby commercial properties include 2010 California St, 2633 California St, 487 James Rd, 695 E Taylor Ave, 1020 S Winchester Blvd, 200 N Bascom.
Based on information from the bridgeMLS as of 04-30-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 18, 2024
Verhouse Last checked 7 minutes ago
The closest grocery stores are Rose International Market, 0.65 miles away and Safeway 0705, 0.81 miles away.
The 94041 zip area has a population of 329,426, and 48% of the families have children. The median age is 37.95 years and 79% commute by car. The most popular housing type is "single detached" and 52% is owner.
