493 Thompson AVE, Mountain View, CA 94043

$2,562,000
2,880
SqFt
Sold Price
$2,562,000
List Price
$2,625,000
Closing Date
Jun 08, 2021
MLS#
ML81825564
Status
SOLD
Zoning
R3-2.5
Sqft. of Residence
2,880
Lot Size
13,184
Listing Area
Thompson

Property Description

Offering memorandum available. Part of a portfolio of six fourplexes. Wonderful Mountain View fourplex that sits on a large 13,184 SqFt lot and includes three 2-bed/1-bath units and one 2-bed/2-bath unit, with a total living area of 2,880 SqFt. Single-story cottage style units with large private backyards located off of a quiet street comprised of mainly single-family homes. Current rent of $11,232/month. Fully renovated units, and current ownership of over 20 years has consistently improved and maintained the property. Opportunity to add further value by repositioning the property to the preferences of Silicon Valley tech employees. Core location 1.3 miles from Google's headquarters. One block to Safeway and restaurants. Feeds into top ranked Los Altos High School. The large lot, renovated units, excellent schools, proximity to Silicon Valley employers, and value-add potential make 493 Thompson Ave. a great opportunity for both the cash flow and appreciation minded investor.

Additional Information

Acres
0.30
Age
58
Cooling System
Ceiling Fan
Energy Features
Double Pane Windows
Floor Covering
Laminate
Foundation
Concrete Perimeter
Garage Parking
Assigned Spaces, Carport, Covered Parking, Off-Street Parking, Parking Area, Uncovered Parking
Heating System
Gas, Wall Furnace
Laundry Facilities
Coin Operated
Living Area
2,880
Lot Description
Grade - Level
Lot Size
13,184
Neighborhood
Thompson
Other Rooms
Laundry Room, Storage
Other Utilities
Individual Electric Meters, Natural Gas, Public Utilities
Roof
Shingle
Sewer
Sewer - Public
Special Features
None
Total Number Of Units
4
Zoning
R3-2.5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ismael Benhamida from Marcus & Millichap. 408-373-6195

Selling Office: XLB.

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