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Sold Date6/08/2021
Closed

493 Thompson AvenueMountain View, California CA94043

Listing IDML81825564

2,880 SqFt 0.303 Acres

$2,562,000

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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