487 Thompson Ave, Mountain View, CA 94043

$2,525,000
2,896
SqFt
List Price
$2,525,000
MLS#
ML81825563
Zoning
R3-2.5
Sqft. of Residence
2,896
Lot Size
9,373
Listing Area
Thompson

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.

Additional Information

Foundation
Concrete Perimeter
Roof
Composition
Water
Public
Sewer
Sewer - Public

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Ismael Benhamida.

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