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- MLS#ML81825563
- TypeIncome
- CountySANTA CLARA
- CityMountain View
- AreaThompson
- Zip94043
- Style
- Price$ 2,525,000
- Bedrooms8
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2896
- Lot Size9,374 SqFt
Listing Provided Courtesy Of:
Ismael Benhamida with Marcus & Millichap.
Data Source:
MLS Listings
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.
Price History | |
---|---|
1/13/2021 | Listed $2,525,000 |
General Features
# of Buildings | 1 |
---|---|
Accessibility | None |
Additional Rooms | Laundry Room, Storage |
Age | 58 |
City | MOUNTAIN VIEW |
City Limits (y/n) | Yes |
Construction Materials | Wood Frame |
Cooling | Ceiling Fan |
County | Santa Clara |
Energy Features | Double Pane Windows |
Flooring | Laminate |
Heating | Gas, Wall Furnace |
Incorporated Y/n | Yes |
Listing Agent State License | 01722847 |
MLS Area | Thompson |
Parking Features | Assigned Spaces |
Property SubType | Fourplex |
Property Type | Residential Income (2-4 units) |
Roof | Composition |
Security Features | Fire System - Suppression |
Special Listing Conditions | Not Applicable |
Status | Active |
Utilities | Individual Electric Meters, Natural Gas, Public Utilities |
Virtual Tour | http://thompson-cottages.com/idx |
Virtual Tour | http://thompson-cottages.com |
Water | Public |
Year Built | 1963 |
Zoning Text | R3-2.5 |
Interior Features
Building Unit Total | 4 |
---|---|
Kitchen | Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator |
Laundry Features | Coin Operated |
Living Sqft | 2896 |
Unit 1 Rent | 2507 |
Unit 2 Number Of Bedrooms | 2 |
Exterior Features
Building Area Total | 2896 |
---|---|
Foundation Details | Concrete Perimeter |
Horse Property | No |
Lot Acres | 0.2152 |
Lot Description | Grade - Level |
Lot Size Area | 9373.00 |
Lot Size Units | Square Feet |
Maximum Lot Size | 9373.00 |
Meters | Master Gas, Master Water, Separate Electric |
Parking Spaces | 4 |
Sewer/Septic | Sewer - Public |
Yard/grounds | Back Yard, Balcony / Patio, Fenced |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool