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    493 Thompson Avenue

    Mountain View, CA 94043
    • $2,625,000
    • STATUS: Pending
    • ON SITE: 121 days
    • ID#: ML81825564
    Pending
    UPDATED: 71 min ago
    $2,625,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,880
      SQFT
    • $911
      $/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 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.

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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 2021-05-14T23:39:29.037.

    www.stevebhalla.com/homes/113235678
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    493 Thompson Avenue Mountain View, CA 94043

    • Price: $2,625,000
    • Status: Pending
    • Updated: 71 min ago
    • ID#: ML81825564
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    2,880
    SQFT
    $911
    $/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 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.
    Exterior Features

    Exterior Dual Pane Windows Lot Description Level Parking Spaces Total 2 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 138501 Annual Rental Inc 134779 Annual Taxes 31991 Annual Utility Expense 5884 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 2850 Rent Unit2 3150 Rent Unit3 2382 Rent Unit4 2850 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 2021-05-14T23:39:29.037.

     
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