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    487 Thompson Avenue

    Mountain View, CA 94043
    • $2,525,000
    • STATUS: Active
    • ON SITE: 112 days
    • ID#: ML81825563
    UPDATED: 50 min ago
    $2,525,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,896
      SQFT
    • $872
      $/SQFT
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Offering memorandum available. Part of a portfolio of six fourplexes. Wonderful Mountain View fourplex that sits on a large 9,373 sq.ft. lot and includes four 2-bed/1-bath units with a total living area of 2,896 sq.ft. Single-story cottage style units with large private backyards located off of a quiet street comprised of mainly single-family homes. Current rent of $10,846/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 great location, large lot, renovated units, excellent schools, proximity to Silicon Valley employers, and value-add potential make 487 Thompson Ave. a great opportunity for both the cash flow and appreciation minded investor.

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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-05-05T23:40:05.8.

    www.stevebhalla.com/homes/113235677
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    487 Thompson Avenue Mountain View, CA 94043

    • Price: $2,525,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: ML81825563
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2,896
    SQFT
    $872
    $/SQFT
    1963
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    Property Description
    Offering memorandum available. Part of a portfolio of six fourplexes. Wonderful Mountain View fourplex that sits on a large 9,373 sq.ft. lot and includes four 2-bed/1-bath units with a total living area of 2,896 sq.ft. Single-story cottage style units with large private backyards located off of a quiet street comprised of mainly single-family homes. Current rent of $10,846/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 great location, large lot, renovated units, excellent schools, proximity to Silicon Valley employers, and value-add potential make 487 Thompson Ave. a great opportunity for both the cash flow and appreciation minded investor.
    Exterior Features

    Exterior Dual Pane Windows Lot Description Level Parking Spaces Total 4 Roof Composition Shingles Yard Description Back YardFenced

    Interior Features

    Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Ceiling Fan(S) Flooring Laminate Heating GasWall Furnace Laundry Coin Operated

    Property Features

    Age 58 Annual Gross Sched Income 131264 Annual Rental Inc 130153 Annual Taxes 31099 Annual Utility Expense 4907 Building Type Fourplex City Transfer Tax Yes Disclosures Rent Control Existing Lease Terms Month To MonthYear Lease Financial Data Source EstimatedOwner Operating Expenses ElectricGasMaintenance/RepairMiscellaneous/OtherTrash RemovalVacancy FactorWater Possession Tenant's Rights Rent Unit1 2507 Rent Unit2 3053 Rent Unit3 2893 Rent Unit4 2393 Tenant Pays ElectricGas Terms CashConventional Water Sewer Sewer System - PublicWater - Public Zoning R3-2

    Listing courtesy of Ismael Benhamida of Marcus & Millichap.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-05-05T23:40:05.8.

     
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