Mountain View
24832491 Whitney Drive
$15,250,000
Listed by Eric Katz, Magnify Real Estate, Listing Broker
Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736
About This Property
The Mayfield Apartments: 40-unit garden community on 1.45 acres in north Mountain View, bordered by Google's X campus and a 2-minute walk to San Antonio Caltrain. Assumable $8.6M loan at 3.50% fixed to 6/2028. Four 2-story buildings (1959/60) hold 6 studios, 28 one-bedrooms and 6 two-bedrooms around landscaped courtyards and a pool. Private fenced yards at 20 units, vaulted ceilings in 20, LVP floors in 29, dishwashers in 16. New 125-amp subpanels in all 40 units (2026), new wall furnaces in 24, exterior paint and carport roofs 2024. 3 laundry rooms, 5 storage rooms, 53 parking spaces, on-site manager. 95% occupied. Current NOI $833,368 = 5.5% cap / 11.8 GRM; in-place rents 14.6% below market for 6.6% pro forma cap. Four separate APNs. Minutes to Google, Intuit, Microsoft, NASA Ames, Stanford and US-101. Do not disturb residents; open house Thursday 11/19, 10 AM-3 PM;
Property Details
Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .
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Meet Kyle
Kyle Shutts
Real Estate Professional
Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
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