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$4,650,000 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 5,800 Sq. Ft.
  • Updated 3 days ago
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Marcus & Millichap is pleased to present 470 Del Medio Avenue, a well-maintained 10-unit multifamily community located in the heart of Mountain View. The property is situated within one of Silicon Valleys most supply-constrained and consistently high-performing rental submarkets. Constructed in 1957, the property consists of ten one-bedroom, one-bathroom units totaling approximately 5,800 square feet of gross building area on a generous 9,750-square-foot corner parcel. The property offers designated tuck-under carport parking with ample space for tandem parking. It has also been newly landscaped with lush greenery, new pavers, and vibrant flowers. More recently, the property has benefited from over $300,000 in electrical capital improvements, including a new 400-amp main switchboard and 125-amp per-unit sub-panels, enhancing operational efficiency and long-term reliability.

Full Property Details for 470 Del Medio Ave

General

  • Price: $4,650,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82030870
  • Updated: 1/12/2026
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Gas Cooktop, Countertop - Solid Surface / Corian
  • Laundry: Coin-Operated

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: Covered Parking, Off-Street Parking, Tandem Parking

Location

  • Area: San Antonio
  • County: Santa Clara

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch, Rolled Composition
  • Disability Access: None
  • Square Feet: 5,800
  • Year Built: 1957

Unit Information

Unit 1

  • Bedrooms: 1

Lot Features

  • Minimum Lot Size: 9750
  • Building Sites: 1
  • Zoning: R3-1*

Disclosures and Reports

  • Restrictions: None

Listed by Marcus & Millichap, Jimmy Castellanos

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Listing agent

— 470 Del Medio Ave —

  • Jimmy Castellanos

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 470 Del Medio Ave

School Districts:Mountain View-los Altos Union School District, Los Altos Elementary School District
NameGradesDistance
Santa Rita Elementary School, Los Altos, CA
700 Los Altos Avenue, Los Altos, CA 94022
K-60.9 mi
Ardis G. Egan Junior High School
100 West Portola Avenue, Los Altos, CA 94022
7-80.6 mi
Los Altos High School
201 Almond Avenue, Los Altos, CA 94022
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 470 Del Medio Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$4,650,000
—
MLS
1/25/2018
Sold
$4,650,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 470 Del Medio Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$51,756
6%
$4,284,000
-8%
2024
$48,695
-9%
$4,681,800
2%
2023
$53,474
11%
$4,590,000
12%
2022
$48,196
-1%
$4,080,000
2%
2021
$48,472
-19%
$4,000,000
-17%
2020
$59,493
5%
$4,837,860
2%
2019
$56,539
20%
$4,743,000
22%
2018
$47,078
4%
$3,901,500
2%
2017
$45,245
2%
$3,825,000
2%
2016
$44,190
323%
$3,750,000
356%
2015
$10,457
1%
$822,396
2%
2014
$10,348
1%
$806,288
—
2013
$10,272
—
$802,645
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 470 Del Medio Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Marcus & Millichap, Jimmy Castellanos

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470 Del Medio Ave, Mountain View, CA 94040 (MLS# ML82030870) is a Commercial Residential Facility property. 470 Del Medio Ave is currently listed for $4,650,000 and was received on January 12, 2026. Want to learn more about 470 Del Medio Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Mountain View? You can browse all Mountain View real estate or contact a Coldwell Banker agent to request more information.

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