January 6, 2009

Start your own company in this prime Mountain View house!

1775 ELSIE Ave, Mountain View, CA 94043 | MLS# 80847987
1775 ELSIE Ave Mountain View, CA 94043
Price: $730,000
Beds: 3
Baths: 1
Sq. Ft.: 860
$/Sq. Ft.: $849

16245235_1775
Lot Size: 5,600 Sq. Ft.
Property Type: Attached Single Family
Style: Contemporary, Cottage/Bungalow
Year Built: 1950
Stories: 1
View: Neighborhood
Neighborhood: North Shoreline
County: Santa Clara
MLS#: 80847987
Source: MLSListings
Status: Active
On Redfin: 17 days
Cute & Cozy 3/1. Newly remodeled, New Anderson double pane windows, New stucco exterior, New laminate flooring (Sydney Blue). New Patio door off master leading to private court yard. New back fence & side gates. New interior doors. New designer paint. Bath updated. New brick path on side of the house. New sprinklers in back. Kitchen updated 2002.Garage updated. Terrific location. Walk to Downtown.

It’s the usual deal – a typically priced $849 per square foot house near downtown Mountain View. Hey! It’s got double pane windows! That’s rarity around here sometimes!

But the real reason this is being featured? Check out the sweet office you can have:

1348189131_1775a

Yeah that’s right. Going for that Garage startup ind of feel? This is your opportunity to start the next Google. Entertain the VCs in your garage – while doing laundry at the same time. Own the entreprenurial spirit that makes Silicon Valley so famous today!

Comments (22) -- Posted by: burbed @ 5:33 am

22 Responses to “Start your own company in this prime Mountain View house!”

  1. nomadic Says:

    This one MUST prove the RBA rule: 50% appreciation in five years – economic crisis be damned!

    (Or it can be the new burbed poster child that we check in on monthly until it finally sells.)

  2. nomadic Says:

    (Okay, technically it would only need to hit 40% in five years.)

    Did you notice that in street view it looks like a bunker? Good thing the garage has windows or it would really look forbidding.

  3. rick Says:

    I don’t think garage startup means spending 750k capital to buy a garage to work in. :)

  4. madhaus Says:

    Yeah, what’s wrong with RENTING a garage? In Alameda!

  5. burbed Says:

    >I don’t think garage startup means spending 750k capital to buy a garage to work in. :)

    At a Real Estate seminar, I once heard a speaker say “Do you know what the secret of success for most corporations are? They don’t lease – they own their own real estate.”

  6. madhaus Says:

    At a Real Estate seminar, I once heard a speaker say “Do you know what the secret of success for most corporations are? They don’t lease – they own their own real estate.”

    Ha ha ha! I worked for a company in the computer industry that, like so many in the late 1980s, is no longer with us.

    They BOUGHT all their real estate. In 1989. You know, right at the PEAK! Ahahahahahahahaahah! I think it helped kill them.

  7. nomadic Says:

    LOL – that’s how the Computer History Museum lucked into a nice building by 101 formerly owned by SGI.

  8. WillowGlenner Says:

    This is a burbed Premier Listing. Unique, special the whole thing. LOL.

  9. WillowGlenner Says:

    madhaus, some companies like Intel and HP own significant real estate in SV and make an incredible amt of money leasing it out. Apple had a whale of a time trying to extend their campus and somehow they managed to wrestle the old Tandem facilities from HP but it was such an effort Jobs was quoted as saying it was one of the most challenging negotiations he had had that year. Silicon Graphics was a real estate company for a while there where they made more money leasing to Google than selling whatever they make. I heard they finally sold out to goog.

    As far as your company buying RE in 1989, that might have been the one year where buying corp real estate in the bay area was a bad investment because only 3 years later corp property had already recovered with the internet boom.

  10. madhaus Says:

    WG I don’t want to say where I worked, but this company seriously overreached in 1989. They were buying real estate all over the place, including land they thought they could use to build company housing. I think they also bought commercial stuff. And they didn’t stick to one town, either. They bought land everywhere.

    They were slaughtered. They forgot they were a computer company, not a real estate company.

  11. WillowGlenner Says:

    LOLOL!

    and they thought they could use to build company housing.

    Thats incredible

  12. nomadic Says:

    Sounds like China (company housing).

  13. burbed Says:

    Wasn’t Google trying to do that at Moffett?

  14. steve Says:

    @nomadic, being a real estate company let SGI live on for at least 5 more years that it should have

    @burbed, over the past 2 months I have seen 2 amazing private SV car collections (in 1 case ~$50M in cars, in the other >>$100M). both owners are in commercial real estate. just saying…

  15. madhaus Says:

    @steve – unfortunately twitter isn’t enabled on burbed yet.

  16. Pralay Says:

    Sounds like China (company housing).
    ——–

    Or dorm room

    Twelve workers share each dorm room, measuring approximately 13 by 20 feet in size. Besides the doublelevel bunk beds, the only other piece of furniture in the room is a small cabinet three feet long and two feet wide containing several small drawers for the workers’ belongings.

  17. Herve Says:

    nomadic, I went to Crimson in Los Gatos.

    They did not have foie gras, so the “Tournedos a la Rose”, advertised as “All Grass-fed Filet Mignon with Seared Foie Gras, Black Truffles, Wild Mushroom Demi, Mashed Potatoes, Baby Carrots, Braised Chard” for $43 ended up being a simple tournedos for $46. It was good, but not worth the $46. The appetizers were from good to very good, and the desserts were good. Maybe I would go again, but the tournedos felt like a rip-off.

  18. nomadic Says:

    That’s too bad, Herve. I haven’t been to Crimson in months. But I know they will only serve what they can get really fresh. Their prices are pretty steep, which is why I don’t go very often. My taste isn’t sophisticated to truly appreciate it.

    Thanks for the review! I’m trying to get over there for Thursday 2-for-1 short ribs. :-)

  19. Herve Says:

    nomadic, I did find the food was good, but there are 2 things I did not like:
    - price was not adjusted for lack of foie gras
    - the same name “Tournedos a la Rose” was used for 2 different recipes

    These 2 things made it feel like a rip-off :-)

  20. Herve Says:

    Now reduced to $599K. Maybe not such a bad deal now.

  21. Herve Says:

    The history on Redfin now shows the following:
    Mar 02, 2009 Relisted
    Feb 23, 2009 Off Redfin
    Feb 09, 2009 Price Changed $599,000

    Does it mean a sale did not go through?

  22. nomadic Says:

    Sale didn’t go through – although there may not have been a contract to fall apart. They might have just taken it off the market temporarily to reset the DOM (days on market).


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