Property History
365 Chiquita Avenue presents a rare opportunity to acquire a centrally located 13-unit apartment community in the highly desirable city of Mountain View, California. Situated in a quiet residential neighborhood, Chiquita Apartments offers residents exceptional access to the vibrant amenities and economic drivers of Silicon Valley.
The property is within walking distance of historic Downtown Mountain View along Castro Street — a premier mixed-use destination that allows residents to live, work, and socialize in a dynamic and walkable environment. Downtown Castro Street, located between Evelyn Avenue and El Camino Real, features more than 20 retailers and over 70 restaurants, creating one of the Peninsula’s most active and desirable urban corridors. The area is further enhanced by the Transit Center and Civic Center, which support a diverse business community and strong connectivity throughout the Bay Area.
Constructed in 1962, the property sits on a 17,910 square foot lot and consists of twelve (12) two-bedroom/one-bathroom units and one (1) one-bedroom/one-bathroom unit. The unit mix caters to the strong demand for well-located rental housing in Mountain View. Units are individually metered for electricity and gas and master-metered for water, providing operational efficiency. Additional amenities include on-site laundry facilities and covered parking for residents.
Mountain View is strategically located in the heart of Santa Clara County and Silicon Valley, one of the strongest economic regions in the world. The city is home to, or in close proximity to, many of the nation’s largest and most influential technology companies, including Google, Meta (Facebook), Apple, LinkedIn, Yahoo!, and HP, along with thousands of technology startups. Silicon Valley attracts nearly one-third of all venture capital investment in the United States, reinforcing the region’s long-term economic vitality.
With its prime location, strong employment base, desirable unit mix, and walkable access to Downtown amenities, 365 Chiquita Avenue represents an exceptional investment opportunity in one of the most supply-constrained and high-demand rental markets in the country.
Comprised of twelve (12) 2BD/1BA units and one (1) 1BD/1BA unit — a highly desirable layout catering to working professionals and roommates.
Individually metered for electricity and gas, minimizing owner expense exposure, with master-metered water.
Mountain View remains one of the most desirable and capital-rich markets in the country, benefiting from strong venture capital investment and limited new multifamily supply.
Value-add potential with the opportunity to add additional dwelling units (ADUs). Buyer to conduct feasibility study.
Situated in the heart of Silicon Valley near major employers including Google, Apple, Meta, LinkedIn, Yahoo!, and HP, supporting a deep and stable tenant pool.
Located in a quiet residential neighborhood just steps from Downtown Mountain View’s Castro Street, one of the Peninsula’s most vibrant and walkable mixed-use corridors.
SB 721 Balcony Inspection Completed (Passed)
On-site laundry room with two sets of washer/dryer.
Significant rental upside.
Downtown Mountain View plays a unique role within the community allowing people to live, work, and visit within a mixed-use, historical and walkable environment. Downtown is located on Castro Street between Evelyn Avenue and El Camino Real and offers more than 20 retailers and 70 restaurants for visitors, residents and businesses to enjoy. The active Transit and Civic Centers complement the diverse number of businesses.
Built in 1962 the subject property sits on a 17,910 SF Lot and consists of (12) Two-Bedroom/One-Bathroom units and (1) One Bedroom/One Bathroom Units. The units are individually metered for electricity and gas and master-metered for water. Residents also enjoy the benefit of onsite laundry facilities and covered parking.
The city of Mountain View is located in the heart of Santa Clara County and Silicon Valley. It is central to many of the world’s largest high-tech corporations, as well as thousands of tech startups, which account for nearly one-third of total venture capital investment in the United States. Many of the nation’s top tech employers are located within close proximity, including Google, Facebook, Apple, LinkedIn, Yahoo!, HP as well as many others. Mountain View is a thriving city and presents a very desirable market for all types of investors.
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