870 Williams Way
Multifamily | 3.65% CAP | 7 Units
Marketing description
Jimmy Castellanos is pleased to present 870 Williams Way, an exceptional seven-unit multifamily investment and rare owner-user opportunity in the heart of Mountain View, California. Built in 1964, the property sits on an 11,562 square foot parcel and encompasses approximately 6,876 rentable square feet. The asset features a diverse unit mix consisting of one expansive 3-bedroom/2.5-bath owner's residence spanning 2,500 square feet, one recently updated 1-bedroom unit, one classic 1-bedroom unit with bonus room, and four townhome-style 2-bedroom/1.5-bath units of approximately 879 square feet each.
Ideally positioned within Silicon Valley's technology corridor, the property sits minutes from global employers including Google, Apple, Meta, Intuit, and LinkedIn. Further bolstering the area's already robust employment base, OpenAI recently executed a 10-year lease encompassing approximately 450,000 square feet at 350 Ellis Street — just over two miles away — a landmark commitment that underscores the continued institutional confidence in Mountain View as a premier technology destination and further ensures sustained rental demand from a highly qualified workforce. Residents enjoy easy reach of Castro Street's vibrant retail and dining, along with seamless Caltrain and VTA connectivity. The property is further located within the Mountain View Whisman School District — home to Amy Imai Elementary (9/10) and Mountain View High School (8/10), consistently among the top-performing schools in Santa Clara County — broadening the tenant profile and reinforcing long-term demand. With surrounding single-family homes averaging approximately $2.04 million, 870 Williams Way is firmly embedded in one of Northern California's most resilient residential markets.
Investment highlights
- PRIME PRIDE OF OWNERSHIP USER OPPORTUNITY - Live in a spacious 3-bed, 2.5-bath, 2,500 sq ft home with private backyard and garage while renting out six additional units.
- DESIRABLE UNIT MIX - Includes four 2-bed/1.5-bath townhome-style units with private outdoor space, two 1-bedroom units with selective upgrades, and a spacious 3-bed/2.5-bath owner's residence.
- EXCELLENT LOCATION - Minutes from Google, Apple, Meta, Intuit, LinkedIn, and other major tech employers, with convenient access to Caltrain, VTA, and downtown Mountain View.
- OPENAI'S EXPANDING FOOTPRINT - OpenAI recently executed a 10-year lease for approximately 450,000 square feet at 350 Ellis Street, just over two miles away, further cementing Mountain View's status as a premier technology destination and reinforcing long-term rental demand.
- TOP-RATED SCHOOLS - Located within the sought-after Mountain View Whisman School District, including Amy Imai Elementary and Mountain View High School.
- STRONG LONG-TERM VALUE - Surrounded by single-family homes averaging $2.04M within a two-mile radius, reflecting the sustained residential demand and neighborhood quality.
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