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
Type
Multifamily
Living Area
2,880
Neighborhood
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

Year Built
1963
Sewer
Sewer - Public

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Ismael Benhamida. Selling Office: XLB.

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