. 440 North Rengstorff Avenue is a wonderful, 16 unit, apartment community with development potential located walking distance from Google's headquarters in Mountain View. It is situated on two contiguous parcels totaling 43,200 square feet ( 1 acre). There are four four-unit buildings, two community laundry rooms, and 32 parking spaces. The subject property has all two-bedroom/one-bathroom single story cottage style units ( 795 SqFt) with large fenced backyards and each unit benefits from two assigned parking spaces. This asset is well positioned for significant value add through renovation or potential re-development since the zoning specifies higher density. Multiple nearby properties have been developed into townhouse communities. The subject property feeds into Monta Loma Elementary (842 API), Crittenden Middle (805 API), and Los Altos High ** move in special $400.00 off first months rent move in right away Income 2.5x the rent credit at 650 minimum No Eviction Record Application Fee: $50 per applicant (non-refundable) Small cat OK. $200 pet deposit. $50/month Pet rental fee
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