Views - Eco Friendly
Address
487 Thompson AVE Mountain View, CA
Price
$ 2,525,000
Property Attributes
  • 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

Property vs Zip Code Average in 94043

Price
AVG $2.57M
$2.53M
Visits
AVG 18
31
Year Built
AVG 1968
1963

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