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Activemulti_family

$2,199,999

172 Permanente Way, Mountain View 94041

Beds9
Baths3
Sqft3,024
DOM218
No Photos Available

AddressIntel AI Briefing

Demolishing this updated 1962 home results in heavily negative returns due to compressed size-matched resale comps. SB 9 lot splits are not applicable on this parcel. The optimal strategy is keeping the home as a cash-flowing rental property and making only light cosmetic updates when necessary.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Mountain View)

2026-10-07 • 1063 ROSE AV, Mountain View, CA
RF
--Finaled
2026-10-06 • 1711 CHERRYTREE LN, Mountain View, CA
BLELCH
--Finaled
2026-10-06 • 106 EVANDALE AV, Mountain View, CA
EL
--Cancelled
2026-10-06 • 718 WAKE FOREST DR, Mountain View, CA
ELME
--Finaled
2026-10-06 • 718 WAKE FOREST DR, Mountain View, CA
PL
--Finaled
2026-10-01 • 149 ORTEGA AV, Mountain View, CA
PL
--Finaled

Parcel & Zoning Info

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

Seller Motivation

Motivation Score30/100
Some motivation
90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

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. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Gabriela Mistral Elementary

Mountain View Whisman

0.3 miles away
Middle School

Crittenden Middle

Mountain View Whisman

0.9 miles away
High School

Los Altos High

Mountain View-Los Altos Union High

1.3 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

53/100

Based on recent sales velocity and local demand in 94041.

Flippability Score

25/100

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

Bidding War Prob.

1%

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 multi-family sales in Mountain View (94041): $623/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 4,500 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$2,475,000
New Build4,500 sqft
Total Capital Required$4,849,999
Estimated Resale (ARV)$2,943,000
Cost of Sale (5%)-$147,150
Carry (33mo @ 7%)-$678,562
Net Proceeds$2,117,288

Projected Profit

-$2,732,711
-56.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Mountain View 94041)

Sized to the modelled 4,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

228 S Shoreline Blvd

Sold
$7,728,000
Sold: 2026-09-18
Lot: 10,820
Sqft: 4643
$/Sqft: $1,664

1559 Mercy St

Sold
$2,232,000
Sold: 2026-09-14
Lot: 9,131
Sqft: 3406
$/Sqft: $655

832 Calderon Ave

Sold
$2,175,000
Sold: 2026-09-02
Lot: 13,526
Sqft: 3468
$/Sqft: $627

258 Bush St

Sold
$2,050,000
Sold: 2026-01-21
Lot: 10,901
Sqft: 3490
$/Sqft: $587

465 Chiquita Ave

Sold
$3,000,000
Sold: 2025-03-26
Lot: 10,380
Sqft: 4846
$/Sqft: $619

255 Mariposa Ave

Sold
$3,103,000
Sold: 2025-03-06
Lot: 10,457
Sqft: 5097
$/Sqft: $609