Levin Johnston Featured in RENTV
Mountain View Apartment Property Trades for $550k/Unit
A 16-unit multifamily community in the upscale Bay Area city of Mountain View was purchased by a private investor for $8.8 mil ($550k/unit). This was the first time on the market in more than 25 years for the property, situated on two contiguous parcels totaling almost one acre at 440 North Rengstorff Ave.
The asset, located walking distance from Google’s headquarters, is near downtown Mountain View, in close proximity to schools, shopping, dining, and Highways 101 and 85, providing direct access to all major Bay Area locations. The low-density property is also in close proximity to many other top tech employers such as Facebook, Apple, and Amazon, among others.