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ActiveCondo

$1,250,000

928 Wright Ave Apt 1103, Mountain View 94043

Beds3
Baths2
Sqft1,414
DOM18
No Photos Available

AddressIntel AI Briefing

This modern condo unit is priced 9.3% below market per square foot, representing a stable investment in a high-demand rental market. High active permit history in the complex suggests healthy building maintenance and capital improvement.

Property Permit History

DateProject TypeStatusValuationContractor
2026-07-14ELMEFinaled--Unknown
PLActive--Unknown
ELActive--Unknown
PLActive--Unknown
RFActive--Unknown
BLMaster Plan--Unknown
ELActive--Unknown
ELActive--Unknown
PermitMaster Plan--Unknown
CHFPActive--Unknown

Recent Neighborhood Remodeling (Mountain View)

2026-08-112464 BETLO AV, Mountain View, CA
BL
--Finaled
2026-08-07135 CONCORD CL, Mountain View, CA
RF
--Finaled
2026-07-271339 CUERNAVACA CIRCULO, Mountain View, CA
PL
--Finaled
2026-07-24621 LOLA LN, Mountain View, CA
EL
--Finaled
2026-07-241990 SAN LUIS AV, Mountain View, CA
BL
--Finaled
2026-07-22829 WILLIAMS WY, Mountain View, CA
EL
--Finaled

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score69/100
Price / Sqft$884 vs $975 mkt
Price vs Market-9.3% Below market
Est. Rent$4,340/mo

Price positioning vs. 164 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

Stevenson Elementary

Mountain View Whisman

0.4 miles away
Middle School

Crittenden Middle

Mountain View Whisman

1.0 miles away
High School

Los Altos High

Mountain View-Los Altos Union High

1.9 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

75/100

Based on recent sales velocity and local demand in 94043.

Flippability Score

55/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

38%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 6 recent condo sales in Mountain View (94043): $929/sqft. Sized within 25% of the 2,100 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,155,000
New Build2,100 sqft
Total Capital Required$2,580,000
Estimated Resale (ARV)$1,950,900
Cost of Sale (5%)-$97,545
Net Proceeds$1,853,355

Projected Profit

-$726,645
-28.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Mountain View 94043)

Sized to the modelled 2,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1950 Cambridge Dr

Sold
$1,635,000
Sold: 2026-06-18
Lot: -
Sqft: 1879
$/Sqft: $870

853 Sierra Vista Ave # B

Sold
$1,965,000
Sold: 2026-04-14
Lot: 4,424
Sqft: 1850
$/Sqft: $1,062

251 Orbit Way

Sold
$1,880,000
Sold: 2026-03-17
Lot: 840
Sqft: 1904
$/Sqft: $987

139 Flynn Ave

Sold
$1,720,000
Sold: 2026-01-26
Lot: -
Sqft: 1681
$/Sqft: $1,023

1963 Rock St Apt 24

Sold
$1,315,000
Sold: 2026-01-09
Lot: -
Sqft: 1884
$/Sqft: $698

1963 Rock St Apt 4

Sold
$1,165,000
Sold: 2025-11-10
Lot: -
Sqft: 1653
$/Sqft: $705